2026-01-17 05:37:02

ApeCoin has rolled out LayerZero's OFT (Omnichain Fungible Token) standard across five major blockchain networks: Solana, BNB Chain, Arbitrum, Base, and Hyperliquid. This marks a significant milestone—the first major Ethereum-native token to achieve true multichain presence without relying on wrapped token bridges.

The deployment leverages a lock-and-mint mechanism that maintains a fixed total supply across all chains. The key feature here is the 1:1 parity: one APE on Ethereum equals one APE on Solana, BNB Chain, or any supported network. No dilution, no synthetic versions—just native liquidity across ecosystems.

This technical shift isn't going unnoticed. Major protocols like Uniswap, Chainlink, and Aave are reportedly tracking the implementation closely, likely evaluating whether similar cross-chain strategies make sense for their own token architectures. It signals a broader trend: the industry is moving away from wrapped token fragmentation toward truly unified liquidity models.

APE7,94%

SOL0,48%

BNB0,71%

ARB4,02%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

8 Likes

Reward
8
4
Repost
Share

Comment

0/400

BoredApeResistance

· 8h ago

APE finally got one thing right—no more relying on cross-chain bridges, just deploying across five chains directly. Now that's true multichain. --- 1:1 parity sounds simple, but this lock-and-mint mechanism needs to truly stabilize the supply; otherwise, it’s just another show. --- Uniswap has their eyes on this, what does it mean? Everyone’s tired of being cut by wrapped tokens; it’s time to change the approach. --- Wait, Hyperliquid is also in? How deep does the trading liquidity need to be to support these five chains? --- Decentralized cross-chain liquidity is finally being taken seriously, but where are the risks? Has anyone done the math? --- Really? Ethereum-native tokens can achieve this so quickly? I need to run my own tests to believe it.

View OriginalReply0

GasFeeTherapist

· 8h ago

Ape finally doesn't need cross-chain nesting anymore, directly 1:1 minting is just awesome. NGL, big coins should learn from this, stop creating so many wrapped versions. Uniswap is watching this, waiting to be forced to follow suit haha. The true omnichain is here, wrapped tokens can retire. LayerZero is really impressive this time, finally mainstream big coins dare to use it. APE did a great job, it's time to show off a little.

View OriginalReply0

Gm_Gn_Merchant

· 8h ago

Ape finally nailed cross-chain, I didn't expect it to expand to five chains so quickly... But can this 1:1 peg really hold? --- I heard that both Uni and Aave are looking at this方案; if it can truly be replicated, that would be great—say goodbye to the nightmare of wrapped tokens. --- Omnichain fungible sounds fancy, but honestly, it's just about unifying liquidity. It should have been done like this a long time ago. --- The lock-and-mint mechanism seems risky; can the total supply really be locked down? --- Ape is the fastest among Ethereum native tokens... Why haven't the other big players moved yet? --- Hyperliquid is also in? Then will the Ape on Solana be even more aggressive in cutting? Haha. --- The no-wrap bridge方案 is indeed clean, but I'm just worried about some unexpected issues popping up later.

View OriginalReply0

MetamaskMechanic

· 8h ago

Ape finally did something meaningful, no longer just relying on monkey avatars to hype up the buzz. If the 1:1 cross-chain thing really gets implemented, it can indeed solve many fragmentation issues.

View OriginalReply0