New feature on OraiDEX: CW20 Token Transfer

Oraichain Labs
2 min readMay 31, 2022

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We are excited to introduce a new feature on OraiDEX (https://oraidex.io/) that will enable users to seamlessly transfer CW20 tokens to other Oraichain addresses.

What is CW20 tokens?

Similar to ERC20 on Ethereum or BEP20 on BNB Chain, CW20 is the standard token type on the Oraichain Mainnet 2.0. When IBC-compatible assets like ATOM, OSMO or JUNO are moved to the Oraichain network via OraiDEX, they will be wrapped in the form of CW20 tokens for various usage purposes within our ecosystem.

Transfer CW20 tokens on OraiDEX

Oraichain addresses having CW20 tokens now can easily send and receive these assets with OraiDEX. The current list of available tokens include:

👉🏻 ORAI
👉🏻 AIRI
👉🏻 USDT
👉🏻 and more in the future!

About Oraichain

Oraichain is the world’s first AI-powered oracle and ecosystem for blockchains. Beyond data oracles, Oraichain aims to become the first AI Layer 1 in the Blockchain sphere with a complete AI ecosystem, serving as a foundational layer for the creation of a new generation of smart contracts and Dapps. With AI as the cornerstone, Oraichain has developed many essential and innovative products and services including AI price feeds, fully on-chain VRF, Data Hub, AI Marketplace with 100+ AI APIs, AI-based NFT generation and NFT copyright protection, Royalty Protocol, AI-powered Yield Aggregator Platform, and Cosmwasm IDE.

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Oraichain Labs
Oraichain Labs

Written by Oraichain Labs

Layer 1 of AI blockchain oracle and Trustworthy Proofs. Find us at: https://orai.io | https://blog.orai.io

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