Today marks a significant milestone for the Injective Bridge with its highly anticipated Ionic Upgrade, representing the most substantial enhancement to date. This pivotal upgrade transitions the Injective Bridge from being tethered to the Injective Hub into a fully autonomous bridging solution, unifying IBC, Wormhole, and native Ethereum functionalities into a single ecosystem.
Key Features of the Ionic Upgrade
- Autonomous Bridging: Eliminates dependency on Injective Hub.
- Wormhole Gateway Integration: Tokens bridged via Wormhole now automatically convert into Bank assets.
- Market Impact: Affects Helix markets for SOL, ARB, WMATIC, USDC, PYTH, and CHZ.
👉 Learn more about Wormhole Gateway integration
Background
Previously, Wormhole-bridged tokens were designated as CW20 tokens, requiring manual conversion to Bank denom tokens for full ecosystem compatibility. The Ionic Upgrade automates this process, streamlining user experience and interoperability.
Helix Market Migration Guide
Affected Markets
Legacy markets are tagged as follows:
- SOLlegacy
- ARBlegacy
- WMATIClegacy
Steps to Migrate Orders
- Cancel open orders on legacy markets.
Place new orders on updated markets:
👉 Migrate assets seamlessly via the Injective Bridge
Asset Migration for Users
- Navigate to the Injective Bridge.
- Click "Migrate" and select "Check Wallet" to identify eligible legacy assets.
- Follow prompts to convert "-LEGACY" tokens to updated Wormhole assets.
FAQ
Q: Why migrate legacy assets?
A: Legacy tokens lack auto-conversion to Bank assets, limiting functionality. The new standard ensures seamless trading.
Q: Are trading parameters changing for updated markets?
A: No—new markets retain identical parameters but use upgraded Wormhole assets.
Q: How long will legacy markets remain active?
A: Helix will announce a sunset date; migrate promptly to avoid disruptions.
About Helix
Helix is the leading decentralized exchange on Injective, offering zero-fee trading, cross-chain capabilities, and an on-chain orderbook.