Wormhole has announced a major upgrade to W tokens via the release of W 2.0 Talknemics.
The multi-chain protocol optimized wormhole reserves, target base yield of 4%, and schedules optimized. The W token price exceeded 22% in the last 24 hours and reached 40% in the 30 days since its announcement.
W 2.0 introduces a spare mechanism and yield program
Wormhole has launched W 2.0 Tokenomics, featuring wormhole reserves that accumulate the value and revenue of the protocol. Strategic reserve channels for chain and out-of-chain revenues from Wormhole, Portal, and Ecosystem applications are W token values.
The spare system ensures that increased adoption of wormholes is converted to W token values through network expansion and portal fees. Protocol revenue from ecosystem applications contributes to the protected area and creates an increase in the locked W token.
W-token holders now have access to a target-based yield of 4% through governance participation and staking. Yields come from existing token supply and protocol revenues without introducing inflation. Total supply remains closed with 10 billion tokens, with no new mint planned.
Portal distance allows individuals to earn points and increase their staking rewards by using the Wormhole main app. Active use of the ecosystem increases the likelihood of rewards above the baseline of 4%.
Annual cliff lifting has been replaced by a biweekly schedule
Wormhole abolished the concentrated annual cliff falls in favor of the two-week drops that began on October 3, 2025. The redesigned release pattern reduces the market stress caused by large token sellouts.
Unlocking every two weeks affects Guardian nodes (5.1%), Community & Launch (17%), Ecosystem and Incubation (31%), and Strategic Network Participants (11.6%). These categories will change from the cliffs of the year to a continuous release after 4.5 years.
The Foundation’s Ministry of Finance (23.3%) has remained unchanged from the original daily four-year itinerary. Core Contributor Allocation (12%) is officially released to the Wormhole Foundation every two weeks, but remains contractually locked each year.
With its extended locking schedule, investors and Guardian validation will fall into lockstep with the protocol’s success until October 2028. This is another six months after our initial commitment.
Price jump for W tokens after the announcement
The price of W tokens rose 22% 24 hours after its announcement. The market responded favorably to better toconemics and yield structure. The current supply in circulation is approximately 4.76 billion tokens, representing 46.63% of the total supply. W tokens are native ERC-20 and Solana SPL via Wormhole’s native token forwarding standard. The cross-chain function is available on over 40 blockchains.

Double price list: Coingecko.
Work is currently underway with products such as portals, native token transfers, payments, queries and more. Institution-grade assets increasingly choose wormholes due to their own security benefits. Wormhole’s contributors aim to make the protocol the default rail for the capital markets of the Internet economy around the world.