Portal Bridge explained: how Wormhole guardians and VAAs work, routes to Sui (and why not MultiversX), step-by-step bridging, fees, the 2022 exploit and alternatives.

Portal Bridge is the token-transfer app built on Wormhole, a cross-chain messaging network secured by 19 validators called guardians; to bridge to Sui with it, you connect a source wallet and a Sui wallet at portalbridge.com, pick the token, send, and claim on Sui if the transfer is not relayed for you. As of October 2026, Portal lists more than 30 chains, including Ethereum, Solana, Base, Arbitrum and Sui. It does not reach MultiversX.
JewelSwap does not operate on Solana and has no Solana product. It runs on Sui, MultiversX and Radix. Solana appears below only as a chain people bridge away from.
Wormhole is a protocol for passing messages between blockchains. Portal is the consumer app on top of it: a website where you move tokens from one chain to another without writing code. When people say "the Wormhole bridge", they usually mean Portal.
Under the hood, Portal can use several transfer methods. The classic one is Wormhole's token bridge, which Wormhole's documentation now calls Wrapped Token Transfers. It locks your tokens on the source chain and mints a wrapped copy on the destination. For USDC, Wormhole can also use Circle's Cross-Chain Transfer Protocol (CCTP), which burns USDC on one chain and mints native USDC on the other. If you are new to the concept, start with what a crypto bridge is.
| Attribute | Detail (October 2026) |
|---|---|
| What it is | Token-transfer app powered by the Wormhole messaging protocol |
| Security model | 19 guardian nodes; 13 signatures needed to approve a message |
| Chains | 30-plus, including Ethereum, Solana, Sui, Base and Arbitrum |
| Transfer methods | Token bridge (lock and mint wrapped tokens) and CCTP for native USDC, depending on the chain pair |
| Arrives on Sui as | Wormhole-wrapped tokens on the token-bridge route |
| MultiversX support | No |
| Major incident | February 2022 exploit: 120,000 wrapped ETH minted without backing, replaced by Jump Crypto |
| Website | portalbridge.com |
Blockchains cannot read each other directly, so Wormhole uses a group of observers to vouch for what happened on one chain to another.
This design means you are trusting that a two-thirds majority of guardians stays honest and that the contracts on both chains verify signatures correctly. The 2022 exploit, covered below, was a failure of the second.
Portal lists Sui among its chains as of October 2026, and Sui's own documentation names Portal as a bridging option. Tokens bridged through the token-bridge route arrive on Sui as Wormhole-wrapped coins. They are different coins from native assets such as native USDC on Sui, and some Sui apps list only the native version. Check what a destination app accepts before you bridge.
Circle supports Sui in CCTP, so a native USDC route to Sui exists in principle. Whether Portal offers it for your particular chain pair is shown in the app's route selection; if it does not, the alternatives below can deliver native USDC.
Wormhole does not list MultiversX, so Portal cannot take you there. MultiversX has its own official bridge, which connects only to Ethereum and BNB Smart Chain. Our Solana to MultiversX guide explains the realistic paths, including one that uses Portal to reach Ethereum first.
Fees. On a manual token-bridge transfer you pay network gas on the source chain and again on the destination chain to claim. Wormhole's own documentation lists small amounts of gas on both chains as a prerequisite. Automatic routes add a relayer fee, so you can skip the claim. Some routes also offer "gas drop-off", where the relayer converts part of your transfer into destination gas so you arrive with a little SUI. For relayed CCTP USDC transfers, Wormhole's documentation, updated September 2026, quotes relay fees of about 4.2 USDC from Ethereum mainnet and about 0.3 USDC from Base, Optimism, Arbitrum and Avalanche, charged at cost.
Time. Guardians sign only after the transfer is final on the source chain, so speed depends mostly on where you start. Solana reaches full finality in about 12.8 seconds, according to its documentation in October 2026. Ethereum takes far longer, typically around a quarter of an hour. Add a short wait for guardian signing and the destination transaction.
On 2 February 2022, an attacker exploited a flaw in Wormhole's Solana contract. The contract failed to validate a system account used in signature verification, which let the attacker forge a guardian approval and mint 120,000 wrapped ETH with nothing behind it. Estimates of the loss range from about $320 million to $338 million depending on the ETH price used. The attacker redeemed most of it for real ETH on Ethereum. Jump Crypto, Wormhole's backer at the time, replaced the full 120,000 ETH, so wrapped-ETH holders were made whole.
A fix for the bug had reportedly been committed to Wormhole's public code repository but not yet deployed when the attack happened. The lesson for users is general: a bridge concentrates a lot of value in a few contracts, and a single verification bug can drain it. Our guide on how to check a DeFi protocol is safe covers what to look at before trusting any bridge.
For a full walkthrough from Solana, see our Solana to Sui migration guide.
Once your assets are on Sui, the JewelSwap Sui app offers JWLSUI and SJWLSUI liquid staking, auto-compounded farms on Cetus and Turbos pools, leveraged farms that borrow from Scallop, and NFT-collateralised lending. Our overview of the best DeFi platforms on Sui covers the wider ecosystem.
Portal is the user-facing app; Wormhole is the messaging protocol and guardian network underneath it. Using Portal means trusting Wormhole's guardians and contracts.
No bridge is risk-free. Wormhole requires 13 of 19 guardians to sign each transfer, but it lost 120,000 wrapped ETH in a February 2022 contract exploit, later replaced by Jump Crypto. Bridge only what you need and test with a small amount first.
No. Wormhole does not list MultiversX as of October 2026. MultiversX's official bridge connects to Ethereum and BNB Smart Chain, so you would bridge to Ethereum first and then use the MultiversX bridge.
Wormhole's token bridge mints a wrapped version of the original token on Sui. It is backed by the tokens locked on the source chain, but it is a separate coin from any native version, such as native USDC on Sui.
Educational, not financial advice. Bridge support checked October 2026; verify before you send.