What's a uAsset?
uAssets bring any asset to any chain. They're 1:1 backed and redeemable anytime.
uAssets are wrapped versions of assets like BTC, SOL, DOGE, and XRP. They let you hold and trade these assets on chains where they don't natively exist.
How uAssets work
When you trade for a uAsset on Universal:
- You send USDC, ETH, or another token
- A Merchant mints the uAsset you requested
- The uAsset appears in your wallet, on the chain you're using
Behind the scenes, the real underlying asset (BTC, SOL, etc.) is held in Coinbase Prime custody. Your uAsset is backed 1:1 by that real asset.
1:1 backed
Every uAsset is backed 1:1 by the real asset. If there are 1,000 uBTC in circulation, there are 1,000 real BTC held in custody.
You can verify this anytime. Check the proof of reserves
Redeemable
uAssets aren't stuck onchain. Merchants can redeem them for the underlying asset at any time. This keeps the price pegged to the real asset.
Available everywhere
uAssets are available on Base, Arbitrum, Solana, Polygon, and World. Each uAsset unit is backed 1:1, regardless of which chain it's on.
Use cases
- Hold - Keep BTC, SOL, or other assets in your existing wallet
- Trade - Swap uAssets on DEXs like Uniswap or Aerodrome
- DeFi - Use uAssets as collateral, provide liquidity, earn yield
The Universal badge
When you see the Universal logo next to a token in the app, you're trading a uAsset. The badge tells you the asset is 1:1 backed by Universal's reserve system.
Start trading
How to Trade on Universal
A simple guide to trading on Universal. Connect your wallet, select an asset, confirm the swap.
Proof of Reserves
Every uAsset is backed 1:1 by real assets. Here's how the reserve system works and how to verify it yourself.
How Universal Works
Universal routes trades to get you the best execution. Native tokens go through DEX aggregators. Non-native assets are minted as uAssets.
