UniversalX is a chain-abstraction trading platform built on Particle Network, enabling asset transfers and token trading between EVM-compatible blockchains and Solana. Its technology allows users to execute cross-chain transactions through a single account without bridging assets or paying gas fees manually. Security is further enhanced with built-in MEV protection. The platform aggregates multi-chain token data to streamline the user experience and monetizes through transaction fees, generating a total of $250,000 in revenue to date. UniversalX has raised $23 million in funding from investors including YZI Labs and HashKey.

Background

In recent months, the market has been flooded with various meme coins. But everything truly ignited with the rise of $TRUMP — that day, traders rushed to swap all their assets into $TRUMP. The resulting withdrawal surge led to centralized exchanges halting SOL deposits and withdrawals. Many users didn’t manage to transfer their funds in time and could only watch helplessly as the golden dog skyrocketed 10x.

Several meme trading platforms and bots exist, like Pump.fun and PepeBot. However, one core issue remains unsolved: how to enable seamless, fast, and low-cost meme coin purchases across different blockchains.

That’s exactly the pain point UniversalX aims to solve. By utilizing a unified account system (also known as chain abstraction), UniversalX enables cross-chain meme purchases without needing to bridge assets, pay gas fees, or deal with multiple chains. Users can buy a meme coin on the SOL chain with a single signature using funds from the BASE chain. Better yet, private keys are self-custodied, ensuring user asset security.

Team Background & Funding

UniversalX is developed and backed by the Particle Network team. To date, Particle Network has raised a total of $23 million in funding, with investors including YZI Labs (formerly Binance Labs) and HashKey, among other notable institutions.

The team is primarily based in Singapore, with a strong presence of Chinese professionals who bring solid technical expertise and deep market insight. The CEO, Pengyu Wang, is a Fudan University graduate with years of experience in entrepreneurship and traditional venture capital. The CTO, Tao Pan, is a Tsinghua University alumnus and previously led the tech team for a major gaming platform.

Technical Principles

UniversalX is built on top of Particle Network, a Layer 1 blockchain focused on chain abstraction. Its mission is to simplify cross-chain interactions for Web3 users. The core offering of Particle Network — the Universal Account — enables users to perform actions across multiple blockchains through a single account, without even realizing they’re interacting with different chains.

At its core, Particle Network functions as a liquidity layer for multiple blockchains. When other chains integrate with Particle Network, corresponding liquidity pools are automatically created. When users make cross-chain transactions, Particle Network manages the asset flow (locking and releasing funds as needed) and charges a small transaction fee in return.

Explanation of the Universal Account – Figure 1. Source: Particle Network

Product Features

1. Multi-Chain Asset Deposit & Withdrawal

UniversalX supports asset deposits and withdrawals across both EVM-compatible blockchains and Solana, covering the majority of user asset types and trading needs.

Blockchains that UniversalX Supports – Figure 2. Source: UniversalX

2. Seamless Cross-Chain Trading

Users can directly use SOL tokens to purchase meme coins on the BNB chain. The underlying blockchain infrastructure automatically handles all cross-chain operations, requiring no manual steps from the user — significantly improving the experience, especially for beginners.

Supported Gas Tokens – Figure 3. Source: UniversalX

3. Integrated Token Data

UniversalX is integrated with major trading platforms such as Pump.fun, Uniswap, and Meteora, as well as token analysis tools. This allows users to view token information directly within the trading interface, enhancing transparency and helping them make informed decisions.

Token Liquidity Distribution – Figure 4. Source: UniversalX

Token Security Scanner – Figure 5. Source: UniversalX

4. Web2-Friendly Features

In addition to Web3 wallet login, UniversalX supports Web2 login options such as Google, Discord, and Twitter, making it easier for Web2 users to onboard. The platform also enables token purchases through traditional payment methods like credit cards and Apple Pay, eliminating the need to deposit or withdraw funds via centralized exchanges (CEX).

Furthermore, UniversalX includes MEV (sandwich attack) protection features for Solana to safeguard user funds and improve the overall trading experience.

Login Interface – Figure 6. Source: UniversalX

Revenue Model

UniversalX primarily generates revenue through transaction fees charged on user trades. Currently, trades involving the top 500 tokens incur a fee of 0.1%, while all other tokens are subject to a 1% fee. Since its launch, the platform has generated a total revenue of approximately $250,000, with earnings closely tied to the popularity and trading volume of meme coins.

Total Revenue – Figure 7. Source: Dune.com

Competitive Benchmark

GMGN is a cross-chain meme trading platform with the largest user base in the space. It has accumulated approximately $38 million in total revenue, primarily through a flat 1% transaction fee model.

Revenue Comparison – Figure 8. Source: DefiLlama

Conclusion

UniversalX is an innovative product built on Particle Network, designed to address key pain points of meme coin trading—namely, the complexity of cross-chain operations and high transaction costs.

By leveraging chain abstraction technology, UniversalX enables seamless cross-chain asset transfers. With just a single account and a single signature, users can, for example, purchase a meme coin on the Solana chain using funds from the BASE chain—no gas fees required. Moreover, the private key remains self-custodied, ensuring asset security.

Key features include support for asset transfers between EVM-compatible chains and Solana, seamless cross-chain transactions, gas fee coverage in six different tokens, and integration with major platforms for token data. Additionally, the Solana chain has introduced MEV (sandwich attack) protection to enhance trading security.

UniversalX generates revenue through transaction fees and has accumulated $250,000 in earnings so far. Backed by strong technical capabilities, it is developed by the Particle Network team, which has secured $23 million in funding from reputable investors, including YZI Labs and HashKey.

That said, UniversalX’s long-term growth depends heavily on the sustained popularity of the meme coin ecosystem. There are notable risks ahead. Cross-chain transactions inherently involve interactions between multiple chains, and the security of cross-chain bridges remains a major concern; vulnerabilities could lead to significant asset losses if exploited. Additionally, UniversalX faces stiff competition from platforms like GMGN, which also offer efficient cross-chain trading and command a larger market share and user base.

Despite these challenges, UniversalX introduces a groundbreaking solution for cross-chain meme coin trading and Web3 accessibility. Its user-friendly design and technical innovation position it well for strong growth and market potential.