Pontem Network

Pontem Network is a product development studio that builds foundational infrastructure for the Move programming language ecosystem. Operating as Pontem Labs and partnered with Aptos Labs, the team has worked with Move since 2020, initially building tools for Meta's Diem blockchain before pivoting to the Aptos ecosystem and, through its Layer 2 project Lumio, extending reach to Ethereum and Solana.

The studio's product portfolio covers four main areas: a multi-chain wallet, a decentralized exchange, a Layer 2 network, and developer tooling for Move programmers.

Pontem Wallet

Pontem Wallet is a non-custodial self-custody wallet available on Chrome, Firefox, iOS, and Android. It supports over 13 blockchains, including Ethereum, Solana, Aptos, Movement, and Base, with Bitcoin support listed as forthcoming. Users can store and swap tokens, manage NFTs, connect to decentralized applications, and pair the wallet with a Ledger hardware device for cold storage.

The wallet has been independently audited by three security firms: Halborn, OtterSec, and Zellic. According to the Pontem website, 300,000 users have adopted the wallet. In May 2025, Pontem acquired Martian Wallet, a self-custodial wallet with over two million installs across the Aptos and Sui ecosystems. The acquisition is intended to integrate Martian's user base and features into the Pontem Wallet infrastructure, consolidating both products under one platform.

Liquidswap DEX

Liquidswap is Pontem's automated market maker, deployed on Aptos and described by the team as the first and leading DEX on that network. The protocol has processed over $1.5 billion in cumulative trading volume across 1.4 million users, according to Pontem's website. The exchange operates with low fees and is integrated directly into Pontem Wallet for in-wallet swaps.

Lumio: Multi-VM Layer 2

Lumio is Pontem's Layer 2 project designed to support multiple virtual machines across multiple settlement layers. Developers can build applications using the Solana VM (SVM), Move VM, or a parallelized EVM, and choose to settle transactions on Solana, Ethereum, or other Layer 1 networks.

The Lumio canary mainnet, built on the OP Stack as an optimistic rollup, launched with EVM support. According to Pontem's website, it processes over 43,000 daily transactions at an average fee of $0.00007. The network targets up to 3,000 transactions per second with sub-100-millisecond latency, with the architecture designed to scale to 10,000 TPS.

Lumio on Solana, with SVM and Move VM support, is in devnet as of 2025. The Solana implementation routes data availability through Solana's validator network. Developers building on Lumio's Solana devnet can deploy Solana-compatible programs using SVM or write in Move, settling to Solana.

Developer Tooling

Pontem maintains a suite of open-source tooling for Move developers, published at github.com/pontem-network:

• IntelliJ Move IDE: A plugin for JetBrains IDEs adding Move language support, syntax highlighting, and Aptos-specific development tools.
• Move Code Playground: A browser-based editor for writing and testing Move code without a local setup.
• ByteBabel: A Solidity-to-Move bytecode transpiler that provides a migration path for developers familiar with EVM patterns.

All tooling is provided at no cost.

Pontem AI

Pontem AI is an in-development crypto assistant that integrates real-time market data via the CoinMarketCap API. The planned full release targets integration within the Pontem Wallet mobile app and aims to include community sentiment analysis, social trading features, and technical analysis capabilities.

Funding and Background

Pontem has raised a total of $10.5 million across two rounds. The first, a $4.5 million raise in June 2021, was followed by a $6 million round in January 2024 co-led by Faction and Lightspeed Venture Partners. Additional investors include Pantera Capital, the Aptos Foundation, Wintermute, Altonomy, Shima Capital, and Kraken Ventures.

Co-founder Alejo Pint has described the studio's goal as expanding Move adoption beyond Aptos and Sui and reducing developer dependence on EVM lock-in, by offering Move's type safety and formal verification properties as an alternative to Solidity.

Move Language and Security Model

Move was originally designed at Meta for the Diem blockchain. Its resource-oriented type system prevents assets from being duplicated or implicitly discarded, which Pontem's technical materials cite as providing resistance to re-entrancy attacks, a recurring vulnerability class in Solidity-based smart contracts. ByteBabel extends this by offering a migration path for existing Solidity codebases into Move environments.

Solana Ecosystem Position

Pontem's connection to Solana operates through two channels. Pontem Wallet natively supports SOL and Solana-based tokens alongside its other supported networks. More structurally, Lumio targets Solana as a settlement layer: the SVM implementation enables developers to build Solana-compatible applications that settle to Solana's validator network. This positions Pontem as a bridge for Move developers who want to reach Solana users, and for SVM developers looking to adopt Move's safety properties.