- ~25.71M ZRO released, roughly 22.13% of circulating supply
- First of a series of monthly unlocks scheduled through May 2027
- A large jump to circulating supply; watch for sell pressure on ZRO

LayerZero is a protocol that enables efficient and lightweight cross-chain communication.

LayerZero is a cross-chain protocol that enables efficient and lightweight communication between blockchains. Launched by LayerZero Labs in September 2021, the protocol aims to provide a more secure and streamlined alternative to traditional blockchain bridges. It operates through a unique system involving Oracles and Relayers for message validation and transaction processing.

Developed by Bryan Pellegrino, Caleb Banister, and Ryan Zarick, LayerZero has raised over $260 million from prominent investors such as Sequoia Capital, OpenSea, and PayPal. The protocol supports 48 blockchain platforms, including major networks like Ethereum and Polygon. Its first application, Stargate Finance, allows for seamless cross-chain crypto transfers. Key features include trustless cross-chain communication, modular scalability, and a simple user experience with single transactions. LayerZero's advancements also extend to omnichain tokens and governance, making it a significant player in blockchain interoperability.

ZROLayerZero

25.7M ZRO Unlock (22% of circ. supply)