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LayerZero (ZRO)

LayerZero
[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.
Cross-ChainLayerZero EcosystemMonad Ecosystem

Current price

24h:5.76%

Market cap

Trading volume 24h

Fully diluted market cap

All time high price

29.07%

All time low price

58.23%

Token supply

0 ZRO (0%)
1B ZRO (100%)
$0
$3.92
$0
$3.92B
111.15M ZRO (11.12%)