Market Data & Token Stats
| Fully Diluted Valuation | $1.58B |
|---|---|
| 24H Trading Volume | $37.16M |
| 24H Low / High | $1.57 / $1.64 |
| Circulating Supply | 252.33M |
| Total Supply | 1.00B |
| Max Supply | 1.00B |
Key Project Information
| Categories | Smart Contract Platform 14 more |
|---|---|
| Founder | Bryan Pellegrino 2 more |
| Website | layerzero.network Whitepaper |
| Socials | |
| Chains | Ethereum Ecosystem 6 more |
| Explorer | Snowtrace 9 more |
| Contracts |
0x698....271cd
6 more
|
OGAudit Security Evaluation & Social Audit Metrics
OGAudit Coin Evaluation Metrics
LayerZero (zro) Expert User Reviews
Is LayerZero safe or a scam? Read verified Crypto OG reviews about LayerZero
$zro Markets
| Name | Pair | OG Score |
|---|
About LayerZero
LayerZero, the brainchild of LayerZero Labs, emerges as a groundbreaking omnichain interoperability protocol, designed to facilitate lightweight message passing across diverse blockchain networks. At its core, LayerZero introduces Ultra Light Nodes (ULNs), smart contracts on each blockchain serving as trustless endpoints for cross-chain communication. Bryan Pellegrino, Ryan Zarick and Caleb Banister, the founders of LayerZero Labs, bring a wealth of expertise to the project, with backgrounds ranging from game theory to artificial intelligence. The company has garnered substantial support from influential investors, securing $135 million in a Series B round in March 2022 and an additional $120 million in April 2023.
What sets LayerZero apart is its unique features, including on-chain ULNs, generic messaging supporting various payload types, state sharing for seamless application synchronization across chains and instant finality for cross-chain transactions. The protocol's security is underpinned by a combination of oracles and relayers, ensuring the authenticity and efficiency of message delivery. LayerZero's interoperability solution extends beyond simple asset transfers, enabling developers to create omnichain applications that leverage the distinct advantages of multiple blockchains simultaneously. As the protocol evolves, plans include integration with more blockchains and DeFi protocols, alongside the introduction of its own governance token and DAO.
In the realm of interoperability, LayerZero stands out as a versatile and efficient solution, connecting over 50 blockchains and counting. The protocol's reliance on on-chain endpoints, a configurable Security Stack and a permissionless set of Executors contributes to its ability to transfer censorship-resistant messages between chains. With its innovative approach and a commitment to seamless cross-chain transactions, LayerZero is poised to play a pivotal role in shaping the future of blockchain interaction and collaboration.
What is unique about LayerZero (ZRO)?
LayerZero distinguishes itself with on-chain Ultra-Light Nodes, versatile messaging supporting various payload types, state sharing and instant finality for cross-chain transactions.
Who are the founders of LayerZero (ZRO)?
LayerZero Labs, the company behind LayerZero, was co-founded by Bryan Pellegrino, Ryan Zarick and Caleb Banister in 2021.
Who are the backers/investors of LayerZero (ZRO)?
LayerZero Labs has garnered support from prominent investors in the crypto space, including a16z, Sequoia, Paypal Ventures, Polygon, Coinbase Ventures, Binance Labs and more.
Where can I buy LayerZero (ZRO)?
You can buy LayerZero (ZRO) on Binance, BybitCoinbaseOKXGate.io cryptocurrency exchanges.
Information in this section carefully collected and curated from publicly available data from official sources, including the LayerZero Official Website, LayerZero Whitepaper and LayerZero X (Twitter) Account.
The information presented on this page is created and published by the OGAudit Editorial Team for educational and informational purposes. It should NOT be construed as an endorsement, or as legal, or investment advice. If you believe any content on this page is outdated or incorrect, please feel free to contact us for updates and corrections.
Join
OGAudit
