LayerZero (ZRO)

LayerZero is an omnichain interoperability protocol designed for lightweight message passing across chains. LayerZero provides authentic and guaranteed message delivery with configurable trustlessness.

Series A Funding Round: $6 Million

Series A+ investment Round: $135 Million

Series B investment Round: $120 Million

Whitepaper

Onepager

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Highest

Updated: Jun 20, 2024

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Ticker

ZRO

Type

Utility-token

FoundedUnited States

Registration year2021

What is LayerZero

LayerZero seeks to provide a solution to one of the most pressing issues that blockchain technology is facing today – interoperability. It is an interoperability protocol that uses a novel technique to make it easier for different blockchain networks to connect with each other.

LayerZero is an omnichain interoperability protocol that allows dApps to build across multiple blockchains in a trustless, efficient manner.

LayerZero connects dApps across chains using on-chain Ultra Light Nodes, which achieve the security of a light node with the cost-effectiveness of a middle-chain. Using the protocol, developers can turn their dApps into omnichain-applications using a single, simple interface.