LayerZero Price

(ZRO)
USD($)
LayerZero (ZRO) Live Price Chart

LayerZero Live Price Data

The live price of LayerZero is $3.85, with a total trading volume of $ 1.88M in the last 24 hours. The price of LayerZero changed by -4.23% in the past day, and its USD value has increased by +1.34% over the last week. With a circulating supply of 110,000,000 ZRO, the market cap of LayerZero is currently 432.35M USD, marking a --% increase today. LayerZero currently ranks #-- in market cap.
How do you feel about LayerZero today?
Note: This data is for reference only.
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LayerZero(ZRO) Profile

altRank--
rate--
Expand
Documentation
Contract
Ethereum 0x698588...1cdBNB Smart Chain (BEP20) 0x698588...1cdAvalanche C-Chain 0x698588...1cd
Audited By
https://layerzero.gitbook.io/docs/technical-reference/audits
Code & Community
Investors
a16z (Andreessen Horowitz)Multicoin CapitalDelphi DigitalCoinbase VenturesBinance LabsSpartan GroupSequoia CapitalDefiance CapitalSino Global CapitalFTX VenturesNGC VenturesRobot VenturesHypersphere VenturesTiger GlobalUniswap Labs VenturesSamsung Next
$3.7700
$4.2400
$4.8000
-1.63%
-4.23%
+1.34%
$432.35M 
$202,627 
110,000,000
1B

About ZRO

How can I buy LayerZero (ZRO)?

Buying ZRO on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy LayerZero (ZRO) for more information.

What Is LayerZero (ZRO) Crypto?

LayerZero (ZRO) is an interoperability protocol designed to connect multiple blockchains. This protocol allows different blockchains to communicate and share information seamlessly. It aims to facilitate cross-chain operations such as swaps, transfers, and decentralized applications (dApps).

LayerZero uses a unique system involving smart contracts called LayerZero Endpoints. These endpoints are deployed on each supported blockchain to enable communication between them. The protocol relies on two main components: the Oracle and the Relayer. These components verify and relay messages between blockchains, ensuring secure and efficient cross-chain transactions.

LayerZero simplifies the process of building applications that work across multiple blockchains. This makes it easier for developers to create omnichain applications, tokens, and experiences without needing to write separate code for each blockchain.

Its technology supports various use cases, including cross-chain asset bridging and swaps. By using a unified liquidity pool, LayerZero ensures efficient and secure asset transfers across different blockchains.

How Does LayerZero Work?

LayerZero (ZRO) is an interoperability protocol that connects multiple blockchains, allowing them to communicate and share information seamlessly. LayerZero supports various applications, including cross-chain swaps, transfers, borrowing, lending, and omnichain tokens and NFTs. For example, it enables efficient and secure cross-chain asset transfers and supports unified liquidity pools, improving the efficiency of bridges.

LayerZero Endpoints are smart contracts deployed on each supported blockchain. They link all the chains together and facilitate communication. Each LayerZero Endpoint consists of four modules: Communicator, Validator, Network, and Libraries. These modules work together to ensure correct message delivery and extend the network to include new blockchains.

LayerZero uses (Ultra Light Nodes) ULNs and decentralized oracles to transfer messages between chains securely. ULNs do not require a middleman chain or expensive on-chain light nodes, making the process more efficient and cost-effective.

When you send a transaction from one chain (Chain A) to another (Chain B), the Oracle fetches the block header from Chain A and sends it to Chain B. The Relayer independently generates proof of the transaction. If both the block header and proof match, the transaction is validated and executed on Chain B.

LayerZero supports various applications, including cross-chain swaps, transfers, borrowing, lending, and omnichain tokens and NFTs. For example, it enables efficient and secure cross-chain asset transfers and supports unified liquidity pools, improving the efficiency of bridges.

History of LayerZero and ZRO Coin

LayerZero was co-founded by:

  • Bryan Pellegrino: CEO of LayerZero Labs. He holds a PhD in Computer Science from Carnegie Mellon University, specializing in game theory and artificial intelligence.
  • Ryan Zarick: CTO of LayerZero Labs. He is a former software engineer at Google and co-founder of Predictive AI, a machine learning startup acquired by Facebook.
  • Caleb Banister: Principal Engineer of LayerZero Labs. He also co-founded Predictive AI and has a BS in Computer Science from Carnegie Mellon University.

A significant milestone in the LayerZero roadmap is the launch of its native token, ZRO, in the first half of 2024. Other key milestones include:

How to Use ZRO Token

The ZRO token is used within the LayerZero ecosystem for several key functions:

  1. Transaction Fees: You use ZRO tokens to pay for transaction fees within the LayerZero network. This includes fees for sending messages and transferring assets across different blockchains.
  2. Staking: You can stake ZRO tokens to earn rewards. Staking helps secure the network and incentivizes holders by providing additional tokens as rewards.
  3. Governance: As a ZRO token holder, you have voting rights in the decision-making process regarding developments and changes in the LayerZero protocol. This includes voting on proposals that affect the future direction of the project.
  4. Trade ZRO on KuCoin: Trade LayerZero tokens on KuCoin after you do your own research. Buy, sell, or HODL $ZRO depending on your investment goals and risk tolerance.

What Is LayerZero Tokenomics?

Here’s a detailed breakdown of the ZRO tokenomics:

Initial Distribution

  • Ecosystem Fund: 25.00%
  • Airdrop: 19.00% (including 5% for IDO)
  • Core Contributors: 19.00%
  • Investors: 17.00%
  • RPGF (Retroactive Public Goods Funding): 20.00%

Supply Schedule

5% of the total supply will be available through the IDO, with 100% released at the Token Generation Event (TGE).

How to Participate in LayerZero Airdrop

To participate in the LayerZero (ZRO) airdrop, follow these steps:

  • Use Stargate Finance:
    • Bridge Tokens: Use the Stargate Finance dApp to bridge tokens across different networks. Connect your wallet and select the tokens and networks you want to bridge.
    • Provide Liquidity: Add liquidity to Stargate pools. This can increase your chances of eligibility.
    • Stake $STG Tokens: Purchase and stake STG tokens on Stargate Finance. This not only earns you rewards but also boosts your eligibility for the airdrop.
    • Vote in the DAO: Participate in governance by voting on proposals if you have staked STG tokens.
  • Use the Aptos Bridge:
    • Connect your EVM wallet (like MetaMask) and an Aptos wallet (like Petra Wallet).
    • Bridge at least $100 worth of assets using the Aptos Bridge.
  • Interact with Other Bridges:
    • USDC LayerZero Bridge: Use this bridge, which is currently in testnet, to move testnet tokens like USDC and ETH.
    • BitcoinBridge: Use this bridge to transfer BTC.b (a wrapped version of Bitcoin) across different networks.
  • Engage with LayerZero dApps: Use various dApps built on LayerZero like Radiant Capital, Hashflow, and Tapioca. For example, deposit and borrow tokens on Radiant Capital, or make trades on Hashflow.
  • Perform Regular Transactions: Regularly interact with the LayerZero ecosystem by providing liquidity, making cross-chain swaps, and engaging with multiple wallets. Consistent and meaningful interactions increase your chances of receiving the airdrop.
  • Monitor and Track: Keep track of your transactions and activities using tools like CoinStats Portfolio Tracker to ensure you meet the eligibility criteria.

By actively engaging with these protocols and performing the necessary transactions, you can enhance your chances of qualifying for the LayerZero airdrop.

LayerZero (ZRO) Price Movements ($)
PeriodChangeChange (%)
Today$-0.1796-4.45%
7 Days$0.05281.39%
30 Days$3.15450.73%
3 Months$3.15450.73%
24H Investment Barometer
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The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
Risk warning:Please note that the Investment Barometer is provided for informational purposes only and is not an investment advice. Investing carries risk. Please make investment decisions cautiously and based on your own judgement.
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LayerZero Conversion Rate
  • 1 ZRO to USD$3.85
  • 1 ZRO to EUR€3.53
  • 1 ZRO to AUD$5.74
  • 1 ZRO to KRW₩5,338.58
  • 1 ZRO to JPY¥606.16
  • 1 ZRO to GBP£2.97
  • 1 ZRO to INR₨322.32
  • 1 ZRO to IDRRp62,313.04
  • 1 ZRO to CAD$5.28
  • 1 ZRO to RUB₽340.54

FAQ

How much is 1 LayerZero (ZRO) worth?
KuCoin provides real-time USD price updates for LayerZero (ZRO). LayerZero price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time ZRO to USD exchange rates.
Is LayerZero (ZRO) a Good Investment?

These factors make LayerZero an attractive investment, offering a combination of technological innovation, strong backing, and diverse use cases within the blockchain ecosystem:

  1. Interoperability: LayerZero is an omnichain interoperability protocol, allowing seamless communication and interaction between different blockchain networks. This enables cross-chain applications, increasing the usability and integration of various blockchain ecosystems​.
  2. High Potential: The project has raised substantial funding and secured backing from prominent investors like Sequoia Capital, Binance Labs, and Andreessen Horowitz. This shows strong confidence in its potential and future growth​.
  3. Enhanced Security: LayerZero emphasizes security with its unique architecture, including Ultra Light Nodes (ULNs) and decentralized oracles and relayers. This ensures secure and efficient message delivery across chains​.
  4. Broad Ecosystem: The LayerZero ecosystem includes various prominent DeFi projects like Stargate Finance, SushiSwap, and Radiant Capital. Investing in ZRO gives you exposure to a growing network of applications and services utilizing LayerZero's technology.
  5. Staking and Governance: ZRO tokens can be staked to earn rewards and participate in governance decisions. This lets you have a say in the protocol's future direction while earning passive income​.
What Is LayerZero Price Prediction?

These factors collectively contribute to the price fluctuations of LayerZero (ZRO) tokens and influence the ZRO price prediction:

  1. Market Sentiment: The general mood and outlook of the cryptocurrency market can significantly impact the LayerZero price. Positive sentiment can drive the ZRO to USD price up, while negative sentiment can lead to declines​.
  2. Adoption and Usage: The level of adoption and usage of the LayerZero protocol across different blockchains plays a crucial role in influencing the $ZRO price. Increased adoption by dApps and integration with more blockchains can boost demand for ZRO tokens​.
  3. Technological Developments: Innovations and upgrades within the LayerZero ecosystem, such as improvements in its interoperability features or new partnerships, can positively affect the ZRO token price​.
  4. Competition: The presence and actions of competing interoperability protocols can also impact ZRO. Strong competition may limit LayerZero’s market share and affect the ZRO coin price.
  5. Token Supply and Distribution: The dynamics of token supply, including vesting schedules and token releases, can influence price movements. A sudden increase in circulating supply might put downward pressure on the ZRO price.
What is the all-time high price of LayerZero (ZRO)?
The all-time high price of LayerZero (ZRO) is $4.8000. The current price of ZRO is down 0.20% from its all-time high.
What is the all-time low price of LayerZero (ZRO)?
The all-time low price of LayerZero (ZRO) is $2.4700. The current price of ZRO is up 0.56% from its all-time low.
How much LayerZero (ZRO) is there in circulation?
As of 7 19, 2024, there is currently 110,000,000 ZRO in circulation. ZRO has a maximum supply of 1B.
What is the market cap of LayerZero (ZRO)?
The current market cap of ZRO is $432.35M. It is calculated by multiplying the current supply of ZRO by its real-time market price of $432.35M.
How do I store LayerZero (ZRO)?
You can securely store your LayerZero in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your ZRO include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
How do I convert Injective (INJ) to cash?
You can instantly exchange your Injective (INJ) for cash using KuCoin's Fast Trade feature. This feature enables you to convert INJ to your local fiat currency in just a few clicks. However, make sure to complete Identity Verification first to enjoy all the features you may need.
Fear & Greed Index
Note: Data is for reference only.
Neutral59
ZRO
Estimated
-- USD
ZRO/USDT5
$3.8500-4.23%
ZRO PERP/USDT50
$3.85000.00%