{
  "url": "https://blockindex.ai/coin/zro",
  "name": "LayerZero",
  "links": {
    "github": "https://github.com/LayerZero-Labs/LayerZero-v2",
    "website": "https://layerzero.network/",
    "whitepaper": "https://layerzero.network/publications/LayerZero_Whitepaper_V2.pdf"
  },
  "dScore": 29,
  "market": {
    "priceUsd": 0.9641873194058134,
    "marketCapUsd": 336028783.3606185,
    "volume24hUsd": 27315009.24678505,
    "priceChange7dPct": 6.26446726,
    "priceChange24hPct": -3.58893347
  },
  "source": "BlockIndex.AI",
  "supply": {
    "max": 1000000000,
    "circulating": 348509855.49955,
    "circulatingPct": 34.850985549955
  },
  "ticker": "ZRO",
  "founder": "Bryan Pellegrino, Ryan Zarick, Caleb Banister",
  "vcFunded": true,
  "updatedAt": "2026-06-19T06:00:28.960136+00:00",
  "fairLaunch": false,
  "launchYear": 2021,
  "description": "LayerZero is an open interoperability and messaging protocol designed to enable lightweight, trust-minimized message passing between blockchains. Founded in 2021 by Bryan Pellegrino, Ryan Zarick, and Caleb Banister, the protocol provides authenticated cross-chain communication via on-chain endpoints and a standards suite (OFT, OApp, ONFT) that lets applications transfer tokens, governance decisions, NFTs and arbitrary data across a wide set of chains. LayerZero emphasizes censorship resistance and permissionless participation: anyone can run and operate parts of the infrastructure necessary to relay messages and applications can integrate ULN endpoints to achieve cross-chain finality while preserving the security assumptions of the underlying host chains.\n\nAt the technical core of LayerZero is the Ultra Light Node (ULN) concept, an on-chain smart-contract endpoint that validates incoming messages by referencing block headers and transaction proofs on the source chain. This design reduces the need for heavy cross-chain intermediaries or large trusted middlechains, providing a lightweight messaging primitive that enables omnichain applications. LayerZero also defines standards such as OFT (omnichain fungible token) and ONFT (omnichain NFT) which are implemented as ERC-20 compatible contracts across multiple host chains. The protocol is implemented in Solidity for host-chain contracts and the project's V2 repositories and documentation are publicly available on GitHub and docs.layerzero.network, reflecting an open-source development model for its core tooling.\n\nLayerZero's principal use cases include omnichain DeFi primitives, cross-chain token transfers, and application-level state sharing that enables dApps to operate seamlessly across multiple chains. Integration examples and ecosystem listings in the supplied materials show adoption by cross-chain projects and AMMs that leverage OFT standards for liquidity and messaging. The token ZRO serves as a utility and governance asset for the ecosystem and has been deployed as OFT/ERC-20 across multiple networks (Ethereum, Optimism, Polygon, Arbitrum, Avalanche C-Chain, Base, BNB Smart Chain). Institutional funding rounds and developer-facing tooling have supported ecosystem growth, and the project is tracked on major market platforms such as CoinMarketCap and Coinbase with robust visibility in analytics and exchange listings.\n\nTokenomics for ZRO are straightforward from the captured snapshots: the token has a fixed max supply of 1,000,000,000 ZRO and a circulating supply snapshot of approximately 246,294,181 ZRO (~24.63%). The supplied materials do not include an explicit premine percentage or detailed initial allocation table, so public allocation metrics beyond circulating supply and fundraising history are not fully enumerated in the provided extracts. Market snapshots show price and market-cap metrics (price snapshots near $1.35, market cap in the low hundreds of millions), and the token’s all-time high of $7.53 recorded on December 6, 2024 is documented in source snapshots.\n\nGovernance for LayerZero is company-driven in the materials provided: LayerZero Labs is named as the company behind the protocol and investors (a16z, Sequoia, PayPal Ventures, Polygon, Coinbase Ventures, Binance Labs, Multicoin Capital, and others) are listed in funding rounds. The captured data does not present a full on-chain DAO governance framework or explicit token-holder voting mechanics in the extracted materials. Roadmap and future development are focused on LayerZero V2 work, continued refinement of OFT/OApp/ONFT standards, and expanded ecosystem integrations, with developer resources and LayerZeroScan providing observability for messages and integrations across supported chains.",
  "methodology": "https://blockindex.ai/dscore",
  "classification": {
    "layer": "Layer 2",
    "isToken": true,
    "consensus": "Other",
    "parentChain": "ETH"
  },
  "dScoreComponents": {
    "autonomy": 0,
    "ageHistory": 9,
    "governance": 20,
    "nodeDistribution": 0,
    "initialDistribution": 0
  },
  "decentralizationVerdict": "Centralized Leaning"
}