Overview of LayerZero (ZRO)
LayerZero is an innovative interoperability protocol designed to facilitate secure and lightweight message transfers across different blockchain networks. With its adjustable trust levels, it ensures data authenticity while maintaining efficiency.
Core Features:
- Cross-chain message transfer capability
- Adjustable trust levels for enhanced security
- Lightweight protocol architecture
Market Performance Metrics
| Metric | Value | Change |
|---|---|---|
| Current Price | $ | - |
| Market Capitalization | $216.18M | +5.68% |
| Trading Volume | $33.31M | +25.99% |
| All-Time High | $31.31 | -93.79% |
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Token Supply Details
LayerZero's token economics show careful planning with verified supply data:
| Supply Type | Amount |
|---|---|
| Circulating Supply | 111.15 million ZRO |
| Total Supply | 1.00 billion ZRO |
| Max Supply | 1.00 billion ZRO |
Last updated 4 days ago
Note: The current circulating supply is relatively low, indicating potential volatility risk.
Exchange Listings and Trading Pairs
ZRO is available on major cryptocurrency exchanges:
| Exchange | Trading Pair | Volume |
|---|---|---|
| Binance | ZRO/USDT | $5.90M |
| Toobit | ZRO/USDT | $4.73M |
| MEXC Global | ZRO/USDT | $3.31M |
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Historical Performance and Key Statistics
- All-Time High: $31.31 (April 24, 2023)
- Volume/Market Cap Ratio: 0.154
- Fully Diluted Valuation (FDV): $1.94 billion
- BTC Price Equivalent: 0.0000178 BTC
- Listing Date: April 20, 2023
Technical Implementation
LayerZero operates through smart contracts on multiple chains:
| Blockchain | Contract Address |
|---|---|
| Ethereum | 0x6985884C...71cd |
| BNB Smart Chain | 0x6985884c...71cd |
| Optimism | 0x6985884c...71cd |
Frequently Asked Questions
What makes LayerZero unique?
LayerZero stands out with its lightweight interoperability protocol that maintains security while enabling efficient cross-chain communication. Its adjustable trust levels provide flexibility for different security requirements.
How risky is investing in ZRO?
With a relatively low circulating supply (about 11% of total supply) and being a newer project, ZRO carries higher volatility risk compared to more established assets.
Where can I buy LayerZero (ZRO)?
ZRO is available on 57 exchanges including major platforms like Binance, OKX, and MEXC Global. Always use reputable exchanges and practice proper security measures.
What affects ZRO's price?
Key factors include:
- Adoption of LayerZero protocol
- Overall crypto market trends
- Development progress and partnerships
- Circulating supply changes
How does LayerZero compare to other interoperability solutions?
LayerZero offers unique trust level adjustments that differentiate it from competitors. Its lightweight architecture may provide efficiency advantages for certain use cases.
What's the long-term potential of ZRO?
While promising, ZRO's future depends on protocol adoption and the growth of cross-chain applications. The fully diluted valuation suggests significant growth potential if LayerZero gains widespread use.