About LayerZero
LayerZero is an interoperability protocol that enables blockchains to communicate or send state data between each other. The protocol is designed to be immutable, censorship-resistant, and permissionless. ZRO is the utility and governance token for the LayerZero protocol.
Buy LayerZero
Trading Insights
Buyer Ratio
Traders
326
89.53%
Buyers
289
81.76%
Sellers
65
91.18%
Searched
552
Market Stats
Market Cap
£335.22M
-8.87%
FDV
£1.35B
Circ. Supply
248M ZRO
Max Supply
1B ZRO
Total Supply
1B ZRO
Diluted Valuation
£1.35B
Performance
Popularity
#128
Dominance
0.01%
Volume (24H)
£36.45M
29.73%
Volume (7D)
£261.66M
Volume (30D)
£736.03M
All time high
£5.58
Price Change (1Y)
-56.48%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Investment risk
Baseline risk: All crypto-assets are risky, regardless of the type of token you hold. Here are some 'baseline' risks to be aware of before deciding to invest.
Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.
Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.
Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.
Don't put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.
Additional details
Recent trends
The price of LayerZero has decreased by 0.11% in the last hour and decreased by 8.86% in the past 24 hours. LayerZero’s price has also fallen by 4.34% in the past week. The current price is £1.35 per ZRO with a 24-hour trading volume of £36.45M. Currently, LayerZero is valued at 75.77% below its all time high of £5.58. This all-time high was the highest price paid for LayerZero since its launch.
The current circulating supply of LayerZero is 247,766,899.193 ZRO which means that LayerZero has as total market cap of £335,224,828.86.
Market details
ZRO vs markets
↘ 75.5%
ZRO vs BTC
↘ 75.54%
ZRO vs ETH
↘ 73.21%
Tags
defi
interoperability
cross-chain
sino-global-capital
+1
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x6985884C4392D348587B19cb9eAAf157F13271cd | |
Optimism | 0x6985884C4392D348587B19cb9eAAf157F13271cd | |
Polygon | 0x6985884C4392D348587B19cb9eAAf157F13271cd | |
Arbitrum | 0x6985884C4392D348587B19cb9eAAf157F13271cd |
Price history
Time | Price | Change |
|---|---|---|
Today | £1.35 | ↘ 9.06% |
1 Day | £1.47 | ↘ 8.86% |
1 Week | £1.40 | ↘ 4.34% |
1 Month | £1.40 | ↘ 2.40% |
1 Year | £3.16 | ↘ 56.48% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
ZRO is the governance token of LayerZero, an omnichain interoperability protocol designed to facilitate seamless and efficient communication across different blockchain networks. LayerZero provides a foundational infrastructure that supports lightweight message passing, allowing for diverse functionalities such as cross-chain transactions, data sharing, and decentralized application (dApp) interactions across multiple blockchains.
ZRO tokens play a crucial role in the governance of the LayerZero ecosystem. Token holders can use their ZRO to vote on key protocol decisions, including updates and modifications to the network. This governance mechanism ensures that the development and operational adjustments of the protocol reflect the preferences and interests of its community.
The primary use of ZRO tokens centers around facilitating governance within the LayerZero protocol. By empowering token holders with voting rights, ZRO ensures a decentralized and user-driven approach to network governance. Additionally, ZRO can be used in various network operations, potentially including paying for transaction fees or participating in security measures, although the specific economic utilities can vary as the network evolves.
LayerZero was established to address the complexities and limitations of blockchain interoperability. By creating a protocol that supports flexible cross-chain interactions, LayerZero aims to enhance the scalability and utility of blockchains. The introduction of ZRO as a governance token aligns with LayerZero's commitment to maintaining a decentralized and community-focused ecosystem. The protocol's development has been supported by significant investments from notable entities in the cryptocurrency space, underscoring its potential impact and value within the industry.
We update our LayerZero to GBP currency in real-time. Get the live price of LayerZero on Coinbase.
The current market cap of LayerZero is £335.22M. A high market cap implies that the asset is highly valued by the market.
The all-time high of LayerZero is £5.58. This all-time high is highest price paid for LayerZero since it was launched.
Over the last 24 hours, the trading volume of LayerZero is £36.45M.
Assets that have a similar market cap to LayerZero include Maple Finance, Bitcoin SV, APENFT, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of LayerZero is 248 million.
LayerZero ranks 302 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Yes, LayerZero is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy LayerZero guide.
Social stats
Popularity in posts
#124
Contributors
1,505
Posts
2,233
% About LayerZero
0.16%
Articles
12
Hold times
0 days
X (Twitter)
65.25% bullish
Sentiment
4.6 ★
Highlights
1,505 unique individuals are talking about LayerZero and it is ranked #124 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, LayerZero has an average sentiment score of 91 out of 5. Finally, LayerZero is becoming less newsworthy, with 12 news articles published about LayerZero.
On Twitter, people are mostly bullish about LayerZero. There were 67.32% of tweets with bullish sentiment compared to 3.18% of tweets with a bearish sentiment about LayerZero. 32.68% of tweets were neutral about LayerZero. These sentiments are based on 2106 tweets.
On Reddit, LayerZero was mentioned in 13 Reddit posts and there were 14 comments about LayerZero. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.