LayerZero Labs

LayerZero Labs

Omnichain interoperability protocol for blockchains

Overview

LayerZero Labs builds a cross-chain interoperability protocol that connects more than 50 blockchains, enabling omnichain applications, tokens, and experiences. Its product runs on immutable on-chain endpoints with a configurable Security Stack and a permissionless set of Executors that carry censorship-resistant messages between chains. Developers and blockchain organizations use LayerZero to define their own security and efficiency configurations, making it possible to transfer assets and governance data across networks (for example, Curve’s token transfers between Ethereum and Fantom, and Uniswap governance messages on Avalanche). The platform differentiates itself by offering direct, configurable cross-chain messaging and asset transfer through a unified protocol rather than relying on third-party bridges. LayerZero’s goal is to provide seamless, scalable interoperability for building multi-chain applications and ecosystems.

About LayerZero Labs

Simplify's Rating
Why LayerZero Labs is rated
C+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Data & Analytics

Enterprise Software

Fintech

Crypto & Web3

Company Size

51-200

Company Stage

Late Stage VC

Total Funding

$318M

Headquarters

Vancouver, Canada

Founded

2021

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Simplify's Take

What believers are saying

  • July 23, 2026 Keeta partnership expands regulated tokenized bank money across Ethereum, Solana, and Base.
  • LayerZero now spans 170-plus blockchains, widening distribution for institutional and consumer issuers.
  • Stargate revenue now funds ZRO buybacks, creating direct token-holder value from cross-chain flow.

What critics are saying

  • May 2026 KelpDAO’s $292 million exploit exposed LayerZero’s 1/1 DVN single-point failure.
  • Since May 2026, more than $7.2 billion migrated from LayerZero to Chainlink CCIP.
  • LayerZero’s traffic monetization remains weak; $6.2 billion monthly volume produced only $131,592 revenue.

What makes LayerZero Labs unique

  • LayerZero’s OFT standard powers USDG, USDe, WBTC, and tokenized bank deposits.
  • Allium’s August 2026 dashboard showed LayerZero captured 85.7% of tracked GMP volume.
  • LayerZero’s Stargate acquisition, announced August 2025, unified messaging and value-transfer under one stack.

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Funding

Total Funding

$318M

Above

Industry Average

Funded Over

5 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Benefits

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

1%

2 year growth

2%
BSC News
Aug 10th, 2026
LayerZero moved $6.2B in a month and kept $131,000.

LayerZero moved $6.2B in a month and kept $131,000. LayerZero processed $6.2B in bridge volume over 30 days yet retained just $131,592 in revenue, exposing a widening gap between traffic and earnings as quarterly figures slide from $1.14M to $172.8K. How the revenue model works. Rather than charging users directly for cross-chain messages, LayerZero takes a 0% protocol take rate on messaging fees, with protocol revenue instead funded by $ZRO buybacks sourced from the Stargate ecosystem allocation. Approximately 100% of messaging fees flow to DVNs and Executors, the external node operators that secure and deliver cross-chain messages. Revenue generated by @StargateFinance, specifically fees collected from cross-chain swaps and transfers, is used to purchase $ZRO on the open market. For the first six months after Stargate's acquisition, revenue was split 50/50 between $ZRO buybacks and veSTG holders. That split ended in March, and starting April 2026, 100% of Stargate revenue goes to buying $ZRO. Revenue is declining quarter on quarter. Despite the volume figures, revenue generation has compressed sharply. Quarterly revenue has fallen from $1.14M in Q1 to $172.8K so far in Q3, a decline that reflects both softer market conditions and the protocol's deliberate choice to keep its fee take at zero. LayerZero is currently in a state of having a large amount of traffic but no direct charges, a trade-off that has drawn scrutiny from analysts. The current monthly buyback of approximately 150,000 $ZRO tokens remains relatively small compared to monthly token unlock pressure, meaning a true valuation reassessment may need to wait for larger-scale revenue generated after a potential protocol-layer fee switch. The broader context is that LayerZero acquired @StargateFinance for roughly $110 million in August 2025. LayerZero redirected Stargate DAO's revenue streams, previously allocated to STG stakers, toward $ZRO buybacks. The goal, as stated by the protocol, is to connect Stargate's fee income directly to $ZRO holder value over time. Whether the current revenue trajectory is sufficient to support that thesis remains an open question. (Advertisement)

BSC News
Aug 6th, 2026
Chainlink touts $15B in cross-chain migrations to CCIP.

Chainlink touts $15B in cross-chain migrations to CCIP. Chainlink's CCIP interoperability standard has attracted $15 billion in announced cross-chain migrations, driven by a wave of issuers switching from LayerZero after a $292 million exploit of Kelp DAO's bridge in April 2026. The move that tipped the tally over the line came from BitGo, which announced on August 4, 2026 that it would shift $WBTC transfers away from LayerZero and use Chainlink CCIP by default for future assets it issues. The decision covers more than $7.7 billion of Wrapped Bitcoin, the largest omnichain fungible token by market capitalisation. A security shock that reshaped the market. The migration wave has its roots in a single damaging incident. The rsETH bridge exploit on April 18, 2026 resulted in $292 million in losses, making it the largest DeFi exploit of 2026, with attackers draining 116,500 rsETH from the bridge escrow by forging a cross-chain message. The root cause was the protocol's 1-of-1 verifier configuration: only a single node was responsible for checking cross-chain messages before releasing funds, meaning the attacker only had to fool one verifier to approve a massive, fake transaction. Attackers linked to North Korea's Lazarus Group carried out the theft, targeting off-chain infrastructure rather than smart contract code itself. The incident forced a broad reassessment of bridge security standards across the industry. Various projects, including Mantle, Kelp, Lombard, Solv Protocol, Virtuals, Re, and Kraken, have since announced moves to Chainlink's CCIP. Mantle migrated more than $2.5 billion of MNT, Lombard Finance moved over $1 billion in Bitcoin assets, and Solv shifted more than $700 million in tokenised Bitcoin. CCIP's security model as the draw. Issuers citing security as the deciding factor have pointed to structural differences in how CCIP validates cross-chain transfers. BitGo CEO Mike Belshe framed the decision around risk, saying Chainlink CCIP offers "a proven, institutionally adopted interoperability standard" as the firm expands support for issued assets across more chains. Chainlink's CCIP recorded more than $7 billion in token value migrating to its infrastructure during Q2 2026 alone, while quarterly CCIP volume reached $4.90 billion, up 353% year over year. The $15 billion figure reflects announcements rather than fully completed transfers, and BitGo has not said when its own migration will finish. Industry tallies now put close to $16 billion of wrapped Bitcoin on CCIP, representing roughly 70% of all wrapped Bitcoin by circulating value. (Advertisement)

TronWeekly
Aug 6th, 2026
LayerZero (ZRO) price eyes $1.25 after Global Dollar Network integration.

LayerZero (ZRO) price eyes $1.25 after Global Dollar Network integration. What to know: * ZRO price breakout gains momentum as buyers challenge resistance, signaling a reversal. * ZRO technical setup signals recovery with weakening selling pressure and upside targets. * LayerZero Global Dollar network partnership boosts outlook through regulated digital finance expansion. LayerZero's ZRO token shows growing bullish momentum as buyers attempt to overcome resistance and regain control. The project's entry into the Global Dollar Network further strengthens its position in digital finance, supporting the expansion of secure, regulated, and interoperable blockchain infrastructure. At the time of writing, ZRO is trading at $0.7724 with a 24-hour trading volume of $34.77 million and a market capitalization of $280.68 billion. Despite the 1.33% loss over the last 24 hours, the ZRO price structure and network adoption point to a bullish reversal ahead. ZRO price breakout setup signals 50% rally ahead. According to the crypto analyst Nehal, the ZRO token is showing a promising technical setup as it continues to hold a crucial support zone while testing a descending trendline resistance. The price structure indicates that selling pressure may be weakening, with buyers attempting to regain control. A successful move above this resistance could confirm a bullish shift and attract renewed market attention. In the event that ZRO manages to make a breakout, it will be perceived by many as the beginning of its real rise and will likely target the $1.22-$1.25 range as its rally level, which will certainly be seen as a strong move compared to where it is currently trading. LayerZero strengthens regulated stablecoin infrastructure. The data from Global Dollar Network further highlighted that LayerZero is officially working together with the Global Dollar Network, putting itself at the core of developing digital dollar technology that will be compliant with regulations. The Omnichain Fungible Token (OFT) technology of LayerZero is currently powering USDG, making it possible for cross-chain transactions and boosting the usage of stablecoins. This partnership comes at a time when there is an increased demand for secure and interoperable blockchain environments that will support the coming age of finance. By partnering with more than 150 companies, LayerZero aims to accelerate innovation in the development of regulated cryptocurrencies and expand its presence as a major infrastructure provider within the new Web3 economy. What comes next? The price of LayerZero's ZRO depends on its success in crossing an important resistance level and sustaining buyer sentiment. If it does, it will help re-ignite interest in the token; otherwise, it will continue to consolidate. Simultaneously, the collaboration with the Global Dollar Network can serve as an important catalyst for the growth of ZRO. This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Blockchain Reporter
Jul 26th, 2026
Movement Labs bankruptcy shows how $141M in funding couldn't buy a viable blockchain.

Movement Labs bankruptcy shows how $141M in funding couldn't buy a viable blockchain. July 26, 2026 3:00 AM Table of contents The numbers are stark. Movement Labs raised $141.4 million from investors, yet its fully diluted valuation collapsed more than 99% from its all-time peak to $107 million. Daily on-chain fees in the last 24 hours? Just $1. Application revenue hasn't topped $800 per day since last November. The company has now filed for bankruptcy, according to the weekly project update from WuBlockchain. The episode sits inside a wider pattern: a growing number of projects that secured nine-figure war chests during the last bull cycle are running out of runway without ever finding a market fit. Earlier this week, DEX aggregator Odos announced it will shut down all services permanently on July 30, with users urged to withdraw funds or export private keys before then. Not every shutdown gets a bankruptcy label, but the dynamic is the same - capital alone doesn't create demand. In contrast, the most active chains right now show a different kind of metabolism, as seen in the latest developer activity rankings this week. Worldcoin sells $52.5M of WLD at a 36% discount. The Worldcoin Foundation sold 217.4 million WLD tokens to institutional investors including Pantera Capital, raising approximately $52.5 million. At an effective price near $0.24 per token, the deal closed at roughly a 36% discount to the spot market at the time. The tokens came from the team wallet, are now distributed across multiple addresses, and carry a one-year lock-up period. The Worldcoin Foundation stressed that the sold WLD does not represent equity or profit entitlements in Tools for Humanity, the main development firm behind the project. Proceeds are earmarked to expand World ID technology for enterprises, consumers, and AI agents. The network now reports over 39 million users, with more than 18 million Orb-verified. Still, a large over-the-counter sale at a deep discount suggests the foundation needed to raise cash without spooking order books, a move that often signals liquidity management rather than purely strategic allocation. A bridge exploit, a 30% price drop, and frozen exchange accounts. Wanchain's cross-chain bridge connecting to Cardano was hit by an exploit that drained roughly 515 million NIGHT tokens from the bridge vault, worth around $9 million. The vulnerability stemmed from non-injective encoding of signed messages inside the TreasuryCheck validator. By directly concatenating 14 variable-length fields to build signed payloads, the system allowed different field combinations to produce identical byte sequences, enabling a signature reuse attack. The incident sent the NIGHT token tumbling more than 30% in 24 hours to as low as $0.0158. The Midnight Foundation said exchanges including Binance, Kraken, KuCoin, Bybit, OKX, Gate, and MEXC froze linked accounts, blacklisted attacker wallets, and suspended NIGHT deposits and withdrawals where needed. The foundation noted the core network and underlying asset remain unaffected, but the breach undercut confidence in third-party bridging solutions yet again, adding to a long list of bridge exploits that have plagued multi-chain users. Compliance infrastructure and institutional entry points. Not every development this week pointed toward failure. Uniswap Labs announced Permissioned Pools, a new hook standard built on Uniswap v4 that lets asset issuers manage whitelists at the protocol layer instead of relying on frontend or off-chain controls. The design verifies wallet permissions on every trade and liquidity addition, and leverages v4's virtual accounting to keep permissioned assets secure. Initial partners include Superstate, Securitize, and Dowgo, tapping into the ERC-3643 standard. The move fits into a larger tokenization trend where regulated assets are moving on-chain, a theme explored in the recent tokenization market roundup. On the exchange front, Robinhood Chain hit $700 million in total on-chain assets three weeks after launch, with stablecoins making up $430 million. Roughly $200 million sits in Morpho, which is now integrated directly into the Robinhood app, removing the need for a standalone Robinhood Wallet and generating around 7% annualized yield. That kind of native yield access inside a mainstream brokerage app is precisely the bridge between traditional fintech and DeFi that many projects promised but rarely delivered. In a separate sign of institutional engagement, LayerZero partnered with payment infrastructure firm Keeta to support cross-chain transfers of tokenized commercial bank deposits across Ethereum, Solana, Base, and Keeta Network. Keeta plans to launch stablecoins pegged to nine fiat currencies later this month. The divergence is sharp. While some former high-fliers file for bankruptcy or sell tokens at distressed prices, others are building infrastructure that connects regulated capital to on-chain rails. The industry is not shrinking - it's getting sorted.

PR Newswire
Jul 23rd, 2026
Keeta and LayerZero partner to launch tokenized bank deposits across Ethereum, Solana and Base

LayerZero and Keeta have partnered to enable tokenized commercial bank deposits to be transferred across major public blockchains including Ethereum, Solana, Base, and the Keeta Network. The partnership introduces Keeta Stablecoins, backed by commercial bank deposits held through Bivo, a US-licensed financial technology platform. Keeta Stablecoins will launch later this month in USD and eight other major currencies, including EUR, JPY, CNY, GBP, CAD, MXN, AED, and HKD. The tokens use LayerZero's OFT Standard, allowing institutions to move bank-grade money across multiple blockchains whilst retaining full contract authority. The collaboration aims to provide institutions with regulated settlement infrastructure for payments and treasury operations. LayerZero's cross-chain protocol is already used by PayPal, Bridge, and Ondo Finance, whilst Keeta is part of the Visa Direct payments network.

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