LayerZero

ZRO#87DeFi Interoperability Ethereum Avalanche Polygon

Confirm official data

$1.88

+41.4%past year

Code is moving, $378K in fees this month, sources agree.

Code

255+ commits in 90 days from 27 people

Human commits in the five most recently pushed repos.

Nov 9Nov 1

Last push: Nov 5, 2026
Last release: Sep 9, 2026

LayerZero-Labs · official site, CoinMarketCap

Usage

$378K in fees over 30 days

Fees include what users pay to everyone, not just the protocol. Source: DefiLlama.

Nov 4Nov 3

TVL: $18.5B

Numbers

CoinGecko and CoinMarketCap agree

CGCMC

Price$1.82$1.82Agree

Supply400M405MAgree

Mcap$729M$739MAgree

Volume$77.9M$89.5M×1.15

We show both and don’t say which is right. CoinGecko, CoinMarketCap

Paper → real

About $729M of $1.82B is real

Selling everything at 2% a day would take 79 days.

Paper (all tokens)$1.82B

Market cap$729M

Real$729M

Real is the market cap scaled down when its order-book depth is below what is typical for a token of its size. An estimate, not a price. Venues we didn’t believe: Deepcoin.

Where it lives

5 tokens under its ticker that no list knows

Home contract: Ethereum 0x6985…71cd

HomeBaseLayerZero 0x6985…71cd$598K

HomeEthereumLayerZero 0x6985…71cd$151K

HomeArbitrumLayerZero 0x6985…71cd$128K

HomeOptimismLayerZero 0x6985…71cd$34.7K

HomeBNB ChainLayerZero 0x6985…71cd$21.8K

UnknownSolanaLayerZero FK8rdd…DxhN$14Kclaims $1.89B

Copies are what DEX search finds under the same ticker. Liquidity counts only pools against real assets; a pool against a made-up token can claim any figure.

Leverage

$135M in open futures, 18% of the market cap

Closing them all by force would take 15 days of 2% sell depth.

Funding, 8h: +0.0066% · longs pay shorts
Futures volume: $124M · 1.6× the spot volume · open interest turned over 0.9×
Liquidated, 24h: longs $2.78K · shorts $12K
Venues: Bybit, OKX, Hyperliquid, Binance

Perpetual futures on Binance, Bybit, OKX and Hyperliquid, read hourly; CME and other venues are not counted. Liquidations from Bybit (every one), Binance (the largest per second) and OKX (its latest orders each hour): a lower bound.

Where Hyperliquid positions get liquidated

longs, closed below the priceshorts, closed above

within 5%: longs $0 below · shorts $0 above

4 open positions of the largest accounts and busiest traders, whose liquidation prices Hyperliquid publishes. Exact, not a model, but Hyperliquid only.

On-chain