LayerZero

ZRO is the governance token of LayerZero, a protocol that carries messages and tokens between blockchains.

LayerZero is an interoperability protocol. Applications use it to send messages and move tokens between many blockchains. Each application chooses which verifier networks (DVNs) must confirm its messages.

ZRO is the governance token. Every six months holders vote on a fee switch that would charge a small fee per message and burn it; all four votes so far kept it off. The LayerZero Foundation repurchases ZRO each month with revenue from the Stargate bridge. In August 2026 the team introduced ATLAS, an exchange engine on its new Zero network, which would use 75% of its fees after venue rebates to buy and burn ZRO.

Supply is fixed at 1 billion ZRO, about 35% of it circulating, with unlocks for core contributors and strategic partners running into 2027. In April 2026 an attacker drained about $292 million from Kelp DAO's bridge built on LayerZero, which used a single verifier; LayerZero blamed that setup, and Kelp sued the company in September 2026.