Overview

Logo of LayerZero

LayerZero(ZRO)

Token Price$0.92

24h Change-1.36%

All Time HighDec 6, 2024$7.47

All Time LowJun 6, 2026$0.9

Key Metrics

Market Cap$232.94m

Fully Diluted Valuation$923.14m

Circ. Supply252.33m ZRO

Max Supply1b ZRO

Outstanding FDV$800.36m

Volume 24h$27.86m

CEX Volume$17m

DEX Volume$10.64m

Income Statement for LayerZero

Q2 2026*Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022
Gross Protocol Revenue
Service Fees
EXECUTOR_FEES
DVN_FEES
Token Buy Back
Cost of Revenue
Service Fees
EXECUTOR_FEES
DVN_FEES
Gross Profit
Token Buy Back
Incentives
Earnings
Token Holder Net Income
Token Buy Back

Markets

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Token Rights and Value Accrual

Updated Apr 01, 2026

Overview

Token(s)
ZRO
Token Type
GovernanceUtility
Utility
Staking

ZRO is the limited governance token, allowing holders to control protocol fee accrual and functioning as a utility token that can be used today to pay LayerZero messaging fees and to stake into CryptoEconomic Decentralized Verifier Networks (DVNs) for cryptoeconomic security under the optional EigenLayer-based framework.

Governance Rights

Control

ZRO's primary utility is governance over the protocol fee switch through a fixed, immutable onchain mechanism. If the fee switch is activated through governance, the referendum Treasury Contract will collect fees on the local chain and burn them.

Governance Decisions

ZRO

An immutable smart contract enforces a public onchain referendum every six months. ZRO holders vote YES or NO.

Treasury Decisions

N/A

The LayerZero Foundation manages treasury functions.

Revenue Decisions

ZRO

ZRO holders control whether the protocol charges a revenue-generating fee.

Fee Switch

OFF

In December 2025, a Governance Fee Switch Referendum to apply a fee to each LayerZero Message, convert to ZRO and burn did not reach quorum. The fee switch will remain off until the next vote, programmed to occur every six months.

Primary Value Accrual

Buybacks

Value accrues through ZRO buybacks funded by excess Stargate revenue.

Equity Statement

Zero will not issue any new tokens, ZRO is the only asset. After the fee switch is activated, all platform revenues and economic value generated by Zero, LayerZero, and Stargate will directly belong to ZRO holders.

Economic Rights

Value Capture

After the acquisition of Stargate Finance, excess Stargate revenue funds monthly ZRO buybacks on the open market.

Buybacks

ZRO

Buybacks are currently funded by Stargate revenue. The LayerZero fee switch is currently inactive.

Dividends

N/A

No dividend or revenue distribution is currently active

Burns

N/A

No burn mechanism is currently active

Ownership

Fundraising
Token SaleEquity
Equity Revenue Capture
Yes
Associated Entities
DAOLabsFoundation

Token Usage

An is required to view token usage.

Unlocks

An is required to view token unlocks.

Yields

Showing 10 of 14 pools

Pool
Project
Chain
30d APY Chart
ZRO-WETH0.3%Logo of Uniswap V3Uniswap V3
Logo of Arbitrum
$83,80625.56%25.56%
24.15%
WETH-ZROCL100 - 0.15%Logo of Aerodrome SlipstreamAerodrome Slipstream
Logo of Base
$62,50624.18%
Logo of Aerodrome Ignition
24.18%
47.76%
ZRO-ZENCL200 - 0.08%Logo of Aerodrome SlipstreamAerodrome Slipstream
Logo of Base
$59,390194%115%
Logo of Aerodrome Ignition
78.87%
240%
ZRO-WETH0.3%Logo of Uniswap V3Uniswap V3
Logo of Ethereum
$55,70242.84%42.84%
45.34%
WETH-ZROCL100 - 0.15%Logo of Aerodrome SlipstreamAerodrome Slipstream
Logo of Base
$27,5620.19%0.19%
0.33%
ZRO-WETHLogo of Camelot V3Camelot V3
Logo of Arbitrum
$15,62017.08%17.08%
20.63%
ZRO-WETH1%Logo of Uniswap V3Uniswap V3
Logo of Arbitrum
$14,79421.75%21.75%
21.62%
ZROIsolated (ZRO/USDC)Logo of Radiant V2Radiant V2
Logo of Arbitrum
$14,3240.02%0.02%
0.06%
ZRO-USDTUniswapLogo of BeefyBeefy
Logo of OP Mainnet
$13,67935.60%
41.27%
ZRO-WETHUniswapLogo of BeefyBeefy
Logo of Arbitrum
$11,94438.34%
49.80%
Page 1 of 2

Borrow

Tracking 10 routes

Pool
Project
Chain
ZRO ➞ USDCLogo of Radiant V2Radiant V2
Logo of Arbitrum
$35,617-3.42%
0.02%
-7.65%45%$14,887$564
ZRO ➞ USDCLogo of Radiant V2Radiant V2
Logo of Arbitrum
$33,080-1.52%
0.02%
-3.44%45%$14,887$564
ZRO ➞ USD₮0Logo of Radiant V2Radiant V2
Logo of Arbitrum
$31,252-4.42%
0.02%
-9.88%45%$14,887$564
ZRO ➞ USDCLogo of Radiant V2Radiant V2
Logo of Arbitrum
$22,749-1.39%
0.02%
-3.13%45%$14,887$564
ZRO ➞ WBTCLogo of Radiant V2Radiant V2
Logo of Arbitrum
$18,802-1.27%
0.02%
-2.88%45%$14,887$564
ZRO ➞ EZETHLogo of Radiant V2Radiant V2
Logo of Arbitrum
$16,677-7.76%
0.02%
-17.30%45%$14,887$564
ZRO ➞ WETHLogo of Radiant V2Radiant V2
Logo of Arbitrum
$12,130-0.67%
0.02%
-1.55%45%$14,887$564
ZRO ➞ USDCLogo of Radiant V2Radiant V2
Logo of Arbitrum
$9,509-0.88%
0.02%
-2.00%45%$14,887$564
ZRO ➞ WETHLogo of Radiant V2Radiant V2
Logo of Arbitrum
$9,476-0.47%
0.02%
-1.10%45%$14,887$564
ZRO ➞ RSETHLogo of Radiant V2Radiant V2
Logo of Arbitrum
$6,900-4.17%
0.02%
-9.32%45%$14,887$564