24 May 2025

An Overview of the Layer Zero Project

LayerZero enables interaction between various blockchains, with a promise of continuous expansion of their numbers as the ecosystem evolves.

On this page

Occasionally, transferring a token from one blockchain to another may require numerous actions: locating a suitable bridge with the required token liquidity, purchasing the token on one network and additional tokens for gas on each network, and paying a commission. Although feasible, it's not always practical.

However, there's a project named LayerZero aimed at resolving these issues by establishing a new principle of interaction among smart contracts and applications across various networks. This will enable easier movement of tokens between different blockchains, eliminating the need for complex procedures.

LayerZero is an application that facilitates the sending and receiving of transfers between distinct blockchains, effectively creating an intermediate bridge supporting numerous networks between different DeFi platforms. This ensures rapid operation of applications, as if they were running on a single blockchain. The project is already working with networks like Ethereum, BSC, Avalanche, Polygon, Arbitrum, Optimism, Fantom and Metis.

Project investors

The project has successfully raised $173.3 million through four funding rounds.

Large funds such as Andreessen Horowitz (a16z), Sequoia Capital, Animoca Brands, Spartan Group, Multicoin Capital, and others have participated in the investment rounds.

LayerZero investments according to Crunchbase

LayerZero investments according to Crunchbase

The primary product of the LayerZero project is Stargate.Finance.

Logo of the Stargate Finance project

Logo of the Stargate Finance project

Stargate.Finance is an cross-chain liquidity protocol that allows users to exchange tokens between different Ethereum Virtual Machine (EVM) compatible networks. Currently, the Stargate Finance protocol supports Ethereum, Avalanche, BNB Chain, Arbitrum, Optimism, Fantom, and Polygon (MATIC).

Plans for the future include integrating non-EVM networks like Solana, Algorand, and others.

Project token

As of now, the project doesn't have a token. However, their technical documentation confirms its future existence. Users have found a ticker $ZRO, which indicates this.

Technical documentation of LayerZero.

Technical documentation of LayerZero.

Currently, retrodrop hunters are actively using Stargate bridges, Aptos Bridge, BTC-b, and participating in activities on Guild, all in hopes of future rewards.

Summary:

LayerZero aims to integrate the latest advancements of the crypto world. Considering the significant support it has received from its audience and partners, there's strong potential for this project to succeed.

The content on The Coinomist is for informational purposes only and should not be interpreted as financial advice. While we strive to provide accurate and up-to-date information, we do not guarantee the accuracy, completeness, or reliability of any content. Neither we accept liability for any errors or omissions in the information provided or for any financial losses incurred as a result of relying on this information. Actions based on this content are at your own risk. Always do your own research and consult a professional. See our Terms, Privacy Policy, and Disclaimers for more details.

Articles by this author
Major U.S. Banks, Including JPMorgan, Discuss Joint Stablecoin Launch — WSJ

Major U.S. Banks, Including JPMorgan, Discuss Joint Stablecoin Launch — WSJ

JPMorgan, Bank of America, Citigroup, and Wells Fargo are in early discussions to develop a joint stablecoin, working through The Clearing House and Zelle amid the advancement of the GENIUS Act.

Dmytro Psevdonimenko
Jupiter Launches Jupiter Lend on Solana in Partnership with Fluid

Jupiter Launches Jupiter Lend on Solana in Partnership with Fluid

Jupiter steps into the DeFi lending space with Fluid, offering up to 90% LTV and fees starting at just 0.1%.

Dmytro Psevdonimenko
Global Sting Busts Darknet Markets, Nets $200M in Seized Digital Assets

Global Sting Busts Darknet Markets, Nets $200M in Seized Digital Assets

On May 22, 2025, the U.S. DOJ announced global operation RapTor targeting darknet trafficking. The raid resulted in 270 arrests, $200 million seized, and over two tons of drugs confiscated.

Vlad Vovk
DOGE Goes Native on Solana — Powered by Wormhole

DOGE Goes Native on Solana — Powered by Wormhole

Thanks to Wormhole, DOGE will be integrated as a true native asset on Solana, skipping the usual wrapped token approach.

Anton Kryshtal
Lyn Alden vs the System: A New Philosophy of Money

Lyn Alden vs the System: A New Philosophy of Money

She avoids hype, doesn’t promise miracles, and refuses to trade on fear—yet Wall Street reads her. Who is Lyn Alden, and why are her ideas challenging the foundations of modern finance?

Iaroslava Kramarenko
Sergey Nazarov (Chainlink): The Man Who Wants to Chain the World Together

Sergey Nazarov (Chainlink): The Man Who Wants to Chain the World Together

How Sergey Nazarov built the rails for a global internet of contracts — and why 2025 might be the year it all locks in.

Elina Moskovchuk
Monica Long: How Ripple’s Quiet Force Is Redrawing Crypto’s Map

Monica Long: How Ripple’s Quiet Force Is Redrawing Crypto’s Map

Ripple’s Monica Long isn’t chasing headlines—she’s quietly building crypto’s future. From payments to tokenization, here’s how she’s reshaping finance from the inside.

Elina Moskovchuk
What Are Altcoins and How Do They Differ from Bitcoin?

What Are Altcoins and How Do They Differ from Bitcoin?

In the early days of crypto, Bitcoin stood alone as a digital asset. But as interest in blockchain deepened, so did the desire to improve, and diversify. This exploration gave rise to altcoins.

The Coinomist
Ripple On-Demand Liquidity: Solutions to Fixing DeFi Slippage

Ripple On-Demand Liquidity: Solutions to Fixing DeFi Slippage

Ripple’s On-Demand Liquidity (ODL) is redefining cross-border transactions. Instead of slow, intermediary-heavy transfers, ODL enables near-instant payments powered by the XRP token.

Vlad Vovk
Resistance levels: logic, methods, techniques

Resistance levels: logic, methods, techniques

Resistance levels are places where price struggles to move higher, often stalling or reversing after several attempts. Let’s learn how to find, draw and interact with them when trading.

The Coinomist
What Is Bitcoin Knots, a Fork by Luke Dashjr?

What Is Bitcoin Knots, a Fork by Luke Dashjr?

Bitcoin Knots (formerly Bitcoin LJR) is an alternative to Bitcoin Core, both allowing network participants to interact with the Bitcoin blockchain.

Anahit Avetisyan
How to Buy New Crypto Before Listing: A Step-by-Step Guide

How to Buy New Crypto Before Listing: A Step-by-Step Guide

Buying a cryptocurrency before it’s listed publicly has become one of the most talked-about strategies in the space, offering the potential for major upside—if done carefully.

The Coinomist
The Rise and Fall of Web3 Darlings: A Guide to Crypto Longevity

The Rise and Fall of Web3 Darlings: A Guide to Crypto Longevity

Most Web3 projects don’t collapse—they just stop being talked about. What makes one protocol a star and another a ghost? And why, in crypto, silence might signal transformation rather than failure?

Vlad Vovk
Bitcoin Retreats from ATH, But Shows No Sign of Investor Exit

Bitcoin Retreats from ATH, But Shows No Sign of Investor Exit

Bitcoin price down to $108,500 after hitting an all-time high, but open interest in futures keeps growing. Profit-taking activity is also muted — just half of what we saw at previous ATH.

Anton Kryshtal
Crypto Market Rotation: HYPE, SPX, and TAO Outperform as Altcoin Momentum Builds

Crypto Market Rotation: HYPE, SPX, and TAO Outperform as Altcoin Momentum Builds

Altcoins are gaining momentum as Bitcoin hits a new all-time high. Our spotlight falls on three standout tokens: HYPE, SPX, and WLD.

Vlad Vovk
MORE
Networking in Crypto: How It Really Works

Networking in Crypto: How It Really Works

In the crypto world, the most valuable connections aren’t made in interviews—they’re formed in the hallways of events and across social platforms. Here, it’s not about business cards. It’s about ideas, engagement, and reputation.

Iaroslava Kramarenko
Earning by Habit: How Crypto Weaves into Everyday Actions

Earning by Habit: How Crypto Weaves into Everyday Actions

You can now earn crypto tokens for your most routine daily habits — shopping, working out, or grabbing breakfast at a café. But how does it actually work?

Yara Zornell
MORE