ZRO (LayerZero) — Research Snapshot as of 2026-10-21

What ZRO is

ZRO is the native token of LayerZero, an omnichain interoperability protocol for cross-chain message passing and asset transfers, built by LayerZero Labs [DOC-5] [21] [23]. It functions as the governance token, with holders controlling fee switches via on-chain voting and a burn mechanism that reduces supply over time [23]. The "ZRO-USD" pair simply means ZRO priced in US dollars [background]. At the snapshot date, CMC lists a live price of ~$2.03, up roughly 8.76% in 24 hours, with a circulating supply of ~402M ZRO against a 1B max supply [21]. Note a data discrepancy on ranking: our own market-data snapshot placed ZRO at rank #93, while CoinMarketCap shows it at #73 with an ~$817M market cap [21] — I cannot reconcile the two from the available material.

Recent catalysts (last ~1–3 months)