LayerZero ZRO
42161 · Arbitrum Ecosystem · Cross-chain Communication
ZRO is the governance token of the LayerZero protocol. It is used to vote in immutable onchain referendums held every six months on activating or deactivating the protocol's fee switch, which determines whether LayerZero charges fees on cross-chain messages. If the fee switch is activated, collected revenue is used to buy back and burn ZRO tokens, creating a deflationary mechanism that ties token scarcity directly to protocol usage.
Full contract · 42161
0x6985884c4392d348587b19cb9eaaf157f13271cdCurrent price$0.98092301-4.45% · 24h
Circulating market cap$346.57M
Fully diluted valuation$26.15M
Total token liquidity$92.55K
24h volume$40.51K
Holder address count454.59KAddress count, not unique users
1h change0.21%
4h change-1.69%
24h change-4.45%
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