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.
0x6985884c4392d348587b19cb9eaaf157f13271cdRead price, trading volume and pools separately
24h change -4.45% · 24h volume $40.51K · Total token liquidity $92.55K
The chart above shows the selected pool; switching pools does not change token-level aggregate metrics.
Trading activity
Token aggregate · selected window · 24h · Amounts in USD
| Selected window | Buy | Sell |
|---|---|---|
| Trade count | 651 | 1,007 |
| Unique address count | 104 | 139 |
The difference is buy volume minus sell volume, not net capital inflow. Addresses are deduplicated within each side; one address may appear on both.