Entity

LayerZero

LayerZero is a cross-chain interoperability protocol that enables messaging and asset transfers between different blockchains. It provides developers with tools to build decentralized applications that can interact with multiple networks.

Why it’s in the news: It is in the news due to a major lawsuit from KelpDAO following a significant exploit and a massive capital exodus of over $15 billion to competing infrastructure like Chainlink's CCIP.

Latest on LayerZero

  • KelpDAO sues LayerZero for the largest exploit 2026 has seen so far
  • LayerZero unveils trading infrastructure for crypto and tokenized markets, ZRO surges
  • Wyoming joins $15 billion LayerZero exodus with state stablecoin move
  • BitGo’s WBTC move pushes LayerZero-to-Chainlink tally near $15 billion
  • Over $7.2 billion have migrated from LayerZero to Chainlink CCIP as Mantle joins exodus

Connections

5 entities linked to LayerZero across the news graph.