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Messari releases LayerZero 2024 Q2 status report: LayerZero adds support for 12 new networks

Messari releases LayerZero 2024 Q2 status report: LayerZero adds support for 12 new networks

CointimeCointime2024/09/02 03:57
coin_news.by:Cointime

Messari released the LayerZero Q2 2024 status report, which added support for 12 new networks, facilitated the transfer of $5 billion in encrypted assets, and increased the average value of each transfer by 78% to over $400. The transfer volume on the Ethereum network increased by 26% compared to the previous month, reaching $913 million, mainly due to the Dencun upgrade reducing gas fees and the introduction of full-chain heavy staking. On June 20th, LayerZero airdropped ZRO tokens to 1.28 million eligible wallets, using anti-witch attack measures and a "donation proof" mechanism. In the second quarter, LayerZero supported over 50,000 contract deployments for full-chain applications (OApps), covering multiple fields such as games, DeFi, and AI. LayerZero currently supports secure communication for over 80 networks, providing interoperability solutions for full-chain applications.

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