LayerZero V2

BridgesRank #3 among all tracked protocolsNot counted in our DeFi value locked headline (bridge)Official website Updated 23 Oct, 19:41 UTC

$16.34B +2.8%24hValue locked

Value locked
$16.34B
7 days
+44.7%
30 days
+108.1%
Fees per day
$10.76K7-day average
Fees / value locked
0.0%annualised
Chains
61
ZRO price
$1.75−2.8% 24h
Token market cap
$698.6M

About LayerZero V2

LayerZero is a technology that enables applications to move data across blockchains, uniquely supporting censorship-resistant messages and permissionless development through immutable smart contracts.

As of 23 Oct 2026, LayerZero V2 holds $16.34B in value locked across 61 chains, which ranks it #3 among all the protocols we track. Thirty days ago it ranked about #8. 56% of that sits on Polygon, its largest deployment. It is the largest of 120 bridges, with 21% of the sector's value locked; WBTC follows with $9.49B. Its value locked is up 44.7% over seven days and up 108.1% over 30 days. Users paid an average of $10.76K a day in fees over the last seven days; a year at that pace would equal 0.0% of its value locked, against a sector median of 2.7%. Its ZRO token is valued at $698.6M, 4% of its value locked.

LayerZero V2 value locked, daily, 25 Jul 2026 to 23 Oct 2026

Value locked by chain

Largest bridges

Full sector
#ProtocolChainsValue locked7dFees/day
1LayerZero V2Polygon, Ethereum +59$16.34B+44.7%$10.76K
2WBTCBitcoin$9.49B+0.1%–
3Coinbase BridgeBitcoin, Ripple +3$8.04B+1.5%–
4Hyperliquid BridgeHyperliquid L1, Arbitrum$6.73B−0.2%–
5Binance BitcoinBitcoin$5.55B+0.1%–
6Arbitrum BridgeEthereum$3.36B−4.0%–
7USDT0Ethereum$3.18B+1.2%–
8Base BridgeEthereum$2.93B+0.5%–

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