LayerZero Monthly Roundup
A massive November for LayerZero, new chains, new projects and all time high usage metrics across the board with some major milestones unlocked!
A massive November for LayerZero, new chains, new projects and all time high usage metrics across the board with some major milestones unlocked!
🤯Let’s start with the most mind blowing metric – LayerZero now does more transactions going to and from each major ecosystem than even the native bridges do! Users and developers are continuing to select the safest and most open omnichain infrastructure for their transactions.
Diving into the specific data (provided by @DefiLlama)
LayerZero <> Polygon: 56.9k in / 38.1k out
Polygon native bridge: 31.4k in / 16.7k out
LayerZero <> Polygon: 56.9k in / 38.1k out
Polygon native bridge: 31.4k in / 16.7k out
LayerZero <> Arbitrum: 93.1k in / 131.1k out
Arbitrum native bridge: 107.5k in / 4.8k out
Arbitrum native bridge: 107.5k in / 4.8k out
LayerZero <> Optimism: 94.3k in / 87.4k out
Optimism native bridge: 21.9k in / 1.0k out
Optimism native bridge: 21.9k in / 1.0k out
LayerZero <> Avalanche: 16.1k in / 14.4k out
Avalanche native bridge: 1.9k in / 2.8k out
Avalanche native bridge: 1.9k in / 2.8k out
Overall messaging hit an all time high this month for the 3rd month in a row with contracts on Mainnet almost eclipsing 2,000!
LayerZero expanded… a lot! Six new testnets and four new mainets in December alone.
New Testnets: Klaytn, CoreDAO, Gnosis, Intain, Fuse, DOS
New Mainnets: Celo, Dexalot, Intain, Fuse
New Testnets: Klaytn, CoreDAO, Gnosis, Intain, Fuse, DOS
New Mainnets: Celo, Dexalot, Intain, Fuse
🌉 The Harmony ecosystem upgraded its core LayerZero bridge to add 7 additional chains to their network
🟠 Natively Omnichain Bitcoin is here - Seamlessly transfer BTC across multiple networks with zero reliance on wrapped assets
Tons of other ecosystem growth including updates from @pendle_fi, @AngleProtocol, @InterSwap_io, @Unison_gg and @holographxyz
With 8 more since launch and the year almost wrapped up it's been as amazing of a ride as we could have hoped for. We're as excited as we've ever been to keep building and honored to have a chance to support so many amazing developers.
We look forward to seeing what you all do that blows us away this month. As always you can find us on Telegram, Discord and here on twitter so feel free to reach out!
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