KelpDAO Developer Sues LayerZero Over $292M Bridge Exploit
Evercrest says LayerZero approved the single-verifier configuration in writing multiple times, then warned a different developer about it.
The trading volume of LayerZero (ZRO) is $50,441,937.00 in the last 24 hours, with stable market activity.
LayerZero (ZRO) reached an all-time high of $7.47 on Dec 06, 2024 and an all-time low of $0.71 on Jul 31, 2026 . It's now trading 73.63% below that peak and 178.59% above its lowest price.
Market capitalization of LayerZero (ZRO) is $786,585,718 and is ranked #92 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of ZRO tokens (399,181,317 tokens are tradable on the market today).
The fully diluted valuation (FDV) of LayerZero (ZRO) is $1,970,000,000. This is a statistical representation of the maximum market cap, assuming the maximum number of 1,000,000,000 ZRO tokens are in circulation today. Depending on how the emission schedule of ZRO tokens are designed, it might take multiple years before FDV is realized.
With a price decrease of 1.67% in the last 7 days, LayerZero (ZRO) is underperforming the global cryptocurrency market which is up 5.1%, while underperforming when compared to similar Smart Contract Platform cryptocurrencies which are up 4.1%.
Adding LayerZero (ZRO) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more.
To add them, you'll need to import ZRO as a token. You can copy ZRO's contract address
(0x6985884c4392d348587b19cb9eaaf157f13271cd) and import it manually, or add ZRO to MetaMask with one click.
The circulating supply of LayerZero (ZRO) is 399,181,317 ZRO tokens, which represents 39.92% of the maximum supply of 1,000,000,000 tokens.
You can buy LayerZero (ZRO) on various cryptocurrency exchanges. The most popular exchanges for trading ZRO are typically centralized exchanges (CEX) like Binance, Coinbase, and Kraken, as well as decentralized exchanges (DEX) on the Ethereum network. Always ensure you're using a reputable exchange and enable two-factor authentication for security.
News
Evercrest says LayerZero approved the single-verifier configuration in writing multiple times, then warned a different developer about it.
KelpDAO says LayerZero endorsed its bridge setup before the attack, while CEO Bryan Pellegrino has dismissed the lawsuit as meritless.