layerzero

LayerZero posted on platform X that its Layer1 blockchain Zero mainnet and trading engine lzATLAS will launch on November 30. lzATLAS is the first application to be launched on Zero, starting with Open ATLAS, and will support more than ten trading venues at launch, with more to be integrated within the year.LayerZero stated that the initial focus of the mainnet is on open markets, and institutions are already testing lzATLAS in large market scenarios such as the U.S. stock market. Various trading venues are integrating trading infrastructure and testing order execution and settlement.

LayerZero Labs, in collaboration with the a16z Crypto research team, Carnegie Mellon University, and Imperial College London, has released new research results called Aerie, aimed at enhancing the aggregation efficiency of post-quantum cryptography signatures. According to the introduction, Aerie is built on the previously launched lattice-based polynomial commitment scheme Akita.On a MacBook Pro equipped with the Apple M4 Max chip, using 16 CPU cores without GPU acceleration, it can aggregate 32,768 Falcon-512 signatures in 0.65 seconds, with peak memory usage of approximately 2.1 GiB. LayerZero states that compared to the previous Orthus scheme, Aerie's proof generation speed has improved by about 1.5 times, verification speed has increased by 38 times, and proof size has been reduced by about 1.7 times. Additionally, Aerie supports the aggregation of ML-DSA signatures standardized by the National Institute of Standards and Technology (NIST), with specific performance data to be announced later. This research aims to provide a technical path for achieving low-latency, post-quantum secure consensus on blockchain without the need for dedicated hardware.

According to official news, Metis Andromeda will make two adjustments in October: support for Stargate will be terminated on October 23, and LayerZero V1 related routing should be disabled by that date; starting October 30, LayerZero Labs' DVN (Decentralized Verification Network) and Executor will no longer provide services for Metis. Additionally, the Stargate V1 liquidity pool will close on December 15 across all chains.The official statement indicates that most holders do not need to take action. m.USDC, m.USDT, WETH, and METIS are issued by Metis's native cross-chain bridge and are unrelated to Stargate; minting and redemption will proceed as usual, and the Ethereum ↔ Metis native cross-chain bridge will also remain unaffected. Users providing liquidity to the Stargate liquidity pool on Metis must withdraw their liquidity before October 23. If there is any staking, it must be unstaked first, and then users should select the Metis Andromeda network in the Stargate application to withdraw.

Binance has now completed the token merger of Stargate Finance (STG) into LayerZero (ZRO). The tokens have been distributed at a ratio of 1 STG = 0.08634 ZRO. The old STG tokens will no longer support deposits and withdrawals.

According to Arkham monitoring, LayerZero has once again purchased over 162,000 ZRO tokens, worth approximately $347,000, bringing its total buyback amount to 2.538 million tokens, valued at around $5.4 million.Meanwhile, the price of ZRO has risen above $2.13 and is approaching the $3 resistance level. LayerZero co-founder Bryan Pellegrino has previously expressed optimism about the long-term development of ZRO, and this buyback has further attracted community attention.

According to on-chain analyst Yu Jin's monitoring, two addresses received 40.57 million ZRO from LayerZero's strategic partner multi-signature wallet a year ago, worth 73.02 million USD.6 hours ago, these two addresses transferred 8 million ZRO to Coinbase Prime, worth 14.98 million USD.

USD.AI announced that USDai and sUSDai have now been extended to Solana through LayerZero's OFT standard, allowing them to circulate as unified assets across supported networks.LayerZero stated that in addition to Solana, the two assets also support Arbitrum, Ethereum, Plasma, and Base; as of now, the cumulative cross-chain transfer amount achieved through the OFT standard has exceeded 2 billion dollars.

On Monday, the oracle network Chainlink released the cross-chain interoperability protocol CCIP 2, making significant upgrades to its communication and cross-chain bridge infrastructure. The new version allows enterprises to add their own security verification checks on top of Chainlink's default network of 16 independent node operators. Enterprises can run their own validators or hire external service providers such as Infosys and Nethermind. Chainlink stated that users should not be forced to become "cross-chain security infrastructure experts."This upgrade comes about five months after the Kelp DAO was hacked in April of this year. The attackers are reportedly linked to the North Korean Lazarus group, stealing approximately $292 million in rsETH by deceiving the single validator relied upon by the Kelp cross-chain bridge, which operates on LayerZero. LayerZero blamed Kelp for using only a single validator, while Kelp stated that LayerZero employees had reviewed its setup and raised no objections. Kelp subsequently announced that it would migrate rsETH to Chainlink.The upgrade also adjusts the security mechanism that Chainlink had previously heavily promoted; its risk management network will no longer operate as an independent review node, with such independent checks now provided by optional validators. This means that users who have not added any validators currently rely on a single validation network, whereas previously they relied on two. Existing Chainlink users have been automatically migrated to the new version, but the company has not disclosed which institutions are using the new validators, only stating that Aave and Maple have begun adopting other features of the upgrade.

KelpDAO stated on platform X that it has filed a lawsuit against LayerZero and its co-founder Bryan Pellegrino, seeking accountability for the rsETH cross-chain bridge attack incident that occurred earlier this year. The lawsuit claims that LayerZero failed to adequately disclose its inherent technical weaknesses and risks; failed to prevent its security infrastructure from being compromised; and that LayerZero had previously reviewed and approved Kelp's deployment and configuration in writing.Officials stated that LayerZero has publicly attributed responsibility to itself in recent months. Since the occurrence of the attack, the team has taken action to ensure the safety of user assets, including migrating the rsETH cross-chain bridge to a more secure cross-chain standard.LayerZero co-founder and CEO Bryan Pellegrino tweeted that KelpDAO's related claims lack basis and that he will respond and defend in Vancouver.Previously, LayerZero released an incident report indicating that on April 18, 2026, the KelpDAO rsETH cross-chain bridge built on LayerZero was attacked, resulting in a loss of approximately 116,500 rsETH, valued at around $292 million.

Binance will support the merger of Stargate Finance (STG) into LayerZero (ZRO). Binance will stop STG spot trading pairs on October 6, 2026, at 11:00 and will suspend deposits and withdrawals of the old STG tokens at 11:30.All STG tokens will be exchanged for ZRO tokens at a ratio of 1 STG = 0.08634 ZRO. Users should manage their positions and assets before the relevant time.

LayerZero announced the launch of Akita, calling it the first production-ready, lattice-based polynomial commitment scheme for post-quantum security.LayerZero stated that this is the first major step to achieve quantum security for Zero and will be implemented on the first day of Jolt's launch, thanks to collaboration with a16z crypto.

LayerZero announced that the South Korean digital asset custody institution BDACS has adopted LayerZero Labs' OFT (Omnichain Fungible Token) standard for the Korean won-backed stablecoin KRW1, achieving native cross-chain interoperability.LayerZero stated that KRW1 thus becomes the first Korean won stablecoin that can be natively transferred across major DeFi ecosystems, with its supply able to flow seamlessly across networks without the need for wrapped tokens, avoiding liquidity fragmentation.

ARK Invest's Director of Digital Asset Research, Lorenzo Valente, posted on X that since the rise of L1, application chains, and Rollup-centric roadmaps, messaging and interoperability protocols have become critical infrastructure. As more assets go on-chain, the demand for universal interoperability will grow exponentially.Lorenzo Valente stated that the interoperability business of the cross-chain interoperability protocol LayerZero is likely to quickly grow to a nine-figure ARR, and mentioned that the team has more progress to share in the future.

The LayerZero research team, in collaboration with Oblivious Labs and researchers from Carnegie Mellon University, has published a paper proposing a new automated market maker mechanism called OTTER, aimed at enhancing resistance to Maximum Extractable Value (MEV).OTTER employs a batch clearing mechanism similar to VCG auctions, making it a dominant strategy for traders to report valuations and budgets truthfully, while weakening the ability of block builders to profit through transaction ordering, sandwich attacks, or injecting false bids.

According to The Information, blockchain infrastructure company LayerZero will launch the blockchain trading platform ATLAS in the fall of 2026, primarily targeting financial institutions, with no consumer-facing applications.ATLAS will be based on the Zero blockchain announced by LayerZero in February this year, initially supporting spot crypto assets and perpetual contracts, with plans to expand to prediction contracts, futures, and options in the future.Citadel Securities, DTCC, and the parent company of the New York Stock Exchange, ICE, are all partners of Zero. LayerZero stated that top global market makers will provide liquidity on the first day of ATLAS's launch.

According to The Block, Ethereum ecosystem core contributor Nethermind announced that after a "comprehensive review," it will exit the LayerZero decentralized validation network (DVN) business and migrate its cross-chain infrastructure to the Chainlink network. Nethermind stated that it has ceased operations of LayerZero's DVN and joined the Chainlink network as a node operator and strategic technology provider.In the future, Nethermind will provide engineering tools, infrastructure services, and integration support for blockchain application developers. It is reported that this shift occurred after the LayerZero ecosystem experienced a security incident. In April of this year, the rsETH cross-chain bridge of Kelp DAO was attacked, resulting in a loss of approximately 116,500 rsETH, valued at about $292 million at the time. Following this incident, several companies have begun to shift their cross-chain operations from LayerZero to Chainlink. However, Nethermind did not explicitly state whether this migration is directly related to the Kelp DAO incident, nor did it disclose any specific technical issues with LayerZero or changes in commercial terms between the two parties.

The Wyoming Stablecoin Committee has migrated its issued Frontier Stable Token (FRNT) from LayerZero to Chainlink's cross-chain interoperability protocol CCIP, and will completely discontinue the LayerZero token implementation after completing a comprehensive security review. CCIP will serve as the sole cross-chain infrastructure for FRNT under a multi-year contract. This is the first time a U.S. government entity has publicly changed blockchain infrastructure for security reasons, and FRNT is currently the only stablecoin issued by a U.S. public institution, fully backed by fiat reserves, with reserve earnings used to support the state's school foundation projects. The token has been deployed on chains such as Ethereum, Base, and Avalanche, with a current market cap of less than $1 million.This decision was announced four months after the Kelp DAO bridge based on LayerZero was attacked, resulting in the theft of approximately 116,500 rsETH (worth about $292 million at the time), an incident that triggered a wave of industry security reviews and migrations. To date, nearly $15 billion in related assets have migrated from LayerZero to Chainlink, with early movers including Kelp, Solv Protocol, Re, and Kraken. Subsequently, BitGo chose CCIP and completed a migration of approximately $7.7 billion in wrapped Bitcoin, bringing the total to the current level. According to a case study by LayerZero in January of this year, Wyoming had previously operated its own decentralized validation network and controlled validation and compliance functions.

LayerZero announced on platform X that it will gradually cease off-chain support for 20 low-activity blockchains, and the DVN and Executor services for the related networks will be taken offline successively.The official reminder states that users holding related Stargate assets must complete cross-chain migration before the deadline.

According to monitoring by Specter, an executor wallet of LayerZero is suspected to have been hacked, resulting in a total loss of approximately $2.1 million in assets across multiple blockchain networks.The attackers then transferred the stolen funds across chains to Ethereum via Stargate and Relay.

According to crypto KOL @amathxbt and others, Circle's public blockchain Arc may have been launched privately. The cross-chain protocols LayerZero and LI.FI have been deployed to the Arc network, but have not been publicly tested by the community.According to public information, Arc is a public Layer 1 blockchain, positioned as the "Economic Operating System of the Internet," providing shared and composable infrastructure to support economic contracts, stablecoins, tokenized assets, and global market operations. In May of this year, Circle officially released the ARC white paper, outlining the design framework for ARC as the native coordinating asset of the Arc blockchain network. The Arc public testnet is set to launch in October 2025. The mainnet is expected to go live in the summer of 2026.