LayerZero is Now Live on Swellchain

Twitter icon  •  Published 6 months ago on December 23, 2024  •  Hassan Maishera

On Friday, the LayerZero team announced via X that LayerZero has now launched on Swellchain.

LayerZero is Now Live on Swellchain

On Friday, the LayerZero team announced via X that LayerZero has now launched on Swellchain. Swellchain is a restaking chain launched on the Superchain network. 

With this latest development, some top crypto assets have already expanded to Swellchain using LayerZero's OFT Standard, including Ether.fi’s $weETH, Ethena Labs’ $USDe, Kelp’s $rsETH, and Swell Network’s $SWELL, $swBTC, $rswETH, and $swETH. Furthermore, holders can bridge these OFTs using Superbridge and Stargate Finance. 

LayerZero is an interoperability protocol designed to facilitate seamless communication between different blockchains. It aims to create a unified, interconnected blockchain ecosystem where assets and data can move freely across various networks. ZRO trades at $5.348, up 1% in the last 24 hours.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.