On Thursday, the LayerZero team announced via X that Bungee has integrated LayerZero’s OFT standard. With the OFT standard, Bungee, a liquidity marketplace built on the Socket Protocol, now powers gasless swaps and zero-slippage movement for 340 assets across 130+ chains.
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 $1.914, down 1% in the last 24 hours.