On Friday, the LayerZero team announced via X that LayerZero now powers Hyperbidge, allowing users to move their assets from any chain directly into Hyperliquid. Hyperliquid is a blockchain that enables users to trade, build apps, and launch tokens on the same hyper-performant chain. The assets currently supported are USDT0, USDe, PLUME, COOK, USR, and RLP.
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 $2.977, down 2.6% in the last 24 hours.