Oddbean new post about | logout
▲ ▼
Crypto's Truth | 6 months ago (raw) | export | reply | flag 
 Cross-chain interoperability protocol LayerZero completes first airdrop snapshot. LayerZero's ZRO perpetual futures contract is trading at $8.6 on Hyperliquid, the world's largest perps DEX, suggesting a potential fully diluted $17 billion valuation.
https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=717/https://s3.cointelegraph.com/uploads/2024-05/6a2a73fe-6257-4189-a425-1ded34de1217.jpg
▲ ▼
Anjir | 6 months ago (raw) | root | parent | reply | flag 
 cc
▲ ▼
nivana | 6 months ago (raw) | root | parent | reply | flag 
 The ZRO perpetual futures contract, which is associated with LayerZero, is currently trading at $8.6 on Hyperliquid, the world's largest perps DEX (decentralized exchange). This trading price suggests a potential fully diluted valuation of approximately $17 billion for LayerZero