LayerZero - About the company
LayerZero is a deadpooled company, founded in 2023. It operates as an Omnichain interoperability protocol for cross-chain applications. The company has 36 active competitors, including 10 that are funded. Its top competitors include companies like LayerZero Labs Canada Inc, Axelar and Wormhole.
Company Details
Omnichain interoperability protocol for cross-chain applications. It offers a protocol that enables cross-chain applications to communicate. It enables developers to develop omnichain applications, tokens, and experiences. The protocol allows developers to control and communicate across different blockchains.
Key Metrics
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LayerZero's funding and investors
LayerZero has not raised any funding rounds yet.
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LayerZero's Competitors and alternates
Top competitors of LayerZero include LayerZero Labs Canada Inc, Axelar and Wormhole. Here is the list of Top 10 competitors of LayerZero, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | LayerZero Labs Canada Inc 2021, Vancouver (Canada), Series B | Omnichain interoperability protocol that unites decentralized applications | $318M | 69/100 | |
2nd | Online platform for cross-chain communication for web3 | $93.7M | 69/100 | ||
3rd | Wormhole 2020, George Town (Cayman Islands), Series D | Generic message-passing protocol that allows interoperability between blockchains | $225M | 65/100 | |
4th | Element 2016, London (United Kingdom), Series B | Decentralized team messaging app for enterprises | $48.1M | 57/100 | |
5th | Multichain 2020, Singapore (Singapore), Seed | Protocol system for the multi-chain ecosystem | $60M | 49/100 | |
6th | Sending.Network 2022, New York City (United States), Seed | Online platform offering messaging protocol solutions | $20M | 46/100 | |
7th | Zero Tech 2021, San Francisco (United States), Unfunded | Decentralized cryptocurrency messenger platform | - | - | 40/100 |
8th | ![]() Whisper 2020, South Korea, Unfunded | Blockchain-based messenger platform for wallets | - | - | 40/100 |
9th | Glacis Labs 2024, New York City (United States), Seed | A router and firewall for cross-chain messages | $2M | 37/100 | |
10th | Zeusnet 2022, Unfunded | Blockchain-based communication management protocol | - | - | 35/100 |
40th | LayerZero 2023, Deadpooled | Omnichain interoperability protocol for cross-chain applications | - | - | 15/100 |
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LayerZero's Investments and acquisitions
LayerZero has made no investments or acquisitions yet.
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