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LayerZero sets Zero mainnet and lzATLAS launch for November 30

LayerZero announced that its Zero blockchain mainnet and lzATLAS settlement engine will go live on November 30, introducing a deflationary burn mechanism for ZRO as institutional players test the platform for cross-chain capital markets.

LayerZero logo featuring a stylized white numeral zero on a black background.
Image: @Cointelegraph

LayerZero has scheduled the official launch of its Zero mainnet and lzATLAS exchange engine for November 30, according to announcements highlighted across industry reports and social media. The rollout marks the debut of Zero, the project's dedicated blockchain, alongside lzATLAS as its first native application.[1][2][4][5]

lzATLAS will launch alongside Open ATLAS, integrating more than a dozen trading venues to secure initial liquidity. Operating as an exchange engine handling matching, clearing, settlement, and risk, the system offers fee rebates to trading venues. Following those rebates, 75% of remaining fees will be used in a spot-market buy-and-burn mechanism for ZRO, the network's native gas and staking asset.[2][3][5]

The platform is also being tested by institutional participants for cross-chain transfers targeting sovereign fixed-income and U.S. equity markets, which represent over $1 trillion in daily volume. According to commentator Maran, institutions testing the platform include Citadel, the DTCC, and ICE, with day-one trading venues including Bullish, GTE, Defined, and TrueNorth. DefiLlama metrics shared by Maran showed LayerZero holding $15.691 billion in total value locked and generating $279,136 in 30-day fees.[2][3][5]

Key facts

  • LayerZero will launch its Zero mainnet and lzATLAS exchange engine on November 30.
  • lzATLAS is the first application launching on Zero, debuting with Open ATLAS to support more than a dozen trading venues.
  • After trading venues receive rebates on lzATLAS, 75% of remaining fees will be directed to buying and burning ZRO tokens.
  • ZRO serves as the native gas and staking token for the Zero network.
  • Institutional parties are testing the platform for cross-chain execution across U.S. equities and sovereign fixed-income markets valued at more than $1 trillion daily.
  • Commentator Maran reported that Citadel, DTCC, and ICE are testing the network, and named GTE, Bullish, Defined, and TrueNorth as day-one venues.
  • DefiLlama data shared by Maran showed LayerZero with $15.691 billion in total value locked and $279,136 in 30-day fees.

Sources 路 5 sources

  1. CB

    Crypto BriefingArticle 路

    LayerZero sets November 30 launch for Zero mainnet and lzATLAS exchange engine LayerZero's launch could revolutionize blockchain transactions and trading efficiency, potentially reshaping financial markets and token dynamics. The post LayerZero sets November 30 launch for Zero mainnet and lzATLAS exchange engine appeared first on Crypto Briefing .

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  2. CB

    Crypto Banter@crypto_banterPost on X 路

    馃毃LAYERZERO SETS ZERO MAINNET AND LZATLAS FOR NOVEMBER 30! @LayerZero_Core says the countdown has begun, with Zero mainnet and lzATLAS going live on November 30. lzATLAS is the first application launching on Zero, starting with Open ATLAS that will support over a dozen trading venues at launch, with more to follow. Institutional parties are also testing it for large markets including U.S. equities and fixed income. On lzATLAS, trading venues receive rebates, after which 75% of the remaining fees are used to buy and burn ethereum:0x6985884c4392d348587b19cb9eaaf157f13271cd.

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  3. MA

    Maran@TheMaranPost on X 路

    how to make your first $10,000 on layerzero鈥檚 zero network zero mainnet will go live november 30 here's the day one projects & venues already locked in > trading venues on open atlas - @GTE_XYZ = ai powered decentralized trading platform (day 1 expected, $25.9m raised) - @Bullish = hybrid cex + dex (big volume, $1.41b raised) - @definedfi = spot + perps + prediction markets terminal ($2.5m raised) - @get_truenorth = ai agentic brokerage / portfolio manager ($3m raised) > core infra - lzATLAS = headless exchange engine (matching, clearing, settlement, risk), first app launching on zero - zro = native gas + staking token for the whole network still early. over a dozen venues expected at launch, institutional side (citadel, dtcc, ice) testing bigger markets. dyor before clicking anything please don鈥檛 comment on the first line, it鈥檚 there to grab attention

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  4. CO

    Cointelegraph@CointelegraphPost on X 路

    鈿★笍 NEW: LayerZero鈥檚 Zero mainnet and IzATLAS launch November 30, with Open ATLAS set to support more than a dozen trading venues. https://t.co/zxzgCc8gkg

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  5. BS

    BSCN@BSCNewsPost on X 路

    LayerZero Sets Zero Mainnet Date @LayerZero_Core sets November 30 as the date for launching both the mainnet of its own blockchain called Zero and the native settlement layer, lzATLAS. The first release will launch with Open ATLAS, which will integrate over a dozen decentralized exchange platforms to ensure liquidity. Institutions will use it to test cross-chain transfers of traditional capital-market processes involving US equities and sovereign fixed-income markets, valued at over $1T each day. The platform integrates a high-throughput execution infrastructure with a deflationary sink for the native token $ZRO, where 75% of fees are rebated via a spot-market buy-and-burn mechanism.

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