I reviewed the latest LayerZero ecosystem metrics to understand actual cross-chain usage. Below is what I observed from the aggregated data.
Network-Level Metrics• Total Messages: 159,019,675
• Messages (Last 30 Days): 713,434
• Messages (24H): 22,729
• Active Chains: 168
• Total Value Transferred: $225,407,021,293
• Value Transferred (30D): $14,025,246,107
• Total Applications: 701+
• Total OFTs: 733+
From my perspective, $225B in cumulative cross-chain value is not experimental usage, it reflects sustained liquidity routing activity.
Top Applications by Message VolumeAfter ranking applications by total messages:
1. Stargate – 57,662,480
2. Merkly – 26,078,054
3. Angle – 8,776,389
4. CoreDAO – 5,462,680
5. Aptos Bridge – 5,265,338
6. Polyhedra Network – 5,047,740
7. DeFi Kingdoms – 4,993,364
8. Testnet Bridge – 4,464,932
9. L2Pass – 4,067,567
10. BTC.b – 3,572,090
Stargate alone accounts for a significant share of total message traffic. Merkly follows at less than half of Stargate’s volume.
This suggests liquidity routing remains the primary driver of omnichain messaging.
OFT Ecosystem• 733+ OFTs
• $166.9B total OFT value transferred
• 43,879,190 transfers
• $35B total market cap
• $40B fully diluted value
In my view, the OFT standard is actively moving stablecoins and wrapped assets at scale.
Top OFTs by Value Transferred• STG – $4.26B
• USDC.e – $3.78B
• USDT (CoreDAO) – $3.64B
• WETH – $3.34B
• USDC (Aptos Bridge) – $1.77B
• EURA – $875M
• USDC (CoreDAO) – $896M
• BTC.b – $742M
• MIM – $557M
Stablecoins dominate cross-chain value flow. USDT and USDC variants appear repeatedly, confirming liquidity mobility, not speculative tokens, is driving usage.
Chain Distribution InsightsSTG highest flows:
• Avalanche – $813M
• BNB Chain – $797M
• Arbitrum – $688M
• Optimism – $517M
• Fantom – $379M
EURA distribution:
• Gnosis – $279M
• Celo – $253M
• Polygon – $71.7M
• Arbitrum – $70.8M
BTC.b:
• Avalanche – $285M (~1.5M transfers)
This shows liquidity is distributed across multiple ecosystems rather than concentrated on a single L2.
Aptos Bridge• USDC – $1.77B
• USDT – $1.24B
• WETH – $601M
• $879M USDC routed directly to Aptos
This indicates omnichain liquidity is expanding beyond traditional EVM networks.
Testnet Activity• GoerliETH – 2.49M+ transfers
• SepoliaETH – 1.89M+ transfers
This suggests developers are actively testing and integrating across chains, not just deploying to production.
My Overall Take• 159M+ total messages
• $225B+ cumulative value transferred
• 700+ applications
• 733+ OFTs
• 168 active chains
Based on the data from
https://cryip.co/layerzero-cross-chain-ecosystem, LayerZero appears to function as a liquidity and messaging backbone rather than just a bridge.