BlockchainCrypto
Crypto Is Rebuilding The Financial System — And Opportunities Abound
Publication: 1000x
Author: 1KX Media
Source published: 28/09/2026, 22:33:53 UTC
Briefing created: 28/09/2026, 22:49:29 UTC
Based on the episode description, not a full transcript. Source evidence retrieved 28/09/2026, 22:48:24 UTC.
Briefings
Avi Felman interviews Bryan Pellegrino, co-founder of LayerZero Labs, about LayerZero's evolution from a high-risk MEV bridge to a $300 billion protocol across 170 chains. The discussion covers LayerZero's victory in the standards war against Tether, PayPal, and Ondo, its technical capabilities of 2 million transactions per second, and the upcoming Atlas protocol with DTCC and major exchanges. The conversation also touches on LayerZero's frequent chain rollbacks and the significant fee structure where 75% of Atlas trading fees are burned into the ZERO token.
Key points
- LayerZero Labs has moved over $300 billion in lifetime assets across approximately 170 blockchain chains, with $150 billion in assets built on top and $10–15 billion moving monthly.
- The protocol won the standards war against major financial institutions like Tether, PayPal, and Ondo, while also facing challenges with frequent chain rollbacks every three to four months.
Context and limitations
This briefing covers LayerZero's growth, technical specifications, and partnerships with DTCC and major exchanges. It does not include details on specific transaction costs, the full scope of the 'fee switch' mechanics, or the complete history of LayerZero's development timeline beyond the provided timestamps.
Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 28/09/2026, 22:49:29 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.
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