LayerZero
Research notes
The fee and revenue figures — particularly the 30-day fee growth of 60.19 percent — are worth monitoring over successive periods to see whether that rate of change is sustained, accelerating, or reversing. The dilution overhang of 183 percent, meaning that tokens not yet in circulation are nearly twice the current circulating supply of 353,313,326 out of a maximum of 1,000,000,000, is a structural figure that could shift the supply-versus-market-cap relationship materially as new tokens enter circulation. The mcap-to-TVL ratio of 0.057 and FDV-to-TVL ratio of 0.162 reflect how the market capitalisation and fully diluted valuation relate to the 7,165,514,666 USD in total value locked, and changes in TVL relative to those valuations can indicate shifts in protocol usage. The price relative to its 200-day moving average, currently at 0.856, and the fact that the price sits 84.49 percent below its all-time high recorded 629 days ago, provide context about where the current price stands within its own historical range.
Written by an AI language model from the figures listed below, on 27 Aug 2026 05:02 UTC.