Zora

Zora is a Layer 2 blockchain network built on top of Ethereum, designed to make creating, sharing, and trading digital media and NFTs faster and cheaper than transacting directly on the Ethereum base layer. It targets creators, collectors, and developers who want lower transaction costs and shorter confirmation times without leaving the Ethereum ecosystem. The ZORA token is the native asset of this network.

Zora is built on the OP Stack, the same open-source framework used by other Optimism-based Layer 2 networks, and it settles transaction data back to Ethereum for security. The network's fundamental on-chain activity is anchored around the Zora Bridge, which moves assets between Ethereum and the Zora network. The block time recorded for this chain is effectively near-instant at 0.0 minutes, reflecting the high-throughput design typical of this class of Layer 2.

The protocol generated 339 dollars in fees over the most recent 24-hour period, 13,971.70 dollars over the trailing 30 days, and 4,292,058.93 dollars over the trailing 12 months; the annualized figure derived from the trailing 30 days is 169,989.02 dollars. Of the fees collected over the trailing 30 days, the protocol retained 5,751.70 dollars as revenue, with supply-side participants receiving 8,220.00 dollars, and the take rate stood at approximately 41.17 percent. The gap between trailing-12-month fees and the annualized-from-30-day figure indicates that recent fee generation is running well below the pace seen earlier in the year. Market capitalization stands at 48,740,063 dollars against annualized fees of 169,989.02 dollars, placing the market-cap-to-fees ratio at roughly 267.5.