LayerZero Executes $95M ZRO Token Buyback

September 22, 2025 – In a move underscoring its long-term commitment to sustainability, the LayerZero ZRO token buyback has emerged as one of the largest protocol-led repurchases of the year. The LayerZero Foundation confirmed it has bought back 50 million ZRO tokens equivalent to 5% of the total 1 billion supply from early investors. Valued at roughly $95 million at market prices of $1.90 per ZRO, the buyback helps counter recent selling pressure following token unlocks and adds to over $150 million in cumulative repurchases this year.

LayerZero’s Buyback Strategy and Unlocks

Launched in June 2024 with a $3B fully diluted valuation, LayerZero has built a reputation as the leading omnichain interoperability protocol connecting 50+ blockchains. Its ZRO token was partially distributed via an 8.5% airdrop to foster community engagement, while backers like a16z Crypto remain heavily involved. The foundation’s buyback comes shortly after a 25.71M ZRO unlock (worth $49M), which had temporarily pressured prices down 2.6%.

By purchasing 50M tokens back into treasury, LayerZero both absorbs supply and signals strong confidence in its future. The move follows an earlier $55M buyback tied to a16z in April, bringing total repurchases this year to $150M, one of the highest among altcoin projects. The concerns are still hanging around its unlocks with just 25% circulation.