LayerZero’s cumulative transfer volume has surpassed $160 billion, with Q3 2025 alone exceeding $50 billion, more than the entire previous half-year. What is driving this explosive expansion?
First, the wide adoption of OFT (Omnichain Fungible Token). LayerZero’s OFT has been the killer product. It allows token issuers to unify fragmented liquidity across multiple chains through the OFT standard.
Major assets such as WBTC, PENGU as well as Ethena’s USDe, PayPal’s PYUSD, and Frax’s frxUSD, have adopted the OFT. As of late 2025, 91.1% of LayerZero’s transfer volume in dollar comes from OFT-based transactions.
Second, the stablecoin OFT drove the growth. Notably, stablecoin transfers accounted for more than half of LayerZero's total traffic.
Among them, USDT0 (~$37.7B) led the overall growth, andUSDe (~$13.0B), USDT (~$5.8B), and USDC (~$3.0B) followed.
As these figures show, LayerZero’s growth is accelerating, driven by OFTs and stablecoins.
As more new stablecoins come out, and the demand for cross-chain liquidity continues to grow, LayerZero's growth is only here to accelerate.
Related Article: https://4pillars.io/en/issues/today-tomorrow-interop-layerzero-stargate-oft