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Based X @LayerZero_Core
Based is expanding and building on LayerZero ATLAS, a new engine for global markets built with deep, global liquidity for both open and institutional trading venues. ATLAS combines matching, clearing, settlement and risk in one unified stack, with 24/7 markets and instant settlement. It runs on LayerZero’s Zero blockchain, with initial capacity of more than 250,000 TPS and sub-millisecond median latency.
Based is the second largest wallet on Hyperliquid by volume. More than 45,000 active addresses transact through Based, and our platform has processed over $50 billion in volume on Hyperliquid to date.
Our mission is to give traders the best possible trading experience. Building on LayerZero ATLAS brings Based users competitive fees, high performance and access to global markets 24/7, and opens Based to high-volume traders and institutions.
Zero mainnet and LayerZero ATLAS are scheduled to go live on 30 November 2026. Trading powered by LayerZero ATLAS will be available in the Based mobile app and web terminal from launch.
We are excited to build alongside LayerZero and the institutions backing Zero, including Tether, Depository Trust & Clearing Corporation (DTCC), Citadel Securities and ARK Invest.
More details will follow ahead of launch.
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LayerZero’s Zero chain passes a regulated trading test
@tradeon21x, the first EU venue licensed to trade and settle tokenized securities on a blockchain, spent a month running its order book on a private version of Zero, LayerZero’s new chain. The pilot traded US stock tokens, with each order matched and settled onchain in a single transaction.
@LayerZero_Core ($ZRO) says the test reached 10,000 order matches per second, up to 45x faster than an unnamed layer 2 setup used as a baseline. 21X’s live exchange in Europe still runs on its existing systems, and it has not announced a move to Zero.
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We now have:
1. Deutsche Telekom running a LayerZero verifier on 59 networks
2. Google Cloud on 15
3. Fidelity on 13
4. Worldpay, which handles $3.7T a year, on 8
5. The State of Wyoming on 8
@LayerZero_Core
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A Pakistani boy once told the Muslim Women's Network that his community "shares" girls:
“My mate called me and said ‘Bro I have a surprise for you, come over to this house.’ When I got there 15 of them were sitting in the living room. My mate told me to go upstairs for my surprise.
"When I went into the bedroom, another friend was doing this girl. The lads went up one by one and took turns and while they were waiting they were calling their mates, cousins and uncles to come over and join in and showing off.
"Others turned up too including two older men who were taxi drivers, who went straight upstairs. One older man said I am going to call my son over so he can practice on her and later his 15-year-old son arrived in his uniform.
"Everyone took turns and it took 6 hours. I did get concerned and said, ‘the girl is going to get broke, who will marry her?” The girl is not paid but she gets looked after, she is given food and the boys make sure she gets home safely if it gets late.
"There are set days Mondays, Wednesdays and Fridays but some of my friends don’t like doing stuff like that on a Friday because it is Juma (holy day) and they go mosque.”
Pimping a girl out to your cousins and children is the norm in Pakistani communities in Britain.
You do not understand these people. We cannot share a country with them. They all have to go.
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Knock, Knock @LayerZero_Core $ZRO Will reach $2.50 to $3 before the 29th Nov. – at Milton Keynes, England
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Loon's CADC, which holds ~60% of Canadian dollar stablecoin supply, now moves between blockchains on LayerZero.
Every transfer must be confirmed by 3 of 5 verifiers, including Fidelity, Google Cloud and Deutsche Telekom MMS.
@LayerZero_Core
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We have @LayerZero_Core's @PrimordialAA joining us tomorrow to chat about money, markets and the tech shaping them.
📍 4pm UTC, right here on Twitter.
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Canton Network Is Quietly Becoming Wall Street’s Favorite Blockchain
@CantonNetwork has begun collecting institutional wins.
@The_DTCC launched the Tokenization Service on October 28, with Canton as the live network and 20 participating entities, including @JPMorgan, @Citadel Securities, and @Fidelity. @Visa has already joined the Super Validator club.
Meanwhile, Nasdaq-listed Canton Strategic Holdings (CNTN) plans to list tokenized shares of its own on the permissioned Canton network as early as November 2.
This date is a target and depends on meeting certain conditions.
@BlackRock has announced a 6% passive stake in the company, while @doppler_fi has joined the Canton Foundation and plans to create a vault for Canton Coin.
Canton's institutional offering is shifting from statements to action.
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If you wanted some $ZRO on sale, now’s the time. Everything is down due to the Binance hack.
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.@LoonFinance has selected LayerZero's OFT standard to power cross-chain interoperability for its Canadian dollar-backed stablecoin $CADC.
Migrating from a legacy solution, Loon collaborated with LayerZero to design a bespoke solution that satisfied the unique regulatory, compliance, security, and growth needs of $CADC.
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LayerZero Labs CEO Bryan Pellegrino is in New York readying Zero, built with DTCC, ICE and Citadel Securities, for its November 30 launch:
"T-30 starts soon."
DTCC custodies over $114 trillion in assets.
@LayerZero_Core @PrimordialAA
