Based protocol to launch on LayerZero ATLAS in November 2026 for 24/7 global markets.
Tech & Launches ·
Based Protocol is slated to build on LayerZero ATLAS, with a launch target of November 2026 and aims to operate 24/7 global markets.
LayerZero functions as a cross-chain messaging layer that enables applications and assets to move across multiple blockchains through modular security controls and application-selected verifiers. Rather than relying on a single unified bridge architecture, the protocol allows developers to configure their own verification setup by choosing among Decentralized Verifier Networks and other validation mechanisms, granting fine-grained control over how data and tokens transit between chains.
The protocol has faced security scrutiny, most notably following the $292 million KelpDAO rsETH incident, which prompted over 15 protocols to pause LayerZero bridging operations and led some platforms including Kraken to migrate to alternative cross-chain infrastructure. Details on how Based Protocol will configure its security stack on ATLAS and what specific market operations it will support remain unconfirmed.