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Crypto pair

VS

PENGU vs ZRO: Side-by-Side

Crypto vs Crypto up to 5x Funding every 1h 0.07% per side 86 markets

Comparing Pudgy Penguins with LayerZero comes down to volatility, market structure and what each instrument actually tracks.

On this page Returns Risk and funding Side by side Verdict FAQ

Pudgy PenguinsPENGU-PERP · Canton

LayerZeroZRO-PERP · Canton

VS

Price

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24h

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YTD return ——

30D volatility ——

Max leverage 5x5x

Both legs on Canborsa Sign up›

PENGU-PERP vs ZRO-PERP

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Pudgy Penguins–LayerZero Price ratio

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90d

Correlation

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ZRO vs PENGU

Volatility ratio · 90d

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ZRO

1Y return spread

Returns by window · winner marked

Who returned more, window by window

Window

PENGU

ZRO

Spread

1W

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1M

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3M

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1Y

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Performance · indexed overlay

PENGU vs ZRO, indexed to 100

PENGU·ZRO

Risk · volatility and correlation

Volatility and correlation

Realized volatility (annualized)

PENGUZRO

30D · PENGU

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30D · ZRO

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90D · PENGU

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90D · ZRO

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Wider bar = more volatile. Values load with the live window.

Correlation · window

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−1−0.50+0.5+1

Daily returns on the measured window. +1 lockstep, 0 unrelated, −1 mirrors. Not a forecast.

Funding · APR on each leg

Funding on each side

PENGU-PERP Live 1h

FUNDING · $1,000 · 30 DAYS

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FUNDING · $1,000 · 1 HOUR

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ROUND-TRIP FEE · $1,000$1.40 0.14%

Funding on $1,000

1 DAY

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7 DAYS

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30 DAYS

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90 DAYS

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ZRO-PERP Live 1h

FUNDING · $1,000 · 30 DAYS

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FUNDING · $1,000 · 1 HOUR

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ROUND-TRIP FEE · $1,000$1.40 0.14%

Funding on $1,000

1 DAY

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7 DAYS

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30 DAYS

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90 DAYS

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Head-to-head · spec by spec

Pudgy Penguins vs LayerZero — the numbers side by side

Spec

Pudgy PenguinsPENGU-PERP · Canton

LayerZeroZRO-PERP · Canton

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Asset class

Crypto

Crypto

Max leverage on Canborsa

5x

5x

Funding interval

1h

1h

Also trades on

15 platforms

16 platforms

Trading fees

 0.07% / side · 0.14% round-trip 

 0.07% / side · 0.14% round-trip 

Funding · APR

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Verdict

Both legs are crypto perpetuals on Canborsa, settled in USDC.

PENGU is live at up to 5x ; ZRO is live at up to 5x . Trading fees are 0.07% per side ( 0.14% round-trip).

Both legs have their own market pages: Pudgy Penguins (PENGU) market hub ›LayerZero (ZRO) market hub ›

Frequently asked questions

How much does it cost to trade Pudgy Penguins or LayerZero on Canborsa?›

Canborsa charges 0.07% per side (0.14% round trip) on every perpetual market, including Pudgy Penguins and LayerZero.

What is Pudgy Penguins' ticker compared to LayerZero's?›

Pudgy Penguins trades under the ticker PENGU and LayerZero under ZRO.

What sectors do Pudgy Penguins and LayerZero belong to?›

Pudgy Penguins falls under BNB Chain Ecosystem, and LayerZero falls under Smart Contract Platform.

Do Pudgy Penguins and LayerZero trade in the same market category?›

Pudgy Penguins and LayerZero are both crypto assets on Canborsa.

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Crypto pair · Perpetual · —

Trade PENGU and ZRO on Canborsa

More markets · one venue · crypto-native

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0.07% per side

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