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Zama(ZAMA)

Total Value Locked$114.86m

TVL by Chain

Ethereum$114.86m

Key Metrics

Market Cap$193.61m

$ZAMA Price$0.076

All Time High$0.11

All Time Low$0.017

View $ZAMA token page

$864.27m

$ZAMA Volume 24h$5.88m

CEX Volume$5.18m

DEX Volume$732,917(12.47% of total)

Staked$191.34m(98.83% of mcap)

Total Raised$182.9m

Apr 1, 2020$1.1mRound: Pre-SeedInvestors: Anthony Bourbon, Lunar Ventures, Plug and Play

Jun 15, 2021$7.8mRound: SeedInvestors: Anthony Bourbon, Lunar Ventures, Metaplanet Holdings, Vsquared Ventures

Mar 7, 2024$73mRound: Series AInvestors: Multicoin Capital, Protocol Labs, Metaplanet, Blockchange Ventures, Vsquared Ventures, Stake Capital, Juan Benet, Anatoly Yakovenko, Gavin Wood

Jun 25, 2025$57mRound: Series BInvestors: Pantera Capital, Blockchange Ventures

Jan 26, 2026$44mRound: Public token sale

Protocol Information

Zama is an open source cryptography company building state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain

WebsiteGitHubX/Twitter
Category:Privacy

Latest from DefiLlama Research

Visit DefiLlama Research
A Look Into Confidential DeFiA Look Into Confidential DeFi29 Sep 2026Read report Dr. Rand HindiThe $120 trillion unlock: Why programmable compliance is the final frontier for onchain institutional capital14 Apr 2026Read report Spotlight: T-REX Network and Zama launch institutional-grade confidentiality infrastructure for Real-World Asset tokenizationT-REX Network and Zama launch institutional-grade confidentiality infrastructure for Real-World Asset tokenization25 Mar 2026Read report

Methodology

TVL: TVL: total public ERC-20 reserves backing confidential wrappers from the on-chain registry, matching aggregate TVS (excluding ZAMA). Staking: ZAMA held in the cZAMA wrapper, plus the KMS and Coprocessor ProtocolStaking pool contracts.View code on GitHub

Competitors

Tornado Cash ($717.65m)Railgun ($113.66m)Privacy Pools ($9.35m)Privacy Cash ($1.92m)The Interfold ($311,442)0x0.ai ($261,447)Hinkal ($140,320)Nullmask ($110,169)zERC20 ($96,272)Nocturne ($80,552)

Frequently Asked Questions

What is Zama's TVL?

Zama currently has $114.86m in total value locked. TVL has increased 101.9% over the past 30 days.

What chains does Zama operate on?

Zama operates on Ethereum. Ethereum holds the largest share at 100%.

What is the ZAMA token price and valuation?

ZAMA is currently trading at $0.076. Its circulating market capitalization is $193.61m, ranking it #278. Its fully diluted valuation is $864.27m. Supply currently stands at 2.535b circulating, 11.316b total supply.

How has ZAMA performed recently?

ZAMA is down 11.3% over the past 7 days and up 64.2% over the past 30 days. Its all-time high is $0.11, reached on Sep 23, 2026. The token is currently 28.9% below that level.

How does Zama's TVL compare to similar protocols?

Among Privacy protocols tracked by DefiLlama, Zama ranks #2 by TVL. The category holds $960.78m across 47 protocols, and Zama accounts for 12% of that total. Other leading protocols include Tornado Cash, Railgun, Privacy Pools, Privacy Cash, The Interfold, 0x0.ai, Hinkal, Nullmask, zERC20, and Nocturne.