Ask about Zenrock Bridge
Logo of Zenrock BridgeZenrock Bridge(ROCK)
Total Value Locked$0

TVL by Chain

Zcash$0

Bitcoin$0

Protocol Information

Zenrock is building the decentralized custody standard for the onchain economy, replacing centralized vaults with distributed multi-party computation (dMPC) that eliminates single points of failure. Through its Decentralized Custody Token (DCT) standard and purpose-built zrChain Layer 1, Zenrock creates secure, yield-bearing wrapped assets like zenBTC and zenZEC that are issued on Solana. By anchoring custody to simple wallet infrastructure secured by cryptography rather than trusted intermediaries, Zenrock transforms custody from crypto's most fragile layer into its strongest.

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Methodology

TVL: zrchain locks native assets through its decentralized MPC network. zenBTC, Zenrock's flagship product, is a yield-bearing wrapped Bitcoin issued on Solana and EVM chains. TVL represents the total Bitcoin locked in zrchain treasury addresses. All zenBTC is fully backed by native Bitcoin, with the price of zenBTC anticipated to increase as yield payments are made continuously.View code on GitHub

Competitors

WBTC ($6.781b)Coinbase Bridge ($5.352b)Binance Bitcoin ($4.053b)Function FBTC ($636.17m)Unit ($411.94m)SolvBTC ($382.48m)Kraken Bitcoin ($365.89m)Lorenzo enzoBTC ($363.22m)Merlins Seal ($354.43m)Nexus BTC ($214.25m)