Ask about Zest
Logo of ZestZest(ZEST)
Total Value Locked$66.87m

TVL by Chain

Stacks$66.87m

Key Metrics

Fees (Annualized)$204,800
Fees 30d$13,181

Stacks$13,181

Fees 7d$3,343

Stacks$3,343

Fees 24h$410

Stacks$410

Cumulative Fees$410,400

Stacks$410,400

Revenue (Annualized)$47,242
Revenue 30d$6,683

Stacks$6,683

Revenue 7d$1,750

Stacks$1,750

Revenue 24h$161

Stacks$161

Cumulative Revenue$67,788

Stacks$67,788

Holders Revenue (30d Run Rate)$0
Holders Revenue 30d$0

Stacks$0

Holders Revenue 7d$0

Stacks$0

Holders Revenue 24h$0

Stacks$0

Cumulative Holders Revenue$0

Stacks$0

Market Cap$33.12m

$ZEST Price$0.23

All Time High$0.35

All Time Low$0.066

View $ZEST token page

Fully Diluted Valuation$226.85m

$ZEST Volume 24h$5.25m

CEX Volume$3.51m

DEX Volume$1.67m(31.78% of total)

Active Loans$6.95m

Total Raised$3.5m

May 13, 2024$3.5mRound: SeedInvestors: Draper Associates, Binance Labs, Flow Traders, Trust Machines, Asymmetric, Gravity Fund, Bitcoin Frontier Fund, DeSpread, Hyperithm, Miton, Tyke Block Ventures, Primal, Scimitar Capital, Elixir Capital, Gossamer Capital, Optio, Jigeum Capital

Protocol Information

Zest Protocol is an open-source, on-chain lending platform built for Bitcoin, allowing users to earn or borrow against their BTC

Category:Lending

WebsiteTwitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Fees:

Zest V1 - Gross borrower interest paid across all Zest V1 reserves, derived by inverting the per-reserve reserve-factor against the protocol's accrued-to-treasury delta (gross = protocol_share * 1e8 / reserve_factor). Prices sourced on-chain via Pyth (STX, BTC, USDC), DIA oracle (USDh), and Stacking DAO stSTX ratio contract.View code on GitHubZest V2 - Gross borrower interest paid across all Zest V2 vaults, derived by inverting each vault's reserve-factor (bps) against the protocol's share landing in dao-treasury: gross = protocol_share * 10000 / reserve_factor_bps. Prices sourced on-chain via Pyth (STX, BTC, USDC), DIA oracle (USDh), and Stacking DAO stSTX ratio.View code on GitHub

Revenue:

Zest V1 - Protocol's share of borrower interest, computed directly as the daily change in the accrued-to-treasury accumulator per reserve.View code on GitHubZest V2 - Protocol's share of borrower interest: ztoken mints to dao-treasury (reserve accruals) plus FT and STX transfers to dao-treasury from vault contracts (realized fees). ztoken amounts converted to underlying via vault convert-to-assets.View code on GitHub
Holders Revenue: View code on GitHub

Yields

Pools Tracked6

Average APY0.3%