Key Metrics
Fees (Annualized)$143,222.8
Fees 30d$1,467.84
Stacks$1,467.84
Fees 7d$54
Stacks$54
Cumulative Fees$384,442.84
Stacks$384,442.84
Revenue (Annualized)$36,002.28
Revenue 30d$1,395.14
Stacks$1,395.14
Revenue 7d$51
Stacks$51
Cumulative Revenue$59,813.1
Stacks$59,813.1
Holders Revenue (30d Run Rate)$0
Holders Revenue 30d$0
Stacks$0
Holders Revenue 7d$0
Stacks$0
Cumulative Holders Revenue$0
Stacks$0
Active Loans$90,450.22
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
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: 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 GitHubRevenue: Protocol's share of borrower interest, computed directly as the daily change in the accrued-to-treasury accumulator per reserve.View code on GitHubHolders Revenue: View code on GitHubCompetitors
Frequently Asked Questions
What is Zest V1's TVL?
Zest V1 currently has $1.63m in total value locked. TVL has increased 10.9% over the past 30 days.
What chains does Zest V1 operate on?
Zest V1 operates on Stacks. Stacks holds the largest share at 100%.
How much has Zest V1 generated in fees and revenue?
Over the past 30 days, Zest V1 generated $1,467.84 in fees. Of that, $1,395.14 was protocol revenue. Based on the trailing year, the annualized rate is $143,222.8 in fees and $36,002.28 in revenue.
How does Zest V1's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Zest V1 ranks #112 by TVL. The category holds $49.653b across 515 protocols, and Zest V1 accounts for <0.1% of that total. Other leading protocols include Zest V2, Granite, Aave V3, Morpho Blue, SparkLend, JustLend V1, Maple, Compound V3, Kamino Lend, and Venus Core Pool.
How much has been borrowed through Zest V1?
Zest V1 currently has $90,450.22 in active loans.
