Ask about Zest V1
Logo of Zest V1Zest V1(ZEST)
Total Value Locked$1.6m

TVL by Chain

Stacks$1.6m

Key Metrics

Fees (Annualized)$192,578
Fees 30d$3,520

Stacks$3,520

Fees 7d$652

Stacks$652

Fees 24h$65

Stacks$65

Cumulative Fees$378,421

Stacks$378,421

Revenue (Annualized)$35,525
Revenue 30d$3,347

Stacks$3,347

Revenue 7d$620

Stacks$620

Revenue 24h$62

Stacks$62

Cumulative Revenue$54,095

Stacks$54,095

Holders Revenue (Annualized)$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

Active Loans$250,597

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

CategoryLending
WebsiteTwitter

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 GitHub

Competitors

Zest V2 ($69.67m)Granite ($12.49m)