Logo of Zest V1

Zest V1(ZEST)

Total Value Locked$2.82m

TVL by Chain

Stacks$2.82m

Key Metrics

Fees 30d$1,286
Fees 30d by chain

Stacks$1,286

Fees 7d$413

Stacks$413

Fees 24h$56

Stacks$56

Cumulative Fees$386,448

Stacks$386,448

Revenue 30d$1,218
Revenue 30d by chain

Stacks$1,218

Revenue 7d$392

Stacks$392

Revenue 24h$54

Stacks$54

Cumulative Revenue$61,711

Stacks$61,711

Holders Revenue 30d$0
Holders Revenue 30d by chain

Stacks$0

Holders Revenue 7d$0

Stacks$0

Holders Revenue 24h$0

Stacks$0

Cumulative Holders Revenue$0

Stacks$0

Active Loans$185,442

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

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Protocol Information

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

WebsiteX/Twitter
Category:Lending

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 from DefiLlama's price API (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 ($76.26m)Granite ($7m)Aave V3 ($17.371b)Morpho Blue ($11.232b)SparkLend ($5.248b)JustLend V1 ($3.768b)Maple ($2.824b)Compound V3 ($1.441b)Kamino Lend ($1.307b)Venus Core Pool ($1.272b)

Frequently asked questions

What is Zest V1's TVL?

Zest V1 currently has $2.82m in total value locked. TVL has increased 21% 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 $1,286 in fees. Of that, $1,218 was protocol revenue. Based on the trailing year, the annualized rate is $112,210 in fees and $34,303 in revenue.

How does Zest V1's TVL compare to similar protocols?

Among Lending protocols tracked by DefiLlama, Zest V1 ranks #100 by TVL. The category holds $52.859b across 519 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 $185,442 in active loans.