Total Value Locked$2.29m
TVL by Chain
Stacks$2.29m
Key Metrics
Fees 30d$1,288
Fees 30d by chain
Stacks$1,288
Fees 7d$202
Stacks$202
Fees 24h$21
Stacks$21
Cumulative Fees$387,248
Stacks$387,248
Revenue 30d$1,224
Revenue 30d by chain
Stacks$1,224
Revenue 7d$191.91
Stacks$191.91
Revenue 24h$20
Stacks$20
Cumulative Revenue$62,473
Stacks$62,473
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$110,416
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 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 GitHubCompetitors
Zest V1 history
TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from Apr 2, 2024 to Nov 2, 2026.
All-time high TVL: $94.07m on Oct 7, 2025. All-time low TVL: $1.31m on Aug 19, 2026.
Daily TVL, Oct 4, 2026 to Nov 2, 2026
| Date | TVL |
|---|---|
| Oct 4, 2026 | $2.78m |
| Oct 5, 2026 | $2.82m |
| Oct 6, 2026 | $2.78m |
| Oct 7, 2026 | $2.79m |
| Oct 8, 2026 | $2.68m |
| Oct 9, 2026 | $2.69m |
| Oct 10, 2026 | $2.69m |
| Oct 11, 2026 | $2.71m |
| Oct 12, 2026 | $2.7m |
| Oct 13, 2026 | $2.71m |
| Oct 14, 2026 | $2.78m |
| Oct 15, 2026 | $2.73m |
| Oct 16, 2026 | $2.75m |
| Oct 17, 2026 | $2.61m |
| Oct 18, 2026 | $2.55m |
| Oct 19, 2026 | $2.53m |
| Oct 20, 2026 | $2.51m |
| Oct 21, 2026 | $2.53m |
| Oct 22, 2026 | $2.59m |
| Oct 23, 2026 | $2.4m |
| Oct 24, 2026 | $2.35m |
| Oct 25, 2026 | $2.34m |
| Oct 26, 2026 | $2.33m |
| Oct 27, 2026 | $2.33m |
| Oct 28, 2026 | $2.32m |
| Oct 29, 2026 | $2.3m |
| Oct 30, 2026 | $2.16m |
| Oct 31, 2026 | $2.22m |
| Nov 1, 2026 | $2.31m |
| Nov 2, 2026 | $2.34m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $62.99m |
| Jan 31, 2025 | $70.73m |
| Feb 28, 2025 | $63.22m |
| Mar 31, 2025 | $53.42m |
| Apr 30, 2025 | $61.12m |
| May 31, 2025 | $71.72m |
| Jun 30, 2025 | $67.96m |
| Jul 31, 2025 | $78.96m |
| Aug 31, 2025 | $76.98m |
| Sep 30, 2025 | $85.3m |
| Oct 31, 2025 | $80.69m |
| Nov 30, 2025 | $69.73m |
| Dec 31, 2025 | $73.19m |
| Jan 31, 2026 | $71.56m |
| Feb 28, 2026 | $20.83m |
| Mar 31, 2026 | $10.7m |
| Apr 30, 2026 | $2.87m |
| May 31, 2026 | $2.1m |
| Jun 30, 2026 | $1.48m |
| Jul 31, 2026 | $1.51m |
| Aug 31, 2026 | $1.61m |
| Sep 30, 2026 | $2.59m |
| Oct 31, 2026 | $2.22m |
| Nov 2, 2026 (latest) | $2.34m |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $62.99m |
| Dec 31, 2025 | $73.19m |
Fees, revenue and holders revenue by UTC calendar month, Dec 2024 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Dec 2024 | $20,529 | $2,057 | $0 |
| Jan 2025 | $22,826 | $2,281 | $0 |
| Feb 2025 | $12,134 | $1,212 | $0 |
| Mar 2025 | $11,099 | $1,108 | $0 |
| Apr 2025 | $10,051 | $1,004 | $0 |
| May 2025 | $12,879 | $1,286 | $0 |
| Jun 2025 | $18,349 | $1,834 | $0 |
| Jul 2025 | $20,048 | $2,007 | $0 |
| Aug 2025 | $24,941 | $2,492 | $0 |
| Sep 2025 | $22,306 | $2,231 | $0 |
| Oct 2025 | $19,811 | $1,980 | $0 |
| Nov 2025 | $15,852 | $1,586 | $0 |
| Dec 2025 | $12,371 | $1,235 | $0 |
| Jan 2026 | $13,946 | $1,397 | $0 |
| Feb 2026 | $15,320 | $2,286 | $0 |
| Mar 2026 | $19,121 | $9,029 | $0 |
| Apr 2026 | $11,414 | $5,775 | $0 |
| May 2026 | $3,457 | $3,286 | $0 |
| Jun 2026 | $3,121 | $2,962 | $0 |
| Jul 2026 | $2,400 | $2,280 | $0 |
| Aug 2026 | $1,774 | $1,686 | $0 |
| Sep 2026 | $1,158 | $1,096 | $0 |
| Oct 2026 | $1,321 | $1,254 | $0 |
| Nov 2026 (to date) | $21 | $20 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/zest-v1
Frequently asked questions
What is Zest V1's TVL?
As of Nov 2, 2026, Zest V1 has $2.29m in total value locked. TVL has decreased 16.4% 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 $1,288 in fees. Of that, $1,224 was protocol revenue. Based on the trailing year, the annualized rate is $100,737 in fees and $33,838 in revenue.
How does Zest V1's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Zest V1 ranks #99 by TVL. The category holds $50.403b across 518 protocols, and Zest V1 accounts for <0.1% of that total. Similar protocols include Zest V2, Granite, Aave V3, Morpho Blue, SparkLend, JustLend V1, Maple, Hyperliquid Earn, Compound V3, and Kamino Lend.
How much has been borrowed through Zest V1?
As of Nov 2, 2026, Zest V1 has $110,416 in active loans.