Ask about Zest
Logo of ZestZest(ZEST)
Total Value Locked$64.4m

TVL by Chain

Stacks$64.4m

Key Metrics

Fees (Annualized)$201,270
Fees 30d$13,697

Stacks$13,697

Fees 7d$3,066

Stacks$3,066

Fees 24h$267

Stacks$267

Cumulative Fees$418,073

Stacks$418,073

Revenue (Annualized)$50,061
Revenue 30d$7,016

Stacks$7,016

Revenue 7d$1,581

Stacks$1,581

Revenue 24h$145

Stacks$145

Cumulative Revenue$71,729

Stacks$71,729

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$36.28m

$ZEST Price$0.25

All Time High$0.35

All Time Low$0.066

View $ZEST token page

$248.48m

$ZEST Volume 24h$3.73m

CEX Volume$1.14m

DEX Volume$2.75m(73.59% of total)

Active Loans$6.81m

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 Supply APY0.29%

Competitors

Zest V2 ($62.87m)Granite ($7.43m)Zest V1 ($1.53m)

Frequently Asked Questions

What is Zest?

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

What is Zest's TVL?

Zest currently has $64.4m in total value locked. TVL has increased 3.1% over the past 30 days.

What chains does Zest operate on?

Zest operates on Stacks. Stacks holds the largest share at 100%.

How much has Zest generated in fees and revenue?

Over the past 30 days, Zest generated $13,697 in fees. Of that, $7,016 was protocol revenue. Based on the trailing year, the annualized rate is $201,270 in fees and $50,061 in revenue.

What is the ZEST token price and valuation?

ZEST is currently trading at $0.25. Its circulating market capitalization is $36.28m, ranking it #705. Its fully diluted valuation is $248.48m. Supply currently stands at 146m circulating, 1b total supply, 1b maximum supply.

How has ZEST performed recently?

ZEST is up 11.6% over the past 7 days and up 0.6% over the past 30 days. Its all-time high is $0.35, reached on Jun 9, 2026. The token is currently 28.2% below that level.

How does Zest's TVL compare to similar protocols?

Among Lending protocols tracked by DefiLlama, Zest ranks #28 by TVL. The category holds $40.312b across 464 protocols, and Zest accounts for 0.2% of that total. Other leading protocols include Aave, Morpho, and Spark.

How much has been borrowed through Zest?

Zest currently has $6.81m in active loans.