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Zama(ZAMA)

Total Value Locked$110.64m

TVL by Chain

Ethereum$110.64m

Key Metrics

Market Cap$187.35m

$ZAMA Price$0.074

All Time High$0.11

All Time Low$0.017

View $ZAMA token page

$835.73m

$ZAMA Volume 24h$11.12m

CEX Volume$10.19m

DEX Volume$2.09m(18.78% of total)

Staked$183.22m(97.8% of mcap)

Total Raised$182.9m

Apr 1, 2020$1.1mRound: Pre-SeedInvestors: Anthony Bourbon, Lunar Ventures, Plug and Play

Jun 15, 2021$7.8mRound: SeedInvestors: Anthony Bourbon, Lunar Ventures, Metaplanet Holdings, Vsquared Ventures

Mar 7, 2024$73mRound: Series AInvestors: Multicoin Capital, Protocol Labs, Metaplanet, Blockchange Ventures, Vsquared Ventures, Stake Capital, Juan Benet, Anatoly Yakovenko, Gavin Wood

Jun 25, 2025$57mRound: Series BInvestors: Pantera Capital, Blockchange Ventures

Jan 26, 2026$44mRound: Public token sale

Protocol Information

Zama is an open source cryptography company building state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain

WebsiteGitHubX/Twitter
Category:Privacy

Latest from DefiLlama Research

Visit DefiLlama Research
A Look Into Confidential DeFiA Look Into Confidential DeFi29 Sep 2026Read report Dr. Rand HindiThe $120 trillion unlock: Why programmable compliance is the final frontier for onchain institutional capital14 Apr 2026Read report Spotlight: T-REX Network and Zama launch institutional-grade confidentiality infrastructure for Real-World Asset tokenizationT-REX Network and Zama launch institutional-grade confidentiality infrastructure for Real-World Asset tokenization25 Mar 2026Read report

Methodology

TVL: TVL: total public ERC-20 reserves backing confidential wrappers from the on-chain registry, matching aggregate TVS (excluding ZAMA). Staking: ZAMA held in the cZAMA wrapper, plus the KMS and Coprocessor ProtocolStaking pool contracts.View code on GitHub

Competitors

Tornado Cash ($710.76m)Railgun ($112.6m)Privacy Pools ($9.3m)Privacy Cash ($2.15m)The Interfold ($308,946)0x0.ai ($260,061)Nullmask ($108,515)zERC20 ($93,029)Nocturne ($80,206)Hinkal ($59,099)

Frequently Asked Questions

What is Zama's TVL?

Zama currently has $110.64m in total value locked. TVL has increased 86.4% over the past 30 days.

What chains does Zama operate on?

Zama operates on Ethereum. Ethereum holds the largest share at 100%.

What is the ZAMA token price and valuation?

ZAMA is currently trading at $0.074. Its circulating market capitalization is $187.35m, ranking it #283. Its fully diluted valuation is $835.73m. Supply currently stands at 2.537b circulating, 11.316b total supply.

How has ZAMA performed recently?

ZAMA is down 5.1% over the past 7 days and up 45.5% over the past 30 days. Its all-time high is $0.11, reached on Sep 23, 2026. The token is currently 31.2% below that level.

How does Zama's TVL compare to similar protocols?

Among Privacy protocols tracked by DefiLlama, Zama ranks #3 by TVL. The category holds $948.67m across 46 protocols, and Zama accounts for 11.7% of that total. Other leading protocols include Tornado Cash, Railgun, Privacy Pools, Privacy Cash, The Interfold, 0x0.ai, Nullmask, zERC20, Nocturne, and Hinkal.