ZEST
$0.18

Zest Protocol (ZEST) Price

$0.18
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Zest Protocol (ZEST) Price Today

The live price of ZEST is 0.18 USD. In the past 24 hours, the trading volume of ZEST was 61,860,997.00 USD, up by 25.32%. The current price has decreased by -1.33% from its 7-day high of 0.19 USD, and increased by 186.76% from its 7-day low of 0.06 USD. With a circulating supply of 1,000,000,000.00 Zest Protocol, the market cap of ZEST is currently 23,075,221.00 USD, down by 0% in the last 24 hours. ZEST currently ranks #- by market capitalization among cryptocurrencies.

Zest Protocol (ZEST) Market Data

Market Cap
$25.7M
24h Volume
$61.8M
Circulating Supply
146M ZEST
Maximum Supply
1B ZEST
Fully Diluted Market Cap
$176.6M
Liquidity Indicator
239.79%

About Zest Protocol (ZEST)

How can I buy Zest Protocol (ZEST)?

You can buy Zest Protocol (ZEST) on supported CEXs, DEXs, or crypto wallets, although it is not yet listed on BingX. See our How to Buy Zest Protocol guide for details. Sign up with BingX to trade ZEST first when it goes live.

What Is Zest Protocol (ZEST) and How Does It Work?


Zest Protocol is an on-chain, decentralized lending platform built specifically for the Bitcoin (BTC) ecosystem. Operating on the Stacks Layer 2 blockchain and utilizing secure, automated smart contracts, it functions as a core hub for the emerging BTCFi (Bitcoin DeFi) landscape. Backed by prominent venture capital entities like Binance Labs and Draper Associates, Zest Protocol aims to transition traditionally opaque, centralized crypto credit markets into a fully transparent and permissionless environment.

The platform relies on two main user groups to facilitate its decentralized lending loop. Lenders (liquidity providers) deposit digital assets, primarily Bitcoin, Stacks (STX), and stablecoins, into specialized liquidity pools to earn yield generated from borrower interest. Conversely, borrowers can secure overcollateralized loans by locking up their crypto assets as collateral up to a designated loan-to-value (LTV) ratio, providing a safe mechanism to access liquidity without having to liquidate their long-term holdings.

To bridge the gap between Bitcoin's massive market cap and decentralized applications, Zest Protocol integrates advanced architecture like the sBTC peg mechanism and BitVM technology. Users can deposit native BTC via an on-chain transaction that mints sBTC, a 1:1 Bitcoin-backed token on Stacks, allowing them to plug directly into smart contracts. This infrastructure enables complex financial operations, automated liquidations, and yield-bearing opportunities to execute securely, all while ultimately settling directly on the base Bitcoin blockchain.

When Did Zest Protocol Launch?


Zest Protocol (ZEST) is a Bitcoin-native DeFi lending protocol that enables BTC holders to earn yield (in BTC) or borrow against their Bitcoin in a secure, on-chain manner. The team, with roots in early Stacks development and incubated at Trust Machines, founded by Muneeb Ali, Stacks co-creator, spun out the project around 2022–2023. They raised $3.5 million in a Seed round in May 2024 led by Draper Associates/Tim Draper, with Binance Labs, Flow Traders, Trust Machines, and others; total funding around $7–8 million. The ZEST token launched via TGE and listings around May 19, 2026.

Founders: Tycho Onnasch (Co-Founder), Fernando Foy (Co-Founder), and Emil E. (Co-Founder & CTO). The core team contributed to Stacks Nakamoto upgrade and sBTC development prior to focusing on Zest.

Zest Protocol Roadmap Highlights


- 2021–2024: Early contributions to Stacks ecosystem and protocol development.

- Q1 2024 / 2025: Stacks market launch, security audits, and Nakamoto upgrade support.

2025–2026: Stacks Market V2 launch (late Feb 2026), strong TVL growth, and token launch (May 2026).

- Ongoing / Coming soon: Native Bitcoin L1 support via Bitcoin Collateral Vaults, using BitVM/pre-signed txs, for self-custodial BTC lending.

What Is the ZEST Token Used for?


The ZEST token is the native utility, governance, and incentive asset of Zest Protocol, designed to power and decentralize its Bitcoin lending ecosystem. It serves three primary functions across the platform:

- Protocol Governance: ZEST holders can vote on critical protocol updates, including risk parameters, loan-to-value (LTV) ratios, fee distribution models, and which new assets can be listed as collateral.

- Liquidity Incentives: The token acts as an incentive mechanism, rewarded to liquidity providers and lenders who bootstrap the protocol's lending pools with BTC, STX, and stablecoins.

- Staking and Ecosystem Security: Users can stake ZEST to earn protocol rewards, alignment incentives, and further back the platform's risk management architecture as it scales into native Layer 1 Bitcoin Collateral Vaults.

To trade ZEST tokens on the BingX spot market, simply log into your account, deposit USDT or your preferred base cryptocurrency, and navigate to the Spot Trading terminal. From there, search for the ZEST/USDT trading pair, select either a Market or Limit order, enter your desired amount, and click Buy ZEST to instantly execute your trade.

What Is Zest Protocol Tokenomics?


Zest Protocol (ZEST) features a hard-capped maximum supply of 1,000,000,000 (1 billion) tokens, with an initial circulating supply of approximately 146,000,000 ZEST (14.6%) launched at its Token Generation Event on May 19, 2026.

ZEST Token Allocation


- Community27.83% (largest share): Primarily for airdrops, user incentives, points-based rewards (Season 1 snapshot May 13, 2026), and liquidity mining.

- Team25%: Core contributors, subject to vesting.

- Investors22.35%: Seed backers (e.g., Draper Associates, Binance Labs / YZi Labs, etc.).

Ecosystem Development24.82%: Protocol growth, partnerships, and treasury uses.

How to Earn on Zest Protocol


You can earn passive returns on Zest Protocol through three main on-chain mechanisms:

1. Supply Bitcoin to Earn Pools: Deposit native BTC (converted 1:1 to sBTC) or STX into the platform's decentralized lending pools. Your capital is lent out to overcollateralized borrowers, and you earn automated yield paid directly from their borrowing interest.

2. Liquidity Mining: By actively lending or borrowing assets on the platform, you participate in the protocol's bootstrapping program. This qualifies you for bonus rewards distributed in native ZEST tokens on top of your standard interest.

3. Staking ZEST Tokens: Lock your ZEST tokens into the platform’s governance portal. In exchange for participating in DAO votes and backing ecosystem security, you receive a share of protocol-generated fees and ecosystem alignment rewards.

 

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