What is Zephyr Protocol (ZEPH)?
What is the project about? Zephyr Protocol is an Over-Collateralized Private Stablecoin Protocol inspired by Djed Protocol on a native Monero based chain, inheriting all privacy features for all assets. Zephyr Protocol uses a three asset model: ZEPH, ZephUSD and ZephRSV. What makes your project unique? First Native Chain implementation of the Djed Protocol. First private Over-Collateralized stablecoin protocol History of your project. Launched on 29/05/2023 - Grassroots community - no VC funding What’s next for your project? Public Testnet for Djed implementation is soon.
How does Zephyr Protocol work?
Q4 2023 mainent hardfork for Djed Implementation What can your token be used for? ZEPH is the Base coin which is used for the collateralization in the stablecoin protocol as well as minting ZephUSD and ZephRSV by adding the equivalent ZEPH value to the reserve. ZephUSD is a Private Stablecoin, backed by at least 400% equivalent value in ZEPH at time of minting. ZephRSV is the Reserve coin. Users are rewarded with ZephRSV when they add ZEPH to the reserve. ZephRSV coins act as shares of the reserves equity and the value of ZephRSV is formulaically calculated in protocol.
What is Zephyr Protocol used for?
Simplified, the value of ZephRSV is correlated to the reserve ratio, dropping when reserves are low and increasing when reserves are high. To avoid dilution for the ZephRSV holders, there is a maximum reserve ratio of 800% at which time no more ZephRSV can be minted. Reserve Provider Incentives Leveraged Position: as ZEPH's value increases the amount of ZEPH each ZephRSV is redeemable for increases. Collect Fees for Actions: When users mint or redeem ZephUSD, they incur a fee which is added to the reserve.
Where can you buy Zephyr Protocol?
Zephyr Protocol (ZEPH) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for ZEPH sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
You can open the Markets section above to see the live list of exchanges quoting ZEPH, sorted by 24-hour volume. Each row links to the venue's trade page so you can go directly from research to execution without copying the ticker around by hand.
What is the daily trading volume of Zephyr Protocol (ZEPH)?
The reported 24-hour trading volume of Zephyr Protocol is $113.97K. Volume is a live reading of how much ZEPH changed hands across all tracked exchanges in the past day and tends to rise during periods of price discovery and fall during consolidation.
For traders, the ratio between volume and market cap is often more informative than either number on its own: a high vol-to-mcap ratio indicates liquid, actively traded supply, while a low ratio suggests that most holders are sitting on the asset.
What is the highest and lowest price for Zephyr Protocol (ZEPH)?
Zephyr Protocol reached an all-time high of $52.31 on November 23, 2023, and an all-time low of $0.3011 on May 13, 2026. It is currently trading -99.42% from its peak and +0.37% from its bottom.
The distance from ATH is a useful gauge of recovery potential during a bear market and of stretched positioning during a bull market. Combined with the all-time-low figure it provides a quick statistical frame for thinking about where ZEPH sits in its long-run price range.
What is the market cap of Zephyr Protocol (ZEPH)?
Zephyr Protocol's market capitalization is currently $3.76M, and it is ranked #1909 by market cap on Cryptopricing. Market cap is calculated as the current price multiplied by the circulating supply (12.44 million ZEPH are actively circulating today).
Market cap is a common but imperfect measure. It reflects the theoretical value of every circulating token at the current market price, but it doesn't capture how thin the top of the order book might be - an important caveat for tokens with low floats or illiquid cap tables.
What is the fully diluted valuation of Zephyr Protocol (ZEPH)?
The fully diluted valuation (FDV) of Zephyr Protocol is $3.76M. FDV is a projection of what the market cap would be if every token that will ever exist - including those that have not yet been unlocked, mined or issued - were in circulation at the current price.
FDV is a useful second reading alongside market cap. A large gap between mcap and FDV signals that future token emissions could dilute current holders, while a small gap indicates that supply is already mostly out.
How does the price performance of Zephyr Protocol compare against its peers?
Over the past 24 hours, Zephyr Protocol has moved -2.60%. Over the past seven days, the change is -12.66%. Comparing these figures to the global crypto market cap change (shown in the ticker at the top of this page) tells you whether ZEPH is leading, lagging or tracking the broader market.
For deeper analysis, the categories strip on the home page groups coins by theme - Layer 1, Meme, DePIN, AI, RWA and so on - and lets you compare Zephyr Protocol against its closest peers. The category detail pages surface the underlying coins and their seven-day sparklines in a single view.
How to store Zephyr Protocol?
Like any crypto asset, the right way to store ZEPH depends on how often you plan to use it. Long-term holders typically self-custody using a hardware wallet such as Ledger or Trezor, which keeps private keys offline and immune to most remote attacks.
For active traders, a reputable custodial exchange wallet can be appropriate, especially one with clear proof-of-reserves attestations. Whatever approach you choose, the most important rule is to keep your recovery phrase offline, never share it, and never enter it into a web form or attached to a DM - no legitimate support agent will ever ask for it.
