zeph Zephyr Protocol
$ 0.5748
0.055598 BTC
559 satoshies
Market Cap
5,90 MLN. $
24 Hour Trading Vol
226,128.4584 $
Circulating Supply
10,28 MLN.
Total Supply
10,28 MLN.
Max Supply
-
Fully Diluted Valuation
4,57 MLN. $
Low
Range
High
Info
1h
24h
7d
1m
1y
max
0%
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0%
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Zephyr Protocol Price Statistics
0.5748 $
0.4348 $ / 0.6187 $
226,128.4584 $
#2269
5,90 MLN. $
52.31 $
-98.9%
23 November, 2023, (2 years ago)
0.3217 $
78.66%
24 March, 2025, (6 months ago)
Zephyr Protocol Top Markets
#
Exchange
Pair
Trust Score
Zephyr Protocol Performance
Trading Pair
day
week
month
zeph
/
usd
-3.03%
-1.57%
-9.66%
zeph
/
btc
-2.3%
-6.22%
-7.7%
zeph
/
eth
-3.51%
-9.6%
-11.72%
About Coin
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.
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. 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.
Spot and MA Price Deviation: The value returned for performed actions is calculated by the worst price between the Spot and MA. This value discrepancy is added to the reserve.
Block Reward: A portion of the block reward is added to the reserve directly which serves as a pseudo-staking reward mechanism
Where is Zephyr Protocol available for purchase?
You can exchange ZEPH tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Zephyr Protocol is MEXC, notably the ZEPH/USDT pair, which saw a trading volume of $ 201,009 in the past day. Additionally, XT.COM and Nonkyc.io are popular alternatives for trading tokens.
What is the highest value Zephyr Protocol (ZEPH) has ever reached?
Zephyr Protocol (ZEPH) reached its peak price at 52.31 $ on 23 November 2023, approximately 2 years ago ago. Presently, the current price is -98.9% lower than this all-time high.
What is the historical minimum price for Zephyr Protocol (ZEPH)?
The minimum price reached for Zephyr Protocol (ZEPH) was 0.3217 $, documented on 24 March 2025, more than 6 months ago. In comparison, the current price is 78.66%, it above this historical low.
What is the fully diluted valuation of Zephyr Protocol (ZEPH)?
The fully diluted valuation (FDV) of Zephyr Protocol (ZEPH) stands at $ 4,57 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of ZEPH tokens. The realization of this FDV might take several years depending on the emission schedule of ZEPH tokens.
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