Ask about Zama · freeTotal Value Locked$135.89m
TVL by Chain
Ethereum$135.89m
The chart plots Staking as its own series; it is not part of the TVL above.
Key Metrics
Market Cap$196.17m
$ZAMA Price$0.077
Fully Diluted Valuation$870.87m
$ZAMA Volume 24h$113.14m
CEX Volume$112.3m
DEX Volume$1.12m(0.99% of total)
Staked$192.57m(98.17% 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
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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 GitHubCompetitors
Zama history
TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from May 4, 2026 to Oct 28, 2026.
All-time high TVL: $137.06m on Oct 26, 2026. All-time low TVL: $18.33m on Jun 19, 2026.
Daily TVL, Sep 29, 2026 to Oct 28, 2026
| Date | TVL |
|---|---|
| Sep 29, 2026 | $88.48m |
| Sep 30, 2026 | $89.43m |
| Oct 1, 2026 | $91.17m |
| Oct 2, 2026 | $92.94m |
| Oct 3, 2026 | $95.39m |
| Oct 4, 2026 | $98.98m |
| Oct 5, 2026 | $101.18m |
| Oct 6, 2026 | $104.73m |
| Oct 7, 2026 | $105.95m |
| Oct 8, 2026 | $108.56m |
| Oct 9, 2026 | $108.37m |
| Oct 10, 2026 | $113.94m |
| Oct 11, 2026 | $114.98m |
| Oct 12, 2026 | $115.29m |
| Oct 13, 2026 | $115.65m |
| Oct 14, 2026 | $121.65m |
| Oct 15, 2026 | $122.15m |
| Oct 16, 2026 | $126.94m |
| Oct 17, 2026 | $132.61m |
| Oct 18, 2026 | $131.07m |
| Oct 19, 2026 | $132.32m |
| Oct 20, 2026 | $131.32m |
| Oct 21, 2026 | $131.56m |
| Oct 22, 2026 | $131.17m |
| Oct 23, 2026 | $127.31m |
| Oct 24, 2026 | $131.88m |
| Oct 25, 2026 | $136.93m |
| Oct 26, 2026 | $137.06m |
| Oct 27, 2026 | $136.37m |
| Oct 28, 2026 | $135.99m |
TVL at each month end, May 2026 to Oct 2026
| Date | TVL |
|---|---|
| May 31, 2026 | $31.37m |
| Jun 30, 2026 | $32.02m |
| Jul 31, 2026 | $46.84m |
| Aug 31, 2026 | $59.48m |
| Sep 30, 2026 | $89.43m |
| Oct 28, 2026 (latest) | $135.99m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/zama
Frequently asked questions
What is Zama's TVL?
As of Oct 28, 2026, Zama has $135.89m in total value locked. TVL has increased 60.3% 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 $0.077. Its circulating market capitalization is $196.17m, ranking it #261. Its fully diluted valuation is $870.87m. Supply currently stands at 2.554b circulating, 11.337b total supply.
How has ZAMA performed recently?
ZAMA is up 3.1% over the past 7 days and down 6.1% over the past 30 days. Its all-time high is $0.11, reached on Sep 23, 2026. The token is currently 28.5% below that level.
How does Zama's TVL compare to similar protocols?
Among Privacy protocols tracked by DefiLlama, Zama ranks #2 by TVL. The category holds $1.08b across 52 protocols, and Zama accounts for 12.6% of that total. Similar protocols include Tornado Cash, Railgun, Privacy Pools, Privacy Cash, The Interfold, 0x0.ai, Nullmask, Tacit, Nocturne, and zERC20.