Ask about zERC20 · freeTotal Value Locked$68,133
TVL by Chain
Ethereum$21,977
Base$21,258
Arbitrum$14,128
Polygon$7,667
BSC$2,993
Kaia$109.97
Key Metrics
Fees 30d$94.61
Fees 30d by chain
Arbitrum$59
BSC$17.16
Base$10.16
Ethereum$8.27
Polygon$0.02
Kaia$0
Fees 7d$25.49
BSC$10.23
Ethereum$8.27
Base$6.99
Arbitrum$0
Kaia$0
Polygon$0
Fees 24h$0
Arbitrum$0
Base$0
BSC$0
Ethereum$0
Kaia$0
Polygon$0
Cumulative Fees$39,758
Polygon$35,215
BSC$3,507
Base$462.40
Arbitrum$282.17
Ethereum$212.82
Kaia$78.84
Revenue 30d$94.61
Revenue 30d by chain
Arbitrum$59
BSC$17.16
Base$10.16
Ethereum$8.27
Polygon$0.02
Kaia$0
Revenue 7d$25.49
BSC$10.23
Ethereum$8.27
Base$6.99
Arbitrum$0
Kaia$0
Polygon$0
Revenue 24h$0
Arbitrum$0
Base$0
BSC$0
Ethereum$0
Kaia$0
Polygon$0
Cumulative Revenue$39,758
Polygon$35,215
BSC$3,507
Base$462.40
Arbitrum$282.17
Ethereum$212.82
Kaia$78.84
Protocol Information
Privacy-preserving token wrapper that enables private transfers of ERC-20 assets using zero-knowledge proofs, including private cross-chain transfers
Methodology
TVL: TVL is the underlying ETH, USDC, BNB and JPYC held by the zERC20 LiquidityManager contracts, which custody the assets users deposit when wrapping into zETH, zUSDC, zBNB and zJPYC.View code on GitHubFees: 0.35% redeem fee on private transfers (withheld from the gross amount before zAssets are minted to the recipient, live since 2026-06-02) plus liquidity-based unwrap fees charged by the LiquidityManagers.View code on GitHubRevenue: All fees (redeem and unwrap) are retained by the protocol: the redeem fee is never minted, and unwrap fees accrue to the LiquidityManager fee surplus.View code on GitHubCompetitors
zERC20 history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Sep 11, 2026 to Oct 27, 2026.
All-time high TVL: $109,285 on Sep 11, 2026. All-time low TVL: $67,902 on Oct 26, 2026.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $96,926 |
| Sep 29, 2026 | $96,517 |
| Sep 30, 2026 | $96,145 |
| Oct 1, 2026 | $96,787 |
| Oct 2, 2026 | $97,345 |
| Oct 3, 2026 | $96,642 |
| Oct 4, 2026 | $97,425 |
| Oct 5, 2026 | $98,625 |
| Oct 6, 2026 | $98,478 |
| Oct 7, 2026 | $98,060 |
| Oct 8, 2026 | $95,414 |
| Oct 9, 2026 | $92,461 |
| Oct 10, 2026 | $93,113 |
| Oct 11, 2026 | $96,091 |
| Oct 12, 2026 | $94,212 |
| Oct 13, 2026 | $92,918 |
| Oct 14, 2026 | $93,382 |
| Oct 15, 2026 | $91,442 |
| Oct 16, 2026 | $91,573 |
| Oct 17, 2026 | $91,102 |
| Oct 18, 2026 | $91,678 |
| Oct 19, 2026 | $91,912 |
| Oct 20, 2026 | $91,879 |
| Oct 21, 2026 | $93,375 |
| Oct 22, 2026 | $69,964 |
| Oct 23, 2026 | $69,480 |
| Oct 24, 2026 | $71,313 |
| Oct 25, 2026 | $68,789 |
| Oct 26, 2026 | $67,902 |
| Oct 27, 2026 | $68,023 |
TVL at each month end, Sep 2026 to Oct 2026
| Date | TVL |
|---|---|
| Sep 30, 2026 | $96,145 |
| Oct 27, 2026 (latest) | $68,023 |
Fees and revenue by UTC calendar month, Feb 2026 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| Feb 2026 | $44.04 | $44.04 |
| Mar 2026 | $2.06 | $2.06 |
| Apr 2026 | $105.95 | $105.95 |
| May 2026 | $0.37 | $0.37 |
| Jun 2026 | $3,911 | $3,911 |
| Jul 2026 | $2,654 | $2,654 |
| Aug 2026 | $1,894 | $1,894 |
| Sep 2026 | $31,052 | $31,052 |
| Oct 2026 (to date) | $94.42 | $94.42 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/zerc20
Frequently asked questions
What is zERC20's TVL?
As of Oct 27, 2026, zERC20 has $68,133 in total value locked. TVL has decreased 29.8% over the past 30 days.
What chains does zERC20 operate on?
zERC20 operates on 6 chains: Ethereum, Base, Arbitrum, Polygon, and BSC and 1 others. Ethereum holds the largest share at 32.3%.
How much has zERC20 generated in fees and revenue?
Over the past 30 days, zERC20 generated $94.61 in fees. Of that, $94.61 was protocol revenue. Based on the trailing year, the annualized rate is $54,969 in fees and $54,969 in revenue.
How does zERC20's TVL compare to similar protocols?
Among Privacy protocols tracked by DefiLlama, zERC20 ranks #15 by TVL. The category holds $1.075b across 52 protocols, and zERC20 accounts for <0.1% of that total. Similar protocols include Hinkal, Tornado Cash, Railgun, Vortexo, Privacy Cash, Nullmask, Privacy Pools, Tacit, Tonic Cash, and Payy.