Zama's TVL has nearly doubled in the last month. According to DefiLlama data, @Zama's total value locked (TVL) has exploded +82% in the last 30 days, reaching a total of $131M at time of writing. Zama is a platform designed to bring data privacy to public blockchains using Fully Homomorphic Encryption (FHE). The $ZAMA token itself is currently up +30.2% on the month.

Zama's TVL rips +129% in just one month. The privacy-focused @zama has seen an industry-leading surge in its TVL. In the last month, $ZAMA's total value locked has more than doubled, surging +129% to a total of more than $42M at time of writing. Guess the privacy narrative isn't over after all...

Zama is now supported natively by the @OpenZeppelin relayer, making it easy for developer to start building confidential applications. Making confidentiality the new default onchain will require great tools and integrations across the ecosystem. This is our primary goal for 2026.

The @zama confidential RFQ has started trading in private beta with a handful of selected traders. Here is an example trade which is super cool: swapping a confidential steakcUSDC vault position for cUSDC. This allows you to effectively exit your vault position confidentially instantly, even if all the vault liquidity is currently lent.

Announcing the Zama Public Auction. We’re selling 10% of the $ZAMA supply via a sealed-bid Dutch auction on Ethereum, using the Zama Protocol itself to keep bids confidential with FHE. Why this matters: ◼️ Fair distribution & real price discovery ◼️ No bot sniping or gas wars ◼️ Tokens are unlocked immediately 🗓️ Auction: Jan 12–15 🗓️ Claim: Jan 20 $ZAMA is the utility token of the Zama Protocol, a confidentiality layer for existing L1s/L2s: ◼️ Pay encryption & decryption fees ◼️ Stake or delegate to operators ◼️ Help secure FHE coprocessors & KMS nodes Mainnet is expected to launch by year-end, with $ZAMA fully functional before the auction. Get notified at launch: