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Zephyr ZEPH Price $ 8.71
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ZEPH Price
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Description
The Zephyr Protocol, at its heart, is an over-collateralized, crypto-backed stablecoin protocol
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What is Zephyr (ZEPH)?
The Zephyr Protocol, at its heart, is an over-collateralized, crypto-backed stablecoin protocol, a concept refined through the innovative Djed Protocol. Djed originated from a collaboration between the Ergo Foundation, Emurgo (Cardano ecosystem), and IOHK and its first deployment was SigmaUSD on Ergo in 2021.
Bridging the gap between privacy and stability, Zephyr leverages the proven mechanics of the Djed Protocol while encapsulating the robust privacy features inherent to Monero. This unique combination gives rise to the world's first overcollateralized stablecoin that guarantees privacy - a major leap in the evolution of digital currencies.
Zephyr Price Today
Zephyr's current price is $ 8.71, it has increased +5.53% over the past 24 hours.
Zephyr's All Time High (ATH) of $ 52.22 was reached on 23 Nov 2023, and is currently -83.3% down.
The current circulating supply of Zephyr is 3.72 Million coins, and the maximum supply of Zephyr is 3.72 Million.
Zephyr’s 24 hour trading volume is $ 988.44 Thousands.
Zephyr (ZEPH) operates on its own blockchain.
Zephyr's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 32.37 Million.
You can find more details about Zephyr on its official website and on the block explorer.
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