Since its launch, Zenrock's Wrapped ZEC has achieved a trading volume of $15 million.

2025-11-10 07:06:27

PANews November 10 News, according to Coindesk, Zenrock’s wrapped Zcash token zenZEC has reached a total trading volume of $15 million since launching on the Solana blockchain on October 31. zenZEC combines Zcash’s privacy features with Solana’s high speed and enhances security through Zenrock’s decentralized multi-party computation (MPC) network.
zenZEC supports the native ZEC on a 1:1 basis, using MPC technology to distribute private keys across multiple independent nodes, avoiding single points of failure and improving security. This token seamlessly integrates with decentralized exchanges and yield protocols on Solana, providing Zcash holders with their first true on-chain DeFi experience in 7 years.
Currently, zenZEC has promoted liquidity and adoption on the well-known Solana DEX Orca, with plans to expand to more DeFi protocols and support token staking in the future.
Previously, Zenrock announced plans to launch decentralized custody services and wrapped Bitcoin zenBTC.

ZEC-1.77%

ORCA1.29%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

3 Likes