Zest Protocol @Stacks market: holding steady at $65M TVL
TVL is up from $63M in June. sBTC deposits held at 775 sBTC and borrows held at $6.9M
Suppliers have now earned 14.11 BTC in cumulative BTC-on-BTC yield since launch. Bitcoin deposited on Zest Protocol pays out in Bitcoin.
New feature: Zest Protocol Stacks Swap
A DEX aggregator for Stacks, live since 23 July. Every swap is routed across all major Stacks DEXes and executed as one atomic transaction with on-chain price protection.
Stacks Swap has the most routes and best execution of any trading app on Stacks. Zest Protocol is now the entry point for trading on Stacks.
Announced: Zest Protocol Stacks Vaults
Automated yield strategies built on top of Zest Protocol Stacks markets.
Deposit a single asset, the vault runs the strategy, no position management or rebalancing.
The first product is a Levered Bitcoin Staking Vault built on stBTC, targeting 6 to 8% APY derived entirely from Stacks Bitcoin Staking rewards. This first vault launches alongside Stacks Bitcoin Staking in August.
Bitcoin Collateral Vaults: internal testing complete
Bitcoin Collateral Vaults are quickly becoming our flagship product, and you'll hear a lot more about them soon.
The mainnet demo is ready. Public reveal is next. Lock BTC on Bitcoin, borrow stablecoins on EVM chains, no wrapping or bridging.
