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

GateNews

2025-11-10 07:06:27

ZEC3.84%

ORCA1.13%

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.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

Comment

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GateUser-fea0308a

· 2025-11-10 13:24

nice post

Reply0

GateUser-4b660188

· 2025-11-10 07:11

Hold on tight 💪Hold on tight 💪Hold on tight 💪Hold on tight 💪

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