1. Origin of the Protocol
• The Zest Protocol is a DeFi lending protocol focused on Bitcoin.
• The protocol has been around since 2023/2024, initially running on Stacks (Bitcoin's Layer 2).
• It had a gradual rollout:
◦ Stacks Market: 2024
◦ Preparation for native BTC support: 2025–2026
2. Launch of the ZEST Token
• Date of the TGE (Token Generation Event): May 19, 2026
• Launched about 13 days ago (today is June 1, 2026).
• Listed simultaneously on several major exchanges:
◦ Binance Alpha
◦ KuCoin (World Premiere)
◦ HTX
◦ BitMart
◦ Gate.io and others
3. Price History (since launch)
Date/Event
Price (USD)
Note
19/05/2026 (Launch)
ATL: $0.05995
Lowest price of the day
19–20/05/2026
Initial peak ~$0.195
+226% in a few hours
27–29/05/2026
ATH: $0.2036 – $0.2073
Maximum peak
01/06/2026 (current)
~$0.137 – $0.150
Fluctuating after correction
• All-time high (ATH): $0.2073 (May 29, 2026) → currently -30% to -35% below.
• Lowest point (ATL): $0.05995 (May 19) → currently +130% above.
• Daily volume has been very high (frequently above $100M–$200M).
4. Summary Performance
• Early hours: Classic strong pump from launch (hype + listings).
• Following days: Natural correction + consolidation.
• End of May: New peak (likely driven by BTCFi hype and volume).
• Start of June: Moderate correction, common after initial pumps.
5. Project Context
• Current Market Cap: ~US$ 20–22 million
• FDV (Fully Diluted): ~US$ 140–150 million
• Circulating Supply: 146 million (14.6% of total 1 billion)
• Protocol TVL: ~US$ 90–100 million (solid for a new project)
ZEST is the governance and utility token of the protocol. The project has an operational history of nearly 2 years without bad debt (bad loans), which is a positive point.
Summary: The ZEST token is extremely new (launched on 19/05/2026). It had an explosive launch with good hype, hit ATH quickly, but has already corrected some gains — typical behavior of newly launched tokens.
