Zephyr Protocol Stable Dollar
ZSD Rank #5544Price chart
What is Zephyr Protocol Stable Dollar?
Overview
ZSD is a private stablecoin designed to maintain a 1:1 peg with the US dollar. It enables users to conduct transfers and transactions within the Zephyr Protocol ecosystem without relying on centralized intermediaries. The token serves as a privacy-enhanced alternative to traditional stablecoins, allowing direct minting and redemption by protocol participants.
How it works
ZSD operates as a native asset on the Zephyr Protocol blockchain. Users can mint new ZSD tokens, redeem them, and transfer holdings directly through the protocol without intermediary involvement.
Peg and backing
The stablecoin maintains its dollar peg through overcollateralization, with each ZSD backed by Zephyr ($ZEPH) tokens held within the protocol. The collateralization mechanism ensures the stability and redemption value of ZSD relative to USD.
Where to trade ZSD
Exchanges that list this asset
Live spot quotes from connected exchanges
ZSD funding rates
Live perpetual funding on every connected exchange. Positive = longs pay shorts.
Contracts & chains
Exact contract or mint per network — the identity layer used for DEX routing.
On-chain routes
Networks with a connected DEX routing adapter.