Zama ZAMA

Zama (ZAMA) was trading at $0.0499, ranked #242 by market cap at $109.77M, with 24h volume of $6.49M.

Data snapshot: 2026-09-02 12:15 UTC. ↻ Refresh live price

Zama builds fully homomorphic encryption for blockchains, letting contracts compute directly on encrypted values so balances and inputs stay private while remaining verifiable. FHE has long been considered too slow to be practical, and whether Zama's hardware and compiler work bring it to usable speed is the open question the project rests on. Zama works on fully homomorphic encryption — computation performed directly on encrypted data, so a contract can process values it never sees in plaintext. If it becomes practical at scale it changes what is possible on a public chain: confidential balances and private logic without a separate privacy chain. The honest caveat is performance: FHE is computationally expensive, and whether it becomes fast enough for general use is still an open engineering question rather than a settled result. On this map it is a recent, small-cap privacy-sector asset.

Market cap decides how big a bubble is drawn, so rank is what places ZAMA on the map relative to the rest of its sector.