Zephyr Protocol ZEPH

Where ZEPH sits in the market

At #1847, Zephyr Protocol is in the lower small-cap band. Books at this depth are thin enough that one sizeable market order can move the printed price by several percent and retrace within minutes, which is precisely why a single static price target makes a poor trigger — you want a condition that survives one wick. Availability is concentrated in a handful of venues and volume-based delisting is a live risk rather than a theoretical one.

We are not currently receiving a live ZEPH order book from any of the exchanges connected to this site, so no real-time quote is shown above. That is itself information: it usually means the pair is unlisted on the venues we track, or trading has been halted.

ZEPH against its all-time high

Zephyr Protocol's record high is $52.31, set on 2023-11-23. A high in this range means ZEPH carries a meaningful unit price, so round-number levels near the peak tend to be watched as references in their own right. It was set 3 years ago, so it belongs to the current cycle but not to current conditions. We are not quoting a drawdown from it because no tracked venue is giving us a live ZEPH price — a stale or single-pool number would make that percentage look precise when it is not.

ZEPH across its historical range

ZEPH has traded across a 163x range, between $0.3210 and $52.31. Any volatility figure quoted for this asset depends heavily on which part of that range it is measured over.

The record low of $0.3210 was printed on 2026-05-07 — within the last six months. We have no live quote to measure the current distance from it.

ZEPH supply and valuation data

Supply figures for ZEPH are self-reported at this rank rather than reconciled against the chain, so we publish the valuation we have and not a circulating-supply number we cannot check. What we do have is a fully diluted valuation of $4.1 million as of 2026-05-12. That is in the upper quartile of tracked assets by fully diluted value.

Because that valuation is a snapshot rather than a live figure, we deliberately do not back out a supply number from it — the price has moved since, and the division would produce a confident-looking token count that is simply wrong. Check the project's own explorer for the current supply before using any per-token valuation.

What kind of asset ZEPH is

Zephyr Protocol is a base-layer network, so ZEPH is simultaneously the chain's security budget and its unit of account rather than a claim on a business. Value accrual runs through validator economics and through whatever activity settles on the chain itself. Because it is secured by proof of work, new ZEPH arrives on a fixed schedule and is paid to miners who carry real energy costs — a structural, price-insensitive source of sell pressure that proof-of-stake chains do not have.

CoinGecko files ZEPH under 4 categories, including Proof of Work (PoW), Stablecoin Issuer, Privacy Blockchain.

How to set a Zephyr Protocol alert that is worth receiving

Zephyr Protocol (ZEPH) — high dated 2023-11-23 — rank #1847. On this profile the condition that carries signal is a two-sided price threshold beyond the recent band plus a 4-hour or daily RSI condition.

Full alert-design method: thresholds, RSI/MACD and volume conditions →