---
title: "Zama on Merkl"
description: "Confidential blockchain protocol built on fully homomorphic encryption. Its fhEVM stack powers ERC-7984 confidential tokens, whose balances stay encrypted onchain."
canonical: "https://app-a.merkl.xyz/protocols/zama"
protocol: "Zama"
protocolId: "zama"
page: 1
items: 1
totalPages: 1
generated: "2026-09-20T16:09:07.401Z"
---

# Zama

## Back to

- [Protocols index (markdown)](https://app-a.merkl.xyz/protocols.md)
- [Opportunities index (markdown)](https://app-a.merkl.xyz/opportunities.md)
- [Protocols index (HTML)](https://app-a.merkl.xyz/protocols)

Confidential blockchain protocol built on fully homomorphic encryption. Its fhEVM stack powers ERC-7984 confidential tokens, whose balances stay encrypted onchain.

## Stats

- **ID**: zama
- **Name**: Zama
- **Total opportunities**: 1
- **Live opportunities**: 1
- **Live campaigns**: 1
- **Daily rewards**: $2.41
- **Max APR**: 5.85%
- **Website**: https://www.zama.org

## Trust

Verified by DefiLlama, listed in May 2026.

- **DefiLlama slug**: zama
- **DefiLlama page**: https://defillama.com/protocol/zama
- **Category**: Privacy
- **Audits**: 0
- **Twitter**: https://twitter.com/zama
- **Last synced**: 2026-09-18T04:02:05.000Z

### GitHub

- [zama-ai](https://github.com/zama-ai)

## Opportunities: page 1 of 1 (1 total)

| # | Opportunity | Chain | APR | TVL |
| --- | --- | --- | --- | --- |
| 1 | [Deposit into Zama Steakhouse Prime USDT](https://app-a.merkl.xyz/opportunities/9530982449565569664.md) | [Ethereum](https://app-a.merkl.xyz/chains/ethereum.md) | 5.85% | $15,058.06 |