Zama (ZAMA) Price

Zama is a cryptography company building infrastructure for confidential smart contracts on existing blockchains rather than launching a standalone Layer 1. The Zama Protocol is designed to let decentralised applications process and store sensitive values on-chain in encrypted form, while still enforcing smart contract rules. It aims to keep application state and computation encrypted so values are not exposed on-chain. It also lets smart contracts define when and to whom results may be revealed and uses distributed key services run by multiple operators so decryption does not depend on a single party.

That design can support applications that require on-chain data confidentiality, including confidential transfers, private DeFi positions, sealed-bid mechanisms and identity or compliance workflows with selective disclosure.

ZAMA is the utility token used to operate the protocol and pay for protocol services. Its core functions are:

- Protocol feesZAMA is used to pay for protocol actions required to run confidential applications, such as operations tied to encrypted execution, authorised decryption requests and cross-network confidentiality services (where supported).Fees can be paid by an end user or by an application/relayer on the user’s behalf, allowing applications to abstract direct token handling for users.