What Zap is
Zap is a Layer-1 smart-contract platform, currently ranked 395th by market capitalization among the assets we track. As a proof-of-stake Layer-1, Zap hosts applications, settles their transactions, and lets ZAP holders earn yield by helping validate. Capital at stake — not electricity — is what keeps the chain honest.
Zap (ZAP) is a digital currency designed to facilitate instant and low-cost transactions worldwide, primarily through its decentralized platform that connects users with services. It aims to enhance the process of sending and receiving payments in various applications.
How consensus and the token economy connect
Validators propose and attest to blocks; honest behavior earns rewards, dishonest behavior burns the stake. That feedback loop is what lets Zap finalize transactions without miners.
ZAP is not mined; it is issued as a token rather than secured by its own mining or staking layer.
Background & fundamentals
Zap first went live in 2017, giving it roughly 9 years of on-chain price history to draw on. Zap operates under a centralized structure, which concentrates protocol decisions in an identifiable issuer or foundation. A documented core team of 11 contributors is listed publicly, a depth of disclosed staffing many long-tail tokens lack.
Its codebase is open-source, meaning the implementation can be audited rather than taken on trust. The project publishes a whitepaper documenting its original design, which is worth reading before sizing any position in ZAP. CoinPaprika classifies the project's development status as "Prototype / MVP".
In sector terms it is most often filed under Platform, Smart Contracts, and Ethereum (ETH) Token (ERC-20).
Where Zap sits in the market
With ZAP near $0.00135984, Zap carries a market capitalization of $321.12K. Around $41.99 changes hands across exchanges in a typical 24-hour window. That is a turnover of about 0.01% of the float — on the quieter side, which can mean thinner liquidity for large orders.
Zap carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. ZAP remains -100% beneath its all-time high of $1.83, the kind of gap that historically takes a full cycle or a fresh catalyst to close.
What the price history shows
Recent moves read 24-hour -5.35%, 7-day +12.72%, 30-day -10.92%, 1-year -43.69%.
Volatility profile
Recent action puts Zap in the High-volatility band — it has been actively trading, with daily moves that would be unusual in traditional equities. Over the last 30 days the move totals -10.92%, a useful input for stop placement and position sizing.
How to evaluate Zap
For an asset of this type, three lenses matter most:
- Real usage — active addresses, fees paid, and total value locked — does on-chain demand justify the valuation?
- Staking economics — the share of ZAP staked, the yield, and unlock/queue dynamics that govern liquid supply.
- Ecosystem depth — how many applications and how much liquidity have chosen Zap over competing Layer-1s.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.