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ZcashL1

ZEC$1,134−6.0% 24h

Fair price

$165.79

−85.4% from $1,134

Pays $17.9K per $1 of yearly fees · median $2.61K

Undervalued rank

#48of 59

#48 of 59 ranked by revenue multiple (90d)

Revenue multiple vs other chains

Key figures

FDV
$19.3B
fully diluted
Market cap
$19.3B
circulating
Yearly fees
$1.08M
$267K over 90/90 days

// fee history

Daily fees

Latest day
$1.80KNov 9
Daily average
$2.97K90 days
Peak
$15.2KSep 23
Coverage
90/90dcomplete

Zcash daily fees from Aug 12, 2026 to Nov 9, 2026: latest $1.80K, average $2.97K per day, peak $15.2K on Sep 23, 2026.

Complete UTC days through Nov 9, 2026. Missing days are left as gaps, never filled with zero. The range only changes the view; the multiple uses the 90d window.

// peers

Chains like Zcash

// next

Put Zcash side by side with another chain

Fair price, value vs fees and fees, side by side.

Full ranking

// about

Zcash’s fees and valuation

Zcash ranks #48 of 59: at $19.3B FDV and $1.08M of yearly network fees, its revenue multiple of 17,855× sits above the median. The market is paying up for more than its fees: at the median multiple ZEC would be $165.79 (−85.4%).

For comparison, Zcash is 14× pricier than Ethereum (1,268×) and 1.0× cheaper than Bitcoin (18,076×).

What these terms mean · Every chain, ranked

// faq

Zcash FAQ

Is Zcash undervalued?

Not by its fees. Zcash's revenue multiple of 17,855× is above the median chain's, so it ranks #48 of 59.

How much does Zcash earn in fees?

$1.08M a year, annualized from the last 90 days of network fees (DefiLlama).

What would ZEC be worth at a fair revenue multiple?

$165.79, −85.4% from $1,134 today. That's the price at the median revenue multiple of all ranked chains.