Why Zama: FHE confidentiality layer with fee burn and hardware roadmap
Thread184 words
Bullish call$ZAMA+116%since listing, moved with the callHow it played out ↓Zama is a cross-chain FHE confidentiality layer combining FHE, MPC and ZK, with Solidity-native FHE contracts and an off-chain coprocessor network. Bull case rests on a >$1B valuation, 70% FHE tooling share, fee burn and a hardware path to 10k+ TPS.
Key claims
Raised over $150M, valued above $1B
70% market share in FHE production tooling
CPU to GPU (~100 tps) to FPGA (~1,000) to ASICs (10k+)
$ZAMA will be absolutely huge:
- @zama is a cross-chain confidentiality layer
- enabling fully homomorphic encryption (FHE) on any L1/L2
- combines FHE (computation), MPC (key mgmt) & ZK (input verification)
- dedicated network of FHE "co-processors"
- intensive FHE computation handled off-chain and in parallel
- FHE smart contracts directly in Solidity via the FHEVM library
- Zama is the leading FHE company valued at >$1B
- raised a mad >$150M from top tier investors
- 70% market share for FHE production tooling
- ZAMA protocol is coming with mainnet expected for Q4
- Ethereum mainnet launch likely to coincide with $ZAMA TGE
- 100% of protocol fees generated by ZAMA protocol are burned
- deflationary pressure proportional to network usage
- Clear hardware acceleration roadmap to scale throughput
- CPU -> GPU (~100 tps) -> FPGA (~1,000 tps) -> ASICs (10k+ tps)
- Broad adoption already, and wide ecosystem integrations likely
Study privacy. Study FHE. Study Zama.
@zama How can you prepare for $ZAMA?
- Join the developer program
- Join the creator program
More info below in @0xMoei's post
x.com/0xMoei/status/1940384790848446955
How the call played out · since 27 Jul 2025
Prices as of 23 Oct 2026This piece takes a view on $ZAMA, so that move is read against the call.
+116%
Moved with the call · since it listed on 03 Feb 2026, 6 months after this piece
- At listing
- $0.0354
- Now
- $0.0763
- vs BTC
- +108%
- After 1 month
- −45%
- After 3 months
- −18%
- High since
- +185% 23 Sep 2026
- Low since
- −49% 13 Feb 2026
Since then
Zero has written 4 more pieces on Zama and $ZAMA since this one.
Daily closes in USD from DefiLlama and Yahoo Finance. Only a bullish or bearish thesis is read as a call; explainers, maps and mentions are context. Not financial advice.