The current real-time price of ZLP is $0.6776. In the past 24 hours, ZLP has traded between $0.6777 and $0.7183, showing strong market activity. The all-time high of ZLP is $3.67, and the all-time low is $0.5469.
From a short-term perspective, the price change of ZLP over the past 1 hour is , over the past 24 hours is +0.05%, and over the past 7 days is -5.27%. These figures provide a quick overview of the latest price trends and market dynamics of ZLP on LBank.-15.04%
The live price of ZLP today is $0.6776, with a current market cap of --. The 24-hour trading volume is 287.81. The price of ZLP to USD is updated in real time.
Before deciding whether to buy or sell ZLP, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s ZLP technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for ZLP.
How much will ZLP be worth tomorrow, next week, or next month in ? What about your ZLP assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! ZLP Price Prediction
To learn more about ZLP, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
sui | 0x4a0f...b15ba7  | 53,631 | 12.45% |
sui | 0x23db...4098ac | 49,022 | 11.38% |
sui | 0x76e9...e7b751 | 29,538 | 6.85% |
sui | 0x74df...24becb | 29,483 | 6.84% |
sui | 0x9ffb...72f5fb | 20,799 | 4.83% |
Other | 248.433K | 57.65% |
ZLP is ZO's liquidity provider token, granting users a share in ZO's liquidity pool. By acquiring ZLP, you stake your assets to supply liquidity for leveraged trading on the ZO Perpetuals exchange. The ZLP Pool functions as the counterparty for traders, enabling them to borrow tokens for their leveraged positions. This mechanism supports the platform's trading operations by ensuring sufficient liquidity.
Holding ZLP offers passive income opportunities from the protocol. ZLP holders receive 75% of the fees generated across the ZO Perpetuals platform. These fees stem from activities such as opening and closing trades, ZLP minting and redemption, agent usage, and funding fees. The yield is automatically compounded, reflecting in the increasing virtual price of ZLP, and does not require active staking or harvesting.
ZLP functions as a liquidity provider token, with its total value directly linked to the amount of liquidity within the pool. It is fully backed by the underlying assets contributed for minting, including tokens like SUI, DEEP, and USDC. ZLP is not an inflationary token. While its supply can expand, this growth is a direct result of additional assets being deposited into the pool, ensuring its inherent value remains consistent.
To acquire ZLP, individuals can become Liquidity Providers by contributing supported digital assets to the ZLP Pool. This process involves depositing tokens such as SUI, DEEP, and USDC through the ZO Swap feature available on the platform. Upon deposit, ZLP tokens are minted and then distributed to the provider. The amount of ZLP received is determined by the current market price of the underlying assets.
Holding ZLP carries several risks. These include market and liquidity risks, where asset price fluctuations can lead to potential losses or withdrawal difficulties. Smart contract and platform risks also exist, as bugs or hacks could result in fund loss. Trading PnL risks are significant; substantial trader profits from high leverage can diminish the liquidity pool's value if they exceed generated fees and asset depreciation. Additionally, ZLP might underperform during bull markets due to its mixed asset composition, and entry/exit fees can impact returns.
You can remove or redeem your ZLP tokens by converting them back into supported underlying assets. This process typically involves burning the ZLP token, which then releases the corresponding assets from the liquidity pool. Alternatively, if you prefer not to redeem directly, ZLP tokens can also be transferred to other users or traded on secondary markets, offering flexibility in managing your holdings.
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