Wrapped ZEC (Universal)Price(UZEC)
Details Wrapped ZEC (Universal) (UZEC) Price information (USD)
The current real-time price of UZEC is $235.11. In the past 24 hours, UZEC has traded between $233.62 and $238.97, showing strong market activity. The all-time high of UZEC is $747.8, and the all-time low is $189.37.
From a short-term perspective, the price change of UZEC over the past 1 hour is
Wrapped ZEC (Universal) (UZEC) Market Information
Wrapped ZEC (Universal) (UZEC) Today's Price
The live price of UZEC today is $235.11, with a current market cap of $67,096.32. The 24-hour trading volume is 1K. The price of UZEC to USD is updated in real time.
Wrapped ZEC (Universal) (UZEC) Price History (USD)
What is WRAPPED ZEC (UNIVERSAL) (UZEC)?
When is the right time to buy UZEC? Should I buy or sell UZEC now?
Before deciding whether to buy or sell UZEC, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s UZEC technical analysis can provide you with trading references.
Future price trend of UZEC
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for UZEC.
How much will UZEC be worth tomorrow, next week, or next month in ? What about your UZEC assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! UZEC Price Prediction
How to buy WRAPPED ZEC (UNIVERSAL) (UZEC)
Convert UZEC to local currency
UZEC Resources
To learn more about UZEC, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
base | 0x454c...fa91f6  | 92 | 45.62% |
base | 0x3054...41712a | 36 | 17.85% |
base | 0x6c7a...29af9e | 20 | 9.92% |
base | 0xe8fd...24dc46 | 14 | 6.94% |
base | 0x2572...e8a03b | 10 | 4.96% |
Other | 29.65886 | 14.71% |
Hot Events
WRAPPED ZEC (UNIVERSAL) (UZEC) FAQ
What is Wrapped ZEC (Universal) and how does it function?
Wrapped ZEC (Universal), or uZEC, is a 1:1 tokenized version of the privacy-focused cryptocurrency Zcash. It is designed to bridge Zcash into the decentralized finance ecosystem, allowing the asset to be utilized on various blockchains such as Base, Polygon, Arbitrum, and Solana. This enables users to interact with smart contracts and decentralized applications while maintaining exposure to the value of the underlying Zcash asset.
Is uZEC considered a stablecoin pegged to the US Dollar?
No, uZEC is not a USD-pegged stablecoin. While there is sometimes confusion in external documentation, uZEC is strictly pegged to the price of Zcash (ZEC). Its value fluctuates according to the market performance of the underlying Zcash asset rather than the US Dollar or any other fiat currency.
What are the primary differences between uZEC and veUZEC?
uZEC is the liquid and tradable version of the token used for transactions and liquidity provision. On the other hand, veUZEC, or vote-escrowed uZEC, is a non-transferable governance token. Users obtain veUZEC by locking their uZEC for a set period, which grants them the ability to participate in protocol governance decisions and potentially enhance their rewards within the ecosystem.
How do staking and reward mechanisms work for uZEC holders?
Holders can participate in the ecosystem by depositing their tokens into a Stability Pool, which is most active on the Base network. By providing this liquidity, users become eligible for protocol rewards. It is important to note that these rewards do not compound automatically; participants must manually claim their earnings and redeposit them to achieve a compounding effect on their holdings.
How is the uZEC token backed and secured?
The token is backed 1:1 by native Zcash reserves managed by institutional custodians. For security, the protocol utilizes the EIP-1967 Beacon Proxy pattern on the Base network, which allows for secure smart contract upgrades. This structure ensures that every uZEC token in circulation is fully collateralized by an equivalent amount of native Zcash held in secure storage.
Where can users trade uZEC and which networks are supported?
The most active network for uZEC liquidity and trading is currently Base. Users can acquire the token through decentralized exchanges or established trading platforms like LBank. To manage the token, users can add the official contract address to their compatible Web3 wallets, ensuring they are using the correct network to facilitate their transactions.
