ZAMA Multi-Platform Spot Contract Launch and Public Offering Application Guide
Execution Summary
The ZAMA token generation event (TGE) will officially launch today at 13:00 UTC , simultaneously opening spot trading on multiple platforms, public offering applications, and full circulation windows. This project, a fully homomorphic cryptographic (FHE) privacy protocol, has completed a $130 million funding round, and this TGE marks its mainnet officially entering the production phase (CoinList ).
In-stock listing details
Multi-platform simultaneous launch schedule Bitget OKX
| Exchange | Trading Pair | Trading start time (UTC) | Deposit status | Withdrawal start time |
|---|---|---|---|---|
| Bitget | ZAMA/USDT | 2026-02-02 13:00 | Now open | 2026-02-03 14:00 |
| OKX | ZAMA/USDT | 2026-02-02 13:00 | Now open | To be announced |
| Bybit | ZAMA/USDT | 2026-02-02 13:00 | Now open | To be announced |
| MEXC | ZAMA/USDT | 2026-02-02 13:00 | Now open | To be announced |
| KuCoin | ZAMA/USDT | 2026-02-02 13:00 | Now open | To be announced |
| Bitrue | ZAMA/USDT | 2026-02-02 13:00 | Now open | To be announced |
Perpetual contracts are now available on the following platforms (starting January 9th): Binance, OKX, Gate, Aster
Public offering application details Zama Blog
Application Time Window
- Start date : February 2, 2026 (TGE day)
- Eligibility : Priority will be given to those who did not win the bid in the public auction.
- Settlement price : US$0.05 (based on auction settlement price)
- Individual cap : $10,000
- Total allocation : 220 million ZAMA tokens (2% of total supply)
Application process
- Visit the CoinList platform to view the final allocation results.
- Connect your wallet to claim your item.
- Obtain standard ERC-20 format tokens
- Tokens are available immediately with no lock-up period.
Note : The total public offering raised US$121.4 million, with the auction portion exceeding the target by 218%, and a refund rate of 62.89%.
Token Circulation and Economic Model
Initial Circulation Data [Token Onchain Data]
- Total supply : 11 billion
- Initial circulating supply : at least 2.2 billion (20%)
- Public offering: 880 million units (8%)
- Community sales: 220 million units (2%)
- Pre-TGE sales: 220 million units (2%)
- Other initial circulation: 880 million (8%)
- Fully Diluted Valuation (FDV) : Starting at $55 million (based on an offering price of $0.05)
Position distribution analysis
The top 5 addresses account for approximately 88% of the holdings, indicating a relatively concentrated initial distribution.
- Largest holding address: 766.5 million tokens (69.7%)
- Exchange hot wallets have prepared liquidity (Bybit, Bitget, etc. already have holdings).
Project Background and Financing
Basic Information
- Technical Field : Fully Homomorphic Encryption (FHE) Protocol
- Core functionality : Provides a privacy layer for public blockchains such as Ethereum and Solana.
- Founders : Dr. Rand Hindi (PhD in AI) and Dr. Pascal Paillier (PhD in cryptography, co-inventor of FHE)
- Team size : 100+ people, including 37 PhDs
Funding History [DB Internal Data]
| round | time | Amount | lead investor | Valuation |
|---|---|---|---|---|
| Series A | 2024-03 | $73 million | Multicoin Capital, Protocol Labs | not disclosed |
| Series B | 2025-06 | $57 million | Pantera Capital, Blockchange Ventures | >1 billion US dollars |
| public offering | 2026-01 | $121.4 million | Community Auction | Starting with $550 million FDV |
Technological Highlights and Market Performance
Innovation Achievements
- First Crypto ICO : Sealed-bid Auction Using Homomorphic Encryption
- Mainnet Ready : First Confidential USDT Transfer Processed
- Performance Validation : TVS (Total Shielding Value) surpasses $100 million in 3 days, exceeding the achievements of other privacy protocols over many years.
- Network stability : Zero downtime, processing capacity matches the Ethereum mainnet.
Market data
- Public offering participation : 11,103 independent bidders, 24,697 bids
- Exchange Coverage : Simultaneous listing on 6 spot exchanges + 4 perpetual contract exchanges
- Social media engagement : The official X account's post received 31,960 views and 527 likes .
Risk Warning
- Concentration risk : The top 5 addresses control 88% of the supply, which may affect price stability.
- Initial circulation restrictions : Although 100% unlocked, most tokens remain with the project team and control addresses.
- Market Environment : The current overall cryptocurrency market is down (BTC -7.10%, ETH -7.75%), which may affect the listing performance.
- Technical complexity : FHE technology is relatively new, and market acceptance needs time to be validated.
Practical Information
- Official application portal : CoinList ZAMA page
- Contract address : Standard ERC-20, to be announced later by TGE.
- Supported wallets : Any Ethereum-compatible wallet
- Block explorer : Etherscan (to be updated after TGE)
in conclusion
ZAMA's TGE event is one of the most anticipated crypto project launches of early 2026, and its technological innovation and large-scale funding background are noteworthy. The simultaneous launch on multiple platforms at 13:00 UTC today creates a good liquidity foundation, but investors should be aware of the initial concentration of holdings and the volatility risks brought about by the current market environment.
Participants are advised to: 1) Submit their applications on time; 2) Diversify their trading platforms to obtain the best prices; and 3) Closely monitor the latest announcements from official channels. The long-term value of the project will depend on the actual adoption rate of FHE technology and the development of its ecosystem.
All times are UTC time. Current time: 2026-02-02 04:36 UTC