Zest Protocol Soars with $100M TVL and Zero Bad Debt

Zest Protocol is one of the largest and most successful Bitcoin lending protocols in existence. Backed by prominent investors such as Trust Machines, Tim Draper, and CZ's Yzi Labs, the team has been building on its expertise since its inception. The protocol has seen significant growth, with a $100M TVL (total value locked) and over 800 BTC deposited.

The Stacks market on Zest Protocol has been in production for two years, and it boasts an impressive track record of institutional LPs actively using the platform. In fact, the team claims to have had zero bad debt, with over 1,500 liquidations completed.

One of the key features that sets Zest Protocol apart is its unique v2 Stacks market, which includes risk groups, soft liquidations, and non-rehypothecated collateral. This further underscores the team's commitment to building a secure and reliable lending platform.