Zcash is a privacy-focused cryptocurrency that uses trustless zero-knowledge proofs to enable fully encrypted transactions while maintaining blockchain transparency and security. It was the first cryptocurrency to implement zero-knowledge encryption for private peer-to-peer payments, addressing the fundamental privacy gap in traditional cryptocurrencies that expose transaction details publicly.
Order Book
Connecting…Price Chart: ZEC
Largest Bid Walls
Buy| Price | Size | $ Value |
|---|---|---|
Largest Ask Walls
Sell| Price | Size | $ Value |
|---|---|---|
ZEC Funding Rate History
Last 7 days · 168 intervalsOver the last 7 days, ZEC funding has averaged 0.00136% per hour, an annualised rate of 11.9%. Longs paid shorts in 100% of intervals, meaning positioning has leaned long and holding a long position carried an ongoing cost. The rate ranged from 0.00070% to 0.00418%. ZEC is currently the #5 market on Hyperliquid by open interest. Work out what this costs on your own position with the funding rate calculator.
ZEC funding & market FAQ
What is the current ZEC funding rate?
The current ZEC funding rate on Hyperliquid is 0.00125% per hour, with a predicted next rate of not yet available. Over the past 7 days it has averaged 0.00136%. Hyperliquid charges funding every hour, unlike most centralised exchanges which charge every eight.
Who pays funding on ZEC right now?
The rate is positive, so longs pay shorts. This happens when the perpetual trades above spot price, and it makes holding a long position an ongoing cost. See how funding rates work for the full mechanism.
What does ZEC open interest tell me?
ZEC currently has $612,515,947 of open interest, ranking #5 of 533 Hyperliquid markets. Open interest measures capital currently committed to open positions rather than trading activity, so rising open interest alongside rising price indicates new positions rather than a short squeeze. Read more on open interest.
What is my liquidation price on a ZEC position?
At the current mark price of $1,328.9, a 10x long would be liquidated around $1,196.0 and a 10x short around $1,461.8. Higher leverage moves those levels much closer — calculate yours exactly with the liquidation price calculator.
Can I trade ZEC perpetuals without an account?
Trading requires a Hyperliquid wallet connection, but all the data on this page is public and free to view. You can also inspect any trader's ZEC positions, entries and realised PnL by pasting their wallet address — no sign-up needed.
Writing about ZEC? Embed this live card on your site for free →