FraudCoins.com

Is Zest Protocol a scam?

LOW RISK · 22/100

Zest Protocol (ZEST) has an automated risk score of 22/100 — low risk. Zest Protocol has only a small fraction of its total supply in circulation. The remainder is scheduled or available to be released later, which would dilute existing holders if demand does not grow with it. This describes the supply schedule, not the intentions of anyone involved.

Automated assessment · updated 21 October 2026

Zest Protocol

Zest Protocol

zestLOW RISK
Large Unreleased Supply

$0.1797

+0.04% (24h)

updating live price…

Risk Assessment

22/100

Risk Score

LOW RISK

Driven primarily by supply structure (16 of 20 points). Every contributing factor is itemised below.

measured 2026-10-21 · 7 factors evaluated

Here is what the public data shows about Zest Protocol, ordered by how strongly each factor contributes to the score:

  • Supply Structure: Only 14.6% in free float — most of the supply is not yet circulating, so the price is set by a small share of it and future releases could dilute holders.
  • Market Cap Risk: Market cap under $100M — mid-sized; large trades can still move the price.
  • Drawdown From All-Time High: Down 48% from its all-time high — within normal speculative range.
  • Volume Anomaly: Volume at 4.5% of market cap — within normal range.

These are automated, opinion-based indicators from public data — not financial advice or an allegation of wrongdoing. See our methodology.

Why this asset is flagged as high-risk

The patterns below are automated, opinion-based observations from public market data. They describe statistical risk indicators — not proof of wrongdoing by any project or person.

Large Unreleased Supply

Most of the total supply is not yet circulating; future releases would dilute holders if demand does not grow with them

Risk Factor Breakdown

Each factor is scored independently and weighted to calculate the total risk score.

Drawdown From All-Time High

Price Action

2/25

8%

How far the price sits below its peak. Deep drawdowns are common to abandoned and post-collapse tokens, but also to assets in a prolonged bear market — on its own this measures price history, not conduct.

Finding: Down 48% from its all-time high — within normal speculative range

Volume Anomaly

Trading Signals

1/20

5%

24-hour volume compared with market cap. Very high turnover can reflect genuine news-driven trading or inflated volume; very low turnover means the price is rarely tested. We measure the ratio and cannot attribute it to any party.

Finding: Volume at 4.5% of market cap — within normal range

Market Cap Risk

Market Structure

3/15

20%

Market capitalisation. The smaller the asset, the less capital it takes to move its price.

Finding: Market cap under $100M — mid-sized; large trades can still move the price

Supply Structure

Tokenomics

16/20

80%

Free float (circulating vs total/max supply). A low float means much of the supply has yet to reach the market, so the price is set by a small share of it and future releases could dilute holders. Estimated from reported supply; holder data read from the chain is scored separately.

Finding: Only 14.6% in free float — most of the supply is not yet circulating, so the price is set by a small share of it and future releases could dilute holders

Not contributing (3): Price Volatility, On-Chain Holder Concentration, Transparency Gaps — 0 points.

Key Metrics

Market Cap$26.23M
24h Volume$1.18M
Vol / MCap4.5%
All-Time High$0.3466
ATH Drop-48.17%
ATH Date4 months ago
Circulating Supply146.00M
Total Supply1.00B
Max Supply1.00B
7d Change—
30d Change—

Protect Yourself

  • • Never invest more than you can afford to lose entirely
  • • Check token concentration — if top 10 wallets hold >50%, be cautious
  • • Verify the team is public and doxxed
  • • Read the smart contract audit before buying
  • • Be wary of unrealistic APY promises
Full Guide: How to Spot Scams →

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What the contract allows

Ethereum · measured 2026-10-20

Zest Protocol’s deployed contract grants its owner 1 privilege that can affect your position. These are properties of the code itself, not allegations about anyone’s conduct — many legitimate projects retain them deliberately.

  • Owner can mint new tokens

    Supply is not fixed; new tokens can be created, diluting existing holders.

Checked and not present: change any wallet balance, pause all transfers, blacklist wallets, ownership can be reclaimed after renouncing, contract has a hidden owner, contract can self-destruct.

Source code: published and verified, so the deployed bytecode can be independently reviewed.

Contract analysis from GoPlus Labs · verify on-chain. An upgradeable contract can change after this reading.

How we counted holders here

Ten largest wallets

97.0%

including custodial

Largest private wallets

10.1%

after excluding 1

1 of Zest Protocol’s ten largest holders is a labelled exchange, market-maker, treasury or vesting, liquidity-pool or DeFi-protocol, staking or vault, bridge, multisig or burn address — supply that is custodied, pooled or destroyed rather than sitting in one person’s wallet. Separating it out moves the top-10 figure by 86.9 points. We report the private-wallet figure because that is the supply someone can actually choose to sell today.

Most of Zest Protocol’s supply therefore sits in the excluded addresses. Burned supply is permanently gone, but treasury, vesting and foundation holdings are excluded too, and those can still reach the market when they unlock — a low private-wallet figure is not the same as a low future sell-side risk.

Wallets excluded from the top 10

AddressClassified asLabelShare
0x0000…8a90Liquidity pool or DeFi protocol contractUniswap · Uniswap V4: Pool Manager · Liquidity Pool · DEX · Uniswap V487.26%

Classification applied to the 100 holder records returned for this contract; 98 remained after exclusions · measured 2026-10-21. Custodial wallets are identified by public address labels, so an unlabelled one may still be counted as private — this correction is a floor, not a guarantee.

Zest Protocol holder-concentration history

2 dated measurements · -0.1 pts over the period

FraudCoins.com has measured the share of Zest Protocol’s supply held by its top 10 non-exchange wallets on 2 days since 10 Oct 2026. The highest reading was 10.2% on 10 Oct 2026; the most recent reading is 10.1% on 21 Oct 2026.

10050050% flag threshold2026-10-102026-10-21

Composite risk score (0–100)

1005002026-07-292026-10-22
Recorded measurements (2)
Dated top-10 holder concentration readings for Zest Protocol
Date measuredTop 10 holdFlagged
10.1%No
10.2%No

Each row is an automated measurement taken on the date shown, using public on-chain holder data with burn and labelled exchange, staking, bridge and liquidity wallets excluded. Historical readings describe what our model measured on that date — they are not statements about the project’s conduct then or now, and are not financial advice.

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Frequently asked questions about Zest Protocol

Is Zest Protocol a scam?

We do not allege that Zest Protocol (ZEST) is a scam, and we have no evidence of wrongdoing by anyone associated with it. What we can tell you is what we measured: Its ten largest private wallets hold 10.1% of supply (exchange, staking, bridge and burn addresses excluded). That places it at 22/100 on our automated scale, which we label low risk. A high score means the asset has structural characteristics that have historically preceded losses — not that fraud has occurred. These are automated, opinion-based indicators from public market and on-chain data — not statements of fact, financial advice, or allegations of wrongdoing.

Why is Zest Protocol flagged as low risk?

Zest Protocol's risk score is driven mainly by: supply structure — Only 14.6% in free float — most of the supply is not yet circulating, so the price is set by a small share of it and future releases could dilute holders; market cap risk — Market cap under $100M — mid-sized; large trades can still move the price; drawdown from all-time high — Down 48% from its all-time high — within normal speculative range.

Who controls Zest Protocol's supply?

On-chain data shows the top 10 holders of Zest Protocol hold 10.1% of the supply (burn and labelled exchange, staking and liquidity wallets excluded). This is shown for transparency and sits below our flag threshold.

Is Zest Protocol safe to buy?

FraudCoins.com does not give buy or sell recommendations, and no cryptocurrency is safe. Zest Protocol scores 22/100 (low risk) on our automated risk model. Always do your own research and never invest more than you can afford to lose.

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