# Can ZBT Become a DeFi Privacy Breakthrough?

Recently, I’ve been researching zero-knowledge proof projects and found ZBT to be quite interesting.

**A quick overview of the current market data**:
- Current price around $0.09
- Circulating market cap: $20M, FDV: $90M (total supply 1 billion, circulating 220-240 million)
- Daily trading volume fluctuates between $50M-$100M
- Listed on major exchanges such as a leading exchange, our platform, KuCoin, Bybit
- Locked-up amount approximately $500M (early data), with room for growth

**Why is this direction worth watching?**

ZK technology fundamentally addresses a longstanding challenge—the inherent conflict between privacy and compliance. The DeFi market has already surpassed a trillion dollars, but the core reason institutional funds can’t flow in is stuck here: data privacy leaks and regulatory scrutiny.

Based on on-chain data analysis and industry reports, the entire DeFi market exceeds a trillion dollars, but only 10%-20% of institutional funds actually flow in. The key issue is unresolved privacy and compliance problems. The RWA (Real-World Asset) sector is even more exaggerated; the speed of real assets being tokenized is rapid, but once on-chain, they face the shackles of privacy and compliance.

If solutions like ZBT can truly protect privacy while meeting regulatory requirements, then the growth potential in the next few years is significant. However, the risk lies here—privacy coins face different policy environments across regions, and future regulatory attitudes will be the biggest variable.