ZARP · South African Rand (ZARP)South African Rand (ZARP)
ZARPINInves CapitalIssued by Inves Capital🇿🇦Rand (ZAR)Rand · South AfricaLaunched 2021#1 of 10 by supply
Measured 2026-11-07
Supply
$3.98M
65.70M ZAR
Holders
895
82 above dust · 1,487 ever
Transfer volume 30D
$6.50M
48,633 transfers
DEX volume 30D
$609.9k
1,777 swaps · TVL $97.3k
Peg · avg 30D
75 bps
latest -95.5 bps
Velocity 30D
1.6×
transfer volume ÷ supply
All time
Transfer volume
$70.33M
DEX volume
$20.54M
Minted
$4.11M
$548.7k burned · net $3.56M
Networks
4
Base, Ethereum, Polygon, Solana
Issuer & reservesfrom the issuer's own published materialsfrom the issuer's own published materials
INInves CapitalInves Capital
ZARP is a South African rand stablecoin run by ZARP Stablecoin (Pty) Ltd, acting as a representative of Inves Capital (Pty) Ltd. Tokens are created when issuing partners buy ZARP and destroyed on redemption; the rand reserves are managed by Old Mutual Wealth and attested by Kempen Audit. It runs on Ethereum, Polygon, Base, Solana and Gnosis Chain.
- Backing
- 1:1 rand cash reserves managed by Old Mutual Wealth, attested by Kempen Audit
- Regulator
- FSCA — Inves Capital (Pty) Ltd, FSP 53739; FSP/CASP licence pending, per issuer's FAIS disclosure
- Launched
- 2021
Reserves & attestations
Licence & compliance
Networks & contractssupply per network today · issuance all-timesupply per network today · issuance all-time
| Network | Contract | Supply ↓ | Share ↓ | Holders | Minted | Burned | Minted · burned 30D | Since |
|---|---|---|---|---|---|---|---|---|
 EthereumEthereum | 0xb755…0C04 | $2.41M 39.83M ZAR | 60.6% | 195 | $2.62M | $548.7k | $0 · $0 | 2023-03-31 |
 BaseBase | 0xb755…0C04 | $959.7k 15.85M ZAR | 24.1% | 416 | $931.6k | $0 | $1.6k · $0 | 2024-09-14 |
 PolygonPolygon | 0xb755…0C04 | $606.6k 10.02M ZAR | 15.3% | 74 | $564.4k | $0 | $0 · $0 | 2024-09-14 |
 SolanaSolana | dngKhB…k8rk | $0 0 ZAR | 0.0% | 210 | $0 | $0 | $0 · $0 | 2025-07-11 |
| GNGnosisGnosis | 0xb755…0C04 | — | — | — | — | — | — | — |
ZARP over timeSupply by network · monthly · USDSupply by network · monthly · USD
EthereumEthereumBaseBasePolygonPolygonSolanaSolanaDaily activityTransfer volume · last 36 days · all networksTransfer volume · last 36 days · all networks
total $6.99M
SolanaSolanaEthereumEthereumBaseBasePolygonPolygonPeg monitorDEX price vs official FX · basis points · 30DDEX price vs official FX · basis points · 30D
Shaded band = within ±100 bps (1%) of the official rate
| Stablecoin | Latest | Avg |dev| ↑ | Worst | Days >1% |
|---|---|---|---|---|
| ZARPZARP | -95.5 | 75 | +144.6 | 8/30 |
What it's used forvalue through each kind of counterparty · monthlyvalue through each kind of counterparty · monthly
DEX trading · other networksExchanges & off-ramps
Lifetime only (no history yet): Yield vaults $117.0k. See the Lifetime view.
Venues it moves throughvalue to and from each venue · monthlyvalue to and from each venue · monthly
Paj CashVALR
| # | Venue | Kind | Lifetime value ↓ | Share ↓ |
|---|---|---|---|---|
| 1 | Paj Cash | Offramps | $197 | 90.0% |
| 2 | VALR | Exchanges | $22 | 10.0% |
Mint & burnminted by network · monthlyminted by network · monthly
BaseBaseEthereumEthereumPolygonPolygonSolanaSolana| Issuer / signer | Network | Minted ↓ | Burned | Net | Events |
|---|---|---|---|---|---|
| Unlabelled signer | EthereumEthereum | $2.62M | $548.7k | $2.07M | 45 |
| Unlabelled signer | BaseBase | $931.6k | $0 | $931.6k | 58 |
| Unlabelled signer | PolygonPolygon | $564.4k | $0 | $564.4k | 2 |
| Unlabelled signer | SolanaSolana | $0 | $0 | $0 | 12 |
Holdersall networksall networks
Holders
895
82 above dust
Held
$4.50M
across networks
Top 10 hold
88%
$3.98M of $4.50M
Whales
7
hold 82% of value
Balance bands · addresses vs value
Whale7 addresses · 0.8%$3.69M · 82.0% of value
Large20 addresses · 2.2%$727.9k · 16.2% of value
Mid17 addresses · 1.9%$65.0k · 1.4% of value
Small38 addresses · 4.2%$16.8k · 0.4% of value
Dust813 addresses · 90.8%$3.1k · 0.1% of value
Addresses that ever held · all networks
Ever held
Largest holders
Transfer sizes30D · count vs value30D · count vs value
micro$0–1046.9% of transfers0.6% of value · $35.2k
small$10–10045.4% of transfers13.4% of value · $857.9k
mid$100–1,0006.0% of transfers12.3% of value · $783.2k
large$1,000–10,0001.5% of transfers22.3% of value · $1.42M
whale$10,000–100,0000.2% of transfers40.1% of value · $2.56M
mega$100,000+0.0% of transfers11.4% of value · $725.5k
Retention by cohortshare of each month's new addresses active again latershare of each month's new addresses active again later
| Cohort | Size | M0 | M1 | M2 | M3 | M4 | M5 | M6 | M7 | M8 | M9 | M10 | M11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-12 | 131 | 100 | 36 | 14 | 15 | 5 | 5 | 6 | 6 | 4 | 5 | 5 | 1 |
| 2026-01 | 129 | 100 | 26 | 14 | 8 | 8 | 6 | 12 | 7 | 10 | 10 | 5 | |
| 2026-02 | 39 | 100 | 36 | 8 | 3 | 8 | 13 | 10 | 5 | 5 | 3 | ||
| 2026-03 | 118 | 100 | 28 | 14 | 18 | 14 | 8 | 9 | 13 | 8 | |||
| 2026-04 | 76 | 100 | 32 | 26 | 18 | 8 | 13 | 14 | 8 | ||||
| 2026-05 | 96 | 100 | 34 | 18 | 9 | 10 | 9 | 3 | |||||
| 2026-06 | 108 | 100 | 19 | 6 | 8 | 6 | 2 | ||||||
| 2026-07 | 110 | 100 | 21 | 20 | 20 | 12 | |||||||
| 2026-08 | 62 | 100 | 35 | 23 | 13 | ||||||||
| 2026-09 | 135 | 100 | 40 | 13 | |||||||||
| 2026-10 | 261 | 100 | 35 | ||||||||||
| 2026-11 | 83 | 100 |
DEX tradingvolume by exchange · monthlyvolume by exchange · monthly
UniswapAerodromeJupiterDflowOkx_dex_routerMeteoraTitanOrca
Last 36 days, daily, by network
EthereumBaseSolana
| Exchange | Network | Lifetime ↓ | Swaps | Share ↓ | Active |
|---|---|---|---|---|---|
| Uniswap | Ethereum | $14.61M | 22,282 | 71.3% | 2023-04-03 → 2026-11-07 |
| Aerodrome | Base | $4.15M | 36,928 | 20.2% | 2024-10-08 → 2026-11-07 |
| Uniswap | Base | $1.28M | 31,551 | 6.3% | 2024-10-08 → 2026-07-14 |
| Uniswap | Polygon | $455.2k | 32,543 | 2.2% | 2024-10-07 → 2026-01-26 |
Pools · two-sided TVL
DEX & liquiditytwo-sided pool TVL · stablecoin-to-stablecoin pairstwo-sided pool TVL · stablecoin-to-stablecoin pairs
| Pair | DEX | Network | Swaps ↓ | Traders |
|---|---|---|---|---|
| ZARP ↔ cNGN | Aerodrome | Base | 2,989 | 1,023 |
Supply is minted minus burned per network, valued at that day's official FX rate. Transfer volume excludes mints and burns. DEX volume counts swaps in tracked pools; TVL counts both sides of each pool. Peg compares the volume-weighted DEX price with the official rate. Holders are addresses with a balance; dust is a balance under $1. Retention counts addresses active again in later months.