ZEC $1,246.7924H +1.04%CAP $21.21BRANK #10BLOCK 3,539,310GRANTS 144 ZEC PER DAYCOINHOLDER FUND 216 ZEC PER DAYISSUANCE 1,800 ZEC PER DAYPRICE AS OF 12:53 UTC 2026-11-02ZEC $1,246.7924H +1.04%CAP $21.21BRANK #10BLOCK 3,539,310GRANTS 144 ZEC PER DAYCOINHOLDER FUND 216 ZEC PER DAYISSUANCE 1,800 ZEC PER DAYPRICE AS OF 12:53 UTC 2026-11-02
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Supply and issuance

81.0%

of all the ZEC that will ever exist has already been issued. The rest arrives on a fixed, published schedule nobody can vote to change.

1,800
new ZEC a day
8% + 12%
of every block to grants and the coinholder fund
3.98M
ZEC still to be issued
753d
to the third halving
Allocation

Miners get 82.5% of all 21 million.

Split by the rule that applied in each era, from genesis to the last coin. It sums to exactly 21,000,000.

Every ZEC that will ever exist, to scale. White streams are still being paid; grey ones have ended.

  • Minersevery era, and all of it once the dev streams end82.50%17.32M
  • Founders Reward20% of every block until the first halving, Nov 202010.00%2.10M
  • Zcash Community Grants8% of every block since Nov 20203.00%0.63M
  • Electric Coin Company7%, Nov 2020 to Nov 20241.75%0.37M
  • Zcash Foundation5%, Nov 2020 to Nov 20241.25%0.26M
  • Coinholder fund12% since Nov 2025, directed by holder vote1.12%0.24M
  • Lockbox12%, Nov 2024 to Nov 20250.38%0.08M

The two dev-fund streams still paying, 8% to grants and 12% to the coinholder fund, stop at the third halving in November 2028. The Founders Reward is one bar: how it was split among founders, staff and investors was a company matter, not a protocol rule.

The curve

The last 4 million ZEC take decades. 99% is issued only by 2043.

Computed from Zcash's own rules, and it matches live circulating supply to within 0.02%.

Every ZEC issued, by date, 2016 to 2044.

07M14M21Mthe cap: no more, ever2016202420322040○ a halving, every four years17.02M today81.0% of the cap99% by 2043

Recomputed every 6 hours; last run 2 Nov 2026, 12:53 UTC.

The staircase

From Nov 2028, 900 new ZEC a day: half of today.

7,200 ZEC a day at launch, 1,800 today. Faster blocks (Blossom in 2019, NU7 planned for Nov 2026) cut the reward per block to match, so the daily amount holds.

New ZEC created per day, by date. It halves every four years.

02,0004,0006,0008,00020162020202420282032today7,2003,6001,800900450

From the protocol's issuance rules, as of 2 Nov 2026, 12:53 UTC.

Where the ecosystem's share goes

102K ZEC to grants since NU6.

At today's price that is $126.7M routed to community grants in under two years, against $23.3M budgeted across 192 projects in its entire history (openzcash.org, 23 Sep 2026). The other 12% began as a locked box; since NU6.1 it accrues to a fund the coinholders control.

ZEC routed to the 8% and 12% streams since NU6 (Nov 2024), to scale.

102K152K271K to come

Grants 102K · lockbox and coinholder fund 152K · still to come by Nov 2028 271K

Accruals, not balances: what each fund has paid out is not claimed here. As of block 3,539,310, 2 Nov 2026, 12:53 UTC.

Context

ZEC is 3.0 times its price a year ago.

Price is not what this page is about, but it is why the numbers above suddenly matter: the same 8% of issuance is worth 3.0 times what it was a year ago. Markets has the rest.

ZEC price, daily, last 12 months.

$0$500$1,000$1,500$2,000Jan2026AprJulOctETF, 25 Aug$1,653$1,247 now

From CoinGecko, as of 2 Nov 2026, 12:53 UTC.