Zephyr Stable Dollar (ZSD) stablecoin analytics
Answer First
What is Zephyr Stable Dollar (ZSD)?
ZSD is Zephyr Protocol's dollar stablecoin on a Monero-derived private chain, minted from ZEPH base-coin collateral through a Djed-inspired reserve mechanism. The static profile records its US Dollar peg mechanism as: Users mint or redeem ZSD against ZEPH through Zephyr's Djed-inspired reserve mechanism, with oracle pricing and reserve-ratio constraints maintaining the dollar target
Is ZSD safe?
ZSD holds a C Safety Score grade (58/100) in Pharos's latest published rating — a middle-tier grade that meets baseline expectations but carries meaningful weaknesses, so Pharos does not consider it clearly safe. Static metadata says Zephyr Stable Dollar uses a Decentralized (DeFi) governance model and Crypto-Collateralized backing, with Self-Reported PoR from Zephyr Scanner; the main caveat is that no direct freeze-control signal is recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Static Profile
Static stablecoin profile
Zephyr Stable Dollar (ZSD) static profile: governance model Decentralized (DeFi); backing model Crypto-Collateralized; peg US Dollar.
AI summary / Updated Sep 7, 2026
Zephyr Stable Dollar is a Djed-inspired algorithmic dollar on Zephyr's Monero-derived private chain, minted and redeemed against the protocol's native ZEPH reserve with reserve-ratio constraints intended to preserve overcollateralization. Pharos sources ZSD supply and the reserve ratio from Zephyr's own scanner API, since the chain is not a supported contract path, and keeps the reserve slice high risk because the backing asset is volatile native ZEPH. The reserve has recently reported several times the ZSD...
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
Sources: Zephyr reserve snapshots API
- Collateral
- ZEPH base-coin collateral held by the Zephyr Protocol reserve; the protocol targets overcollateralization before allowing new ZSD minting
- Peg Mechanism
- Users mint or redeem ZSD against ZEPH through Zephyr's Djed-inspired reserve mechanism, with oracle pricing and reserve-ratio constraints maintaining the dollar target
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- Self-Reported PoR by Zephyr Scanner Reserve source
- Contracts
- No contract deployments are listed in the static profile.
Next Actions
Exact bot target: /subscribe dews,depeg,safety zsd-zephyr-protocol
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Sep 7, 2026.
ZSD quick answers
What is Zephyr Stable Dollar (ZSD)?
ZSD is Zephyr Protocol's dollar stablecoin on a Monero-derived private chain, minted from ZEPH base-coin collateral through a Djed-inspired reserve mechanism. The static profile records its US Dollar peg mechanism as: Users mint or redeem ZSD against ZEPH through Zephyr's Djed-inspired reserve mechanism, with oracle pricing and reserve-ratio constraints maintaining the dollar target
Is ZSD safe?
ZSD holds a C Safety Score grade (58/100) in Pharos's latest published rating — a middle-tier grade that meets baseline expectations but carries meaningful weaknesses, so Pharos does not consider it clearly safe. Static metadata says Zephyr Stable Dollar uses a Decentralized (DeFi) governance model and Crypto-Collateralized backing, with Self-Reported PoR from Zephyr Scanner; the main caveat is that no direct freeze-control signal is recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs ZSD?
Pharos classifies ZSD backing as Crypto-Collateralized. Collateral, per the static profile: ZEPH base-coin collateral held by the Zephyr Protocol reserve; the protocol targets overcollateralization before allowing new ZSD minting Reserve evidence: Self-Reported PoR from Zephyr Scanner.
Can ZSD be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, no direct freeze-control signal is recorded. Live freeze and blacklist events for ZSD, when applicable, appear in the dossier below.
