ZAMA's price declined roughly

↘8%

over the past 24 hours despite a roughly

↗50%

monthly gain, with 1.7 times more sellers than buyers over the past day.

Trading activity declines amid forced closures

Trading volume declined roughly

↘72%

over the past week while rising roughly

↗22%

over the past 24 hours, as forced closures of long positions totaled approximately $73M over the past 24 hours.

Investor positions contract

Investor positions in futures contracts declined roughly

↘3%

over the past 4 hours while the broader Ethereum Ecosystem category saw positions expand roughly

↗0.5%

over a similar period.

Protocol value remains elevated

Funds deposited in the protocol reached approximately $85M as of the latest snapshot, roughly 2.4 times the asset's market value, indicating strong underlying protocol activity despite recent price weakness.