BOB vaults
About zkBob BOB
BOB is a privacy-focused stablecoin created by zkBob, built using zero-knowledge proofs. It enables private transactions on Ethereum and Polygon while maintaining compliance features. BOB is fully collateralised by USDC and deployed across multiple EVM chains at the same address.
BOB is issued by zkBob, a privacy-preserving transfer protocol that uses zero-knowledge proofs (based on Zcash's Sapling circuit adapted for EVM). The stablecoin is designed to allow users to make shielded transactions while retaining optional compliance capabilities such as account linking and KYC flags.
Mechanism
- Fully collateralised by USDC (1:1 backing)
- Privacy via zk-SNARKs: shielded pool hides sender, receiver, and amount on-chain
- Same contract address deployed across Ethereum, Polygon, Optimism, Arbitrum, and BNB Chain
- Optional compliance: pool operators can require KYC or compliance checks
Status
Active but niche. Low circulating supply (~20,000 BOB on Ethereum as of early 2026) suggesting the product is used primarily within the zkBob application's shielded pool.
Sources
Filters
Display
Hide vaults
Performance and risk
The vaults on the listing are limited to the current category. See all vaults.
| 3M price |
|---|
Stay ahead with the best new vaults and essential DeFi updates.
Subscribe to Trading Strategy newsletter