Are ZEC transactions adding value to the shielded pool or taking it out?

Whether privacy demand is shielding new value or spending it back out.

Status: OK
Confidence: low
As of: 2026-10-08T10:50:02.000Z
Method: Method
Feed: zcash-shield-direction.json

0.18%

Net share of transactions adding value to the shielded pool

Into the pool 1.32%. Out of the pool 1.13%. Prior net 0.89%.

Into the pool 1.32%

Out of the pool 1.13%

Share of non-coinbase transactions. The headline is into the pool minus out of the pool. Prior net 0.89%. Blocks 3509937–3510537.

Method

Blockchair's free Zcash transaction feed, over a recent block span and, when that window also clears the minimum, one about 30 days earlier. A positive shielded value delta is value entering the pool. A negative delta is value leaving. Coinbase is excluded. Each remaining transaction weighs the same, so a large deshield is not a larger share than a small one.

The headline is the share moving in minus the share moving out. This is not the shielded pool's share of ZEC stock. That stock is not on this feed and is not invented.

Method URL /onchain/zcash-shield-direction/#method

Sources

Blockchair Zcash transactions

Limitations

A positive shielded value delta counts as value entering the pool. A negative delta counts as value leaving. A shielded transaction with a zero delta counts as neither.
Each non-coinbase transaction weighs the same. A large deshield is not a larger share than a small one. Notionals are not published.
This is activity in a bounded Blockchair sample, not the shielded pool's share of ZEC stock.
Coinbase (issuance) is excluded from both sides.

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