Two Weeks In
A short look back at the first two weeks of ZenSats in production, with a few real numbers from the vault database.
ZenSats went live on March 25, 2026, so this is the first quick look back. We also made it onto DefiLlama, which was a nice early milestone.
This is still very much a small, one-depositor beta, so the interesting part is not TVL. The interesting part is whether the machinery is doing what it is supposed to do.
- Headline PPS has moved up 1.13% in WBTC, 0.84% in wstETH, and 0.43% in XAUT, but that is not pure strategy performance because the vault uses virtual shares and the early deposits mechanically inflate PPS.
- Across the three vaults, the system has recorded 1,119 hourly snapshots, 21 harvests, and 6 rebalances.
- Rebalances have been active where expected: 2 in WBTC, 4 in wstETH, and 0 in XAUT so far.
- Using the backend's yield-only snapshot math, estimated vault-generated profit so far is about 0.00034 WBTC, 0.00146 wstETH, and 0.000037 XAUT.
So for now, the better read is operational rather than promotional: snapshots are coming in, harvests are landing, rebalances are firing when needed, and the strategy balances are still modestly ahead of debt across the live vaults.
The pmUSD/crvUSD pool is still the main thing to watch. Right now both assets are trading around $1.00 on CoinGecko: PMUSD and crvUSD. crvUSD has stayed tight, while PMUSD has shown a wider quoted range, so that is still a live area to monitor even though the vault accounting has been behaving as expected.
Short version: the vaults are live, the loop is running, the harvests and rebalances are happening, and the first two weeks have given us a useful baseline to improve from.