
24h high
$0.005876
24h low
$0.001018
24h vol (SAPLING)
159.72M
24h vol(USDT)
708.08K

Sapling is a meme coin launchpad on Solana built around a Zcash (ZEC) backing mechanism called 'roots.' A 0.5% fee on every trade is deposited into each token's ZEC vault, and holders can burn their tokens at any time to redeem their proportional ZEC share. Each burn is simultaneously recorded as a shielded transaction on Zcash mainnet. The name also references the Zcash Sapling protocol upgrade, which introduced efficient zero-knowledge proofs for private transactions.