Top: cumulative net ZEC in the transparent pool over time. Bottom: daily inflow (deshielding from all shielded pools) and outflow (shielding into any pool) lines. The transparent pool is the inverse of the shielded pools — when ZEC moves from transparent to shielded, it leaves this pool.
Transparent Volume / Day was 789,984 ZEC on 2026-10-10, the last full day of data. That is 50.9% lower than 28 days ago, when it was 1.61M ZEC.
🔗 permalink ⇆ compareThe upper panel is how much ZEC sits in the transparent pool; the lower is how much moved in and out each day. A balance is a stock and a flow is a rate. Reading one as the other is the mistake this chart most invites. A falling balance with healthy flow in both directions is turnover; a falling balance with no flow is abandonment. They look the same on the top panel alone.
Both sides are exact, not estimated. Value entering or leaving a shielded pool crosses the transparent turnstile and is counted by consensus, which is why these numbers can be stated precisely while nothing about the holders can be. What stays hidden is everything inside: who, how much each, and moving to whom.
This one runs backwards from the others. Its inflow is DEshielding -- value coming out of a shielded pool -- and its outflow is shielding. So a rising transparent balance is the shielded set losing ground, and it is the mirror image of the pool balances rather than another line beside them.
For all pools on one axis see shielded pool balances, or net flows compared for the same question asked of direction alone.