CDPs · Review
Zebra Protocol Review 2026: ZetaChain CDP
Zebra Protocol is described as a ZetaChain-based collateralized debt position (CDP) protocol that lets users deposit stZETA, ZETA or BTC to borrow zbrUSD. Key details about access, fees and risk controls are not published.
By the DappsAtlas editorial team · Updated
DappsAtlas score
—/10
Not rated
Our verdict on Zebra Protocol
Zebra Protocol may interest ZetaChain users seeking to borrow zbrUSD against stZETA, ZETA or BTC rather than selling those assets. Its main appeal is the range of stated collateral types. However, the homepage could not be verified, and key details—including fees, liquidation thresholds, custody arrangements and audits—are not published. With reported TVL of $1,359, liquidity may also be limited. Verify the interface and all borrowing terms before considering a deposit.
Score breakdown
How Zebra Protocol scores
- Security
- n/a
- Ease of use
- n/a
- Fees
- n/a
- Features
- n/a
Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.
What is Zebra Protocol?
Zebra Protocol is described as a liquid-staking and CDP project on ZetaChain. It allows users to collateralize stZETA, ZETA or BTC to borrow zbrUSD, with the stated aim of unlocking liquidity from those assets.
The project’s homepage could not be verified. It does not have a token listed in the project data, and details such as fees, collateral ratios, liquidation rules and team information are not published here. Its reported TVL is $1,359, so available liquidity may be limited.
How Zebra Protocol works
Zebra is described as a collateralized debt position protocol. A user deposits an eligible asset—stZETA, ZETA or BTC—and borrows zbrUSD against that collateral. As with other CDP systems, the collateral is intended to secure the debt; a fall in collateral value or failure to maintain required collateralization can put a position at risk of liquidation.
Public sources do not specify collateral ratios, liquidation thresholds, how BTC is represented on ZetaChain, or how zbrUSD maintains its value. Verify these mechanics and the current borrowing terms before using the protocol.
2 features
Key features
01
Collateralized borrowing
Users can deposit stZETA, ZETA or BTC as collateral to borrow zbrUSD, according to the protocol description.
02
ZetaChain deployment
The protocol is listed on ZetaChain.
Pros and cons
What we like
- The stated collateral options include stZETA, ZETA and BTC.
- Borrowing zbrUSD may let users access liquidity without selling collateral.
- The protocol is listed on ZetaChain.
Watch out for
- The project’s homepage could not be verified, making it difficult to confirm how users access the protocol.
- Fees, liquidation parameters, team details and supported wallet instructions are not published here.
- No audits are listed.
- The protocol’s reported TVL is low, which may limit liquidity and increase the difficulty of exiting positions.
Zebra Protocol fees
Fees are not published. Check the protocol interface and documentation for borrowing, repayment and liquidation costs before depositing collateral.
Is Zebra Protocol safe?
No audits are listed. The project does not publish key risk details here, including collateral ratios, liquidation thresholds, custody arrangements or how BTC is handled. These gaps make it difficult to assess contract and collateral risks.
Reported TVL is $1,359, which may indicate limited liquidity. Treat collateral deposits as high risk and verify the protocol’s current interface, documentation and operating status before using it.
4 steps
How to get started with Zebra Protocol
- 1
Find and verify Zebra Protocol’s official interface and documentation before connecting a wallet; its homepage could not be verified.
- 2
Confirm that the interface is operating on ZetaChain and that your wallet supports the required network.
- 3
Review supported collateral, borrowing terms, fees and liquidation rules before depositing any assets.
- 4
If the terms and interface are independently verified, connect a wallet and follow the protocol’s deposit and borrowing instructions.
Who Zebra Protocol is for
Zebra may be relevant to ZetaChain users who want to explore borrowing zbrUSD against stZETA, ZETA or BTC. It is a poor fit for anyone who needs clearly documented fees, liquidation terms or independently verified security information before depositing assets.
Zebra Protocol FAQs
What is Zebra Protocol?
Zebra Protocol is described as an LSD and CDP protocol on ZetaChain. It lets users collateralize stZETA, ZETA or BTC to borrow zbrUSD.
What collateral does Zebra Protocol accept?
The listed collateral types are stZETA, ZETA and BTC. Check the protocol’s current interface and documentation before depositing, as supported assets and terms may change.
Is Zebra Protocol safe?
No audit is listed, and details such as liquidation parameters, fees and custody arrangements are not published. Treat borrowing and collateral deposits as high risk until these points are independently verified.
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How we checked
Sources
Last updated . Spotted an error? Tell us and we will correct it.