Zerion
San Francisco, US · Founded 2003 · 14 employees on LinkedIn · 20 known investors
Zerion is a self-custodial, multichain wallet and data platform that aggregates assets and positions across 58+ blockchains in real time, offering swap routing, trading, and an API for wallet data access. The platform serves cryptocurrency users and developers building onchain applications.
Also known as Zerion Wallet · Zerion, Inc.
Founders & leadership
Zerion was founded in 2003 by Evgeny Yurtaev.
Investors · 20
Also in the syndicate · 5
Company profile
researched Aug 2026Zerion operates a self-custodial (non-custodial) crypto wallet and portfolio-tracking platform covering Ethereum, Solana, Tron and major EVM networks. The product is available as a mobile app for iOS and Android, a browser extension for Chrome, Brave, Firefox and Arc, and a web app that can connect existing wallets. Users can view aggregated balances across tokens, DeFi positions, staked assets and NFTs, review transaction history across EVM chains and Solana, and trade or bridge assets through smart routing across decentralized exchanges. The company markets coverage of 58+ chains and thousands of integrated protocols, along with features such as perpetuals and tokenized assets, copy trading, live market movers, realized and unrealized PnL in a Premium tier, and Ledger hardware-wallet support.
Alongside the consumer wallet, Zerion sells developer access to the same underlying data through the Zerion API (plus a CLI and an NFT API), which exposes real-time wallet portfolio, transaction and DeFi position data across supported chains without requiring customers to run their own indexing infrastructure. The company's site cites Uniswap and Kraken as API users. Earlier iterations of the product, described in 2016-2021-era coverage, focused on DeFi portfolio management with invest, pools, exchange, save and borrow features built on protocols including Compound, Maker, Uniswap, SushiSwap and Curve, and included fiat on-ramp purchases via card or European bank account.
Zerion also runs consumer-facing crypto-culture initiatives, including the Zerion DNA generative NFT collection that evolves with onchain activity, the Zoolini collectible collection, an "Exit Liquidity" publication, a creator program for crypto influencers and a Discord community. From late 2024 to 2026 it operated ZERϴ Network, a gas-free EVM-compatible Ethereum Layer 2, which it is winding down to concentrate on the wallet and API.
Founding story
Zerion was founded in 2016 by Evgeny Yurtaev (CEO), Alexey Bashlykov (CTO) and Vadim Koleoshkin (COO), launching as a portfolio management interface for decentralized finance with the stated aim of providing transparent, censorship-resistant access to crypto financial services and of making onchain assets manageable from a single app.
Business model
Zerion distributes a free self-custodial wallet and portfolio tracker to consumers and monetizes through a paid Premium tier, in-wallet trading and bridging (with routing across DEXes), and paid developer access to its data API and NFT API. It does not custody user funds, so revenue is not derived from holding client assets.
Consumer subscription (Premium features such as full transaction history and realized/unrealized PnL), trading/swap and bridge flows routed through decentralized exchanges, and API/data licensing to developers and companies building onchain applications.
Traction
The company reports more than 10 million wallets, a 4.8-star App Store rating, seven-plus years onchain and coverage of 4,500+ DeFi protocols on its current site. At the time of its 2022 Series B, Zerion reported 400,000 monthly active wallets across more than 150 countries, cumulative swap volume growth from $47M in 2019 to more than $1.5B, and over 60,000 Zerion wallets created holding more than $100M within six months of the wallet launch. Community figures cited include 66,000 Discord members on the current site (137,000+ on an earlier version) and 369,000+ Zerion DNA holders.
Latest developments
On 21-22 May 2026 Zerion announced it was gradually winding down ZERϴ Network, its gas-free Ethereum Layer 2, stating that user assets remain safe, that deposits into the network had been disabled, and that users should bridge ETH, tokens and NFTs out to Ethereum mainnet or other supported chains by late July. The company framed the closure as a strategic reallocation rather than a response to a security incident, saying it would double down on its multichain wallet and developer API. The current product also emphasizes Solana and HyperEVM support, perpetuals and tokenized assets, copy trading and a Premium tier.
▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies
Market position
Zerion positions itself as a wallet for experienced onchain users that combines portfolio tracking, multichain coverage and trading in one interface; it was named by The Information as one of the 50 most promising startups of 2022, and its API is cited as being used by Uniswap and Kraken.
Combines cross-wallet, cross-chain portfolio tracking (including wallets not created in Zerion) with in-app trading and bridging in a single transaction; breadth of chain and protocol coverage; published third-party security audits from firms including Cube53, Secfault Security, PeckShield and Trail of Bits, an Immunefi bug bounty, an open-source extension code base, and Ledger integration; NFT-based identity product (Zerion DNA) tied to onchain activity.
Technology
A multichain data and indexing layer that reads wallet positions across 58+ networks in real time and normalizes them into human-readable portfolio views, paired with swap routing that sources quotes from DEXes such as Uniswap, 1inch, Balancer and SushiSwap using DeFi SDK, an open-source library Zerion built for integrating with DeFi protocols. Transaction simulation and pre-signature safety checks are offered in the wallet, and the browser extension code base is open source. The same data layer is exposed externally as the Zerion API and NFT API. Zerion previously built and operated ZERϴ Network, an EVM-compatible, gas-free rollup.
Go-to-market
Direct self-serve distribution through mobile app stores, browser extension stores and the web app, supported by community channels (Discord with tens of thousands of members), NFT collections and a creator/influencer program, an in-house publication, and a developer funnel via API documentation, CLI and pricing pages.
Active crypto users, DeFi investors and NFT collectors who hold assets across multiple chains and wallets, plus developers and companies that need onchain wallet, transaction and DeFi position data via API.
Geography
Headquartered in San Francisco and operating globally; the non-custodial model has allowed service worldwide since inception, with users reported from more than 150 countries and a mobile app localized in 10 languages.
History
Founded in 2016 as a DeFi portfolio management interface, Zerion added token swaps to its web and mobile apps and grew trading volume from $47M in 2019 to over $1.5B by late 2022. It raised $8.2M in July 2021, launched its self-custodial wallet in May 2022 together with the Zerion DNA generative NFT, and closed a $12.3M Series B led by Wintermute Ventures in October 2022. In November 2024 it launched ZERϴ Network, a gas-free EVM-compatible Layer 2, and in May 2026 announced it was winding down that network to concentrate on the wallet and API, expanding the wallet meanwhile to Solana, Tron and other non-EVM and newer chains.
Risks & controversies
Zerion shut down its own Layer 2, ZERϴ Network, roughly 1.5 years after launch, citing that maintaining an independent blockchain was not the right path; users must bridge assets off the network by the end of July or risk congestion at the deadline. Coverage placed the closure in a wave of crypto infrastructure wind-downs (Everclear, Syndicate Labs, Fantasy.top) attributed to difficult market conditions and consolidation of liquidity and developers around a few large rollups. As a self-custodial provider, Zerion cannot recover user funds, and its portfolio tracking does not cover assets held on centralized exchanges.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Competitors · 10
by search overlap
Companies competing with Zerion for the same Google search keywords, organic and paid, via search-intersection analysis.
Timeline · 6
launches, deals, and filingsZerion announced it is gradually winding down Zero Network after about 1.5 years of operation, to focus resources on its wallet and API. Deposits into the network were disabled and users were asked to bridge ETH, tokens and NFTs out to Ethereum mainnet or other supported chains by late July; the company said user assets remain safe and that the decision was strategic rather than the result of a hack.
Zerion launched Zero Network, an EVM-compatible Ethereum Layer 2 rollup on which users could trade and move assets without paying gas directly in ETH.
Zerion announced the closing of a $12.3M Series B round led by Wintermute Ventures, with participation from Placeholder, Mosaic, Polymorphic Capital, Coinbase Ventures, Alchemy Ventures, 1inch Network's Sergej Kunz, Anton Bukov and Orest Gavryliak, Yunt Capital and Grégoire Le Jeune. web3 Studios acted as financial advisor. Proceeds were earmarked for wallet development.
$12.3M source ↗
Zerion launched its wallet product, accompanied by Zerion DNA, a generative NFT that evolves as users transact in their wallet. Over 60,000 wallets holding more than $100M were created within six months of launch.
Zerion raised $8.2M in July 2021, after which the team worked on turning its wallet product into a primary interface for Web3.
$8.2M source ↗
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
▸Research sources · 8
primary sources listed
- Zerionzerion.io · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Zerion do?
- Zerion is a self-custodial multichain crypto wallet and portfolio tracker with a developer API for onchain wallet data.
- Who founded Zerion?
- Zerion was founded by Evgeny Yurtaev in 2003.
- Who are Zerion's investors?
- Zerion's investors include Alliance DAO (ex DeFi Alliance), BitDAO, Digital Currency Group, Mantle Network, Mosaic Ventures, Placeholder VC, Polymorphic Capital, Signum Capital and 7 more.
- Where is Zerion headquartered?
- Zerion is headquartered in San Francisco, US.