How to Earn Zama ($ZAMA) on Phemex: A Complete Pre-TGE CandyDrop Guide

Zama’s public token auction is live, and interest around $ZAMA has picked up quickly. With mainnet already deployed on Ethereum and the token generation event scheduled for February 2, 2026, many see this as one of the most important privacy infrastructure launches of the year.

The Phemex CandyDrop offers a simpler way to earn $ZAMA before TGE.

Instead of navigating Dutch auctions, shielding stablecoins, or competing directly for allocation, you can earn $ZAMA by trading spot on Phemex. No auction bids. No new wallet setup. Just register, trade, and claim rewards.

Register Now for the ZAMA Candydrop

What Is Zama ($ZAMA)?

Zama is a cryptography company building the first production‑ready Fully Homomorphic Encryption (FHE) protocol for blockchain. FHE allows computations to be performed on encrypted data without decrypting it first, often described as the holy grail of cryptography.

The Zama Protocol is not a new Layer 1 or Layer 2. It is a confidentiality layer that sits on top of existing blockchains such as Ethereum, Arbitrum, and Base. Any token or smart contract can be converted into a confidential version without bridging.

The project has raised $130 million across two rounds, including a $57 million Series B at a valuation above $1 billion led by Pantera Capital and Blockchange Ventures. Previous investors include Multicoin Capital, Protocol Labs, Solana co‑founder Anatoly Yakovenko, and Ethereum co‑founder Gavin Wood.

Total supply: 11 billion ZAMA

TGE date: February 2, 2026

Public auction: January 21–24, 2026 (sealed‑bid Dutch auction)

Mainnet status: Live on Ethereum since December 30, 2025

Campaign Overview

Prize Pool: 1,000,000 ZAMA

Timeline:

• Registration Opens: January 21, 2026 — 10:00 UTC

• Event Starts: January 21, 2026 — 10:00 UTC

• Event Ends: January 24, 2026 — 10:00 UTC

• Airdrop: January 30, 2026 (distributed after ZAMA TGE)

Who Can Join: New and existing Phemex users (separate pools)

How Rewards Are Split

Rewards are divided equally between new and existing users:

Your reward depends on how many candies you earn through trading volume. More volume → more candies → bigger share.

Airdrop Calculation: (Your Candies / Total Candies of All Users) × 500,000 ZAMA

Maximum Reward: 2,000 ZAMA per user

How to Participate

Step 1: Register

Join the ZAMA Candydrop Now

Click the "Register" button on the event page. You must register before completing tasks to be eligible for rewards.

Important: Only users who have completed KYC verification are eligible. If you have not verified yet, complete KYC first. It usually takes only a few minutes.

Step 2: Trade Spot

Your eligible spot trades generate candies. All spot trading volume counts, regardless of the trading pair.

You can trade BTC/USDT, ETH/USDT, SOL/USDT, ZAMA/USDT, or any other supported spot pair.

Step 3: Receive Your $ZAMA

Rewards will be distributed on January 30, 2026 after the ZAMA TGE, proportionally based on your share of candies in your pool.

Candy Multipliers

The more you trade, the faster you earn. Each pool has a maximum of 50 candies per user.

New Users

Existing Users

New users get better entry thresholds. If you haven't traded on Phemex before, this is a great time to start.

Do I Need to Trade Specific Tokens?

No. There are no pair restrictions.

Trade BTC, ETH, SOL, ZAMA, or any other spot pair you're comfortable with. It all counts toward your candy allocation.

Why This Matters: Understanding Zama's Technology

Most blockchain privacy solutions force a trade‑off between privacy and composability. Zama removes that trade‑off.

Fully Homomorphic Encryption allows encrypted data to be processed without ever being revealed. Think of it as performing operations inside a locked box. You get correct results without exposing what is inside.

This enables confidential DeFi strategies, private stablecoin transfers, compliant privacy where data can be revealed when required, and encrypted AI workloads.

Zama’s mainnet launched on December 30, 2025 with the first confidential stablecoin transfer on Ethereum, proving that privacy can work on existing infrastructure.

Why CandyDrop Is Easier Than the Auction

Participating directly in Zama’s official auction requires shielding stablecoins, navigating a sealed‑bid Dutch auction, and competing with institutional participants. The clearing price is only known after the auction ends.

The Phemex CandyDrop removes that complexity.

You trade on a platform you already know. There is no shielding, no new wallet setup, and no competition with auction bidders. New users can start earning with as little as $20 in trading volume.

Token Utility

The $ZAMA token serves three core functions in the protocol:

Protocol Fees: Used to pay for encryption and decryption operations on the network. All fees are burned, creating deflationary pressure as usage grows.

Staking: Operators stake ZAMA to run and secure the confidentiality network. Staking is already live on mainnet.

Governance: Token holders participate in protocol parameter decisions.

Zama follows a burn-and-mint model: 100% of protocol fees are burned, while new tokens are minted to reward operators.

Key Dates to Watch

Quick FAQ

When exactly does trading count?

January 21, 2026 at 10:00 UTC through January 24, 2026 at 10:00 UTC.

Is KYC required?

Yes. Only users who have completed KYC verification are eligible to receive rewards.

When do I receive my $ZAMA?

January 30, 2026, after the ZAMA TGE. Rewards will be distributed within 14 business days after the event concludes.

Can I participate if I'm already bidding in Zama's official auction?

Yes. These are completely separate pools.

What if I'm a new user?

Even better — new users have lower volume thresholds ($20 vs. $50) and their own dedicated 500,000 ZAMA pool.

Do futures trades count?

No. Spot trades only.

What's the maximum I can earn?

2,000 ZAMA per user, regardless of how many candies you accumulate.

Can sub-accounts participate?

No. Sub-accounts are not eligible for participation. Multiple accounts verified under the same user identity will be considered a single account.

Terms & Conditions

• Participants must click the "Register" button on the event page before completing tasks

• Only KYC-verified users are eligible for rewards

• Rewards distributed within 14 business days after event concludes

• Bulk-registration, wash trading, self-dealing, and volume manipulation are strictly prohibited

• Market makers, businesses, and institutions are not eligible

• Affiliate accounts cannot join referral activities but can participate in trading activities

• Users from restricted regions may be unable to participate

Bottom Line

Zama represents one of the most significant infrastructure launches in crypto for 2026. With $130M raised, a $1B+ valuation, and mainnet already live on Ethereum, the project has serious momentum heading into its token generation event.

1,000,000 ZAMA is up for grabs. All you have to do is trade spot on Phemex between January 21–24.

New users can start earning with just $20 in volume. Existing users need $50. Three days, simple rules, real $ZAMA rewards before TGE.

Register for the ZAMA Candydrop Now

This campaign is subject to Phemex's terms and conditions. Cryptocurrency trading involves substantial risk of loss and is not suitable for all investors. The value of $ZAMA and other digital assets can fluctuate significantly, and you may lose some or all of your investment. Market prices are highly volatile and unpredictable. This content is for informational purposes only and does not constitute financial advice. Always conduct your own research before participating.