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Its core mechanism is described as “value goes in seen” and “comes out clean”: users shield assets to enter and prove to leave. Each trade pays a fee into the shielded pool, increasing the value represented by shares held inside it. The system presents this relationship through a shielded ratio showing backing per share, alongside information about total shares and fees.

The site also provides monitoring and verification tools for the protocol. Its interface includes a relayer, verifier, and indexer, as well as views for the reserve, shielded backing, total supply, and the turnstile check that compares these values. A tree view summarizes notes, while a spends section tracks nullifiers, spent notes, the anonymity set, and changes in backing. Together, these features present z/p as a privacy-focused token system with publicly inspectable accounting and activity data, while keeping individual note details sealed.