ZKsync 

ZK Price

What is the ZKsync coin?

ZKsync is an Ethereum Layer-2 scaling network built by Matter Labs using zero-knowledge (ZK) rollups. The network batches transactions off Ethereum and posts validity proofs back to Ethereum mainnet, reducing fees while inheriting Ethereum security. The Elastic Network framework chains multiple interoperable ZK rollups, called ZK Chains. The ZK token launched on June 17, 2024 as the governance asset of the ZKsync Token Assembly. DropsTab classifies the asset under Layer-2 and Blockchain.

Who founded ZKsync?

Matter Labs, the company behind ZKsync, was co-founded by Alex Gluchowski and is based in Berlin. Development of the zero-knowledge rollup stack began in 2019. Matter Labs funded the work through five venture rounds raised between September 2019 and November 2022.

How do ZKsync Era and zkSync Lite differ?

zkSync Lite is the payments-focused original, live on Ethereum mainnet since July 2020. ZKsync Era is the general-purpose zkEVM rollup, formerly zkSync 2.0, renamed in February 2023; Era supports smart contracts and hosts DeFi applications. Both chains use zk-rollup validity proofs. The ZK Stack framework extends Era into the Elastic Network of chained ZK Chains.

What is the ZK token used for?

ZK is the governance token of the ZKsync Token Assembly. Holders vote on protocol upgrades, treasury allocations, and ecosystem decisions across the ZKsync network. ZK is a token native to the ZKsync Era rollup rather than a standalone layer-1 coin.

How is ZK's supply allocated?

ZK has a fixed maximum supply of 21 billion ZK, equal to its total supply per DropsTab data. Five buckets split the allocation: Token Assembly 29.3%, Ecosystem Initiatives 19.9%, Airdrop 17.5%, Investors 17.2%, and Team 16.1%. The token contract on ZKsync Era, 0x5a7d6b2f92c77fad6ccabd7ee0624e64907eaf3e, is verifiable on the ZKsync Era block explorer.

What does ZK's unlock and vesting schedule mean for investors?

Insider unlocks are the dominant structural sell pressure on ZK. Team and Investor tokens follow identical schedules: a one-year cliff after the June 17, 2024 TGE, then linear monthly unlocks on the 17th. Per DropsTab vesting data, the combined monthly insider release is roughly 172.9M ZK, about 0.82% of total supply, and both schedules complete in June 2028. The Airdrop bucket unlocked in full at TGE.

Did ZK launch through an ICO or the ZKsync airdrop?

ZKsync distributed ZK through an airdrop at the token generation event on June 17, 2024, releasing the full 3.675B ZK Airdrop allocation (17.5% of supply) at once. No public sale preceded the launch, so no ICO price exists for the token. Airdrop-checker tools from the June 2024 distribution are historical records.

Which community programs has ZKsync run?

DropsTab activity records list two completed programs. zkSync Ignite began on January 6, 2025 and distributed 325,000,000 ZK to grow DeFi liquidity on ZKsync Era. The ZKsync Community Program started on March 7, 2025: a six-month contributor initiative funded with 5,000,000 ZK by the ZKsync Foundation and distributed via Gitcoin. Both programs have ended.

Who backed ZKsync and how much did Matter Labs raise?

Per DropsTab fundraising data, Matter Labs raised $458M across five rounds. The $200M Series C on November 16, 2022, carried a $1.25B valuation and was co-led by Blockchain Capital and Dragonfly per Matter Labs' announcement. a16z led the $50M Series B in November 2021. Placeholder led the $2M seed round in September 2019, and a16z, Dragonfly, 1kx, Coinbase Ventures, and USV appear across multiple rounds.

On which exchanges can ZK be traded?

Per DropsTab data, ZK trades on more than 25 centralized venues, with spot pairs on Binance (ZK/USDT, ZK/USDC), Coinbase (ZK/USD), Kraken (ZK/USD, ZK/EUR), Upbit (ZK/KRW), OKX, Bybit, and Gate. Perpetual futures run on roughly a dozen venues, including Binance Futures, OKX, Bybit, Hyperliquid, and Kraken Futures. DropsTab records no DEX pairs: ZK is native to the ZKsync Era rollup, so on-chain trading happens inside that ecosystem's own venues.