zkSwap Finance
ZF
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
zkSwap Finance (ZF) is undergoing a complete, orderly protocol shutdown announced on August 18, 2026, and scheduled for full termination on September 30, 2026. Data gaps exist for Active Development and Community Support as all official repositories, development pipelines, and social channels (X, Discord, Telegram, GitHub) are being decommissioned, preventing standard evaluation in those categories. In Tokenomics (2.5/10), undistributed supplies have been burned and utility mechanisms are ceasing as the token transitions into a residual asset. Market metrics (2.0/10) reflect severe collapse, with daily volumes under $7K and a 99.8% unrecovered drawdown from its all-time high. Team and Governance (2.5/10) reflects unilateral wind-down decisions by founder Ryan Yang and pseudonymous co-founders with zero ongoing operational support. In Security and Audit History (2.0/10), verified multi-auditor history (CertiK, Bail Security, Cyberscope) and timelock controls are noted, but all ongoing operational security, monitoring, and interface maintenance are terminating alongside voluntary delisting requests. The confirmed project shutdown constitutes terminal project abandonment: "A public shutdown notice on August 18, 2026, scheduled full project termination for September 30, 2026."
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About zkSwap Finance (ZF)
zkSwap Finance (ZF) is a deprecated decentralized exchange token that entered a permanent protocol shutdown scheduled for full termination on September 30, 2026. Launched primarily on zkSync Era, with additional deployments on Monad and Sonic, zkSwap Finance operated as an automated market maker and Swap2Earn decentralized exchange (DEX). The native ZF token was designed with a fixed maximum supply of 1 billion tokens, serving utilities such as staking, governance participation, and fee settlement.
The protocol was founded by Ryan Yang alongside pseudonymous co-founders. Its technical infrastructure incorporated operational security mitigations, including 24-hour and 48-hour Timelock Controllers and multisig wallet management for treasury and team funds. Smart contracts underwent audits by multiple third-party security firms, including CertiK, Bail Security, Cyberscope, SolidProof, and Vital Block, while tokenomics historically included burn mechanisms derived from unstaking fees and buybacks.
On August 18, 2026, the team announced a complete wind-down of operations, halting staking rewards, burning remaining undistributed token supply (~20% of total supply), and instructing users to withdraw all liquidity and staked assets. As part of the termination, the team requested voluntary token delistings from exchanges including Gate.io and Biconomy, alongside the decommission of official websites, GitHub repositories, and social channels. The token suffered an unrecovered price crash of approximately 99.8% from its March 2024 peak of $0.08972, leaving ZF as an illiquid residual asset without active development or governance maintenance.