
Horizen
ZEN#179ZEN is the token of Horizen, a former privacy coin that is now a privacy-focused layer-3 network on Base with DAO governance and staking.
- Market cap
- $110.89M
- Volume 24h
- $14.18M
- All-time high
- $168.15
- −96.42% from ATH
- Circulating supply
- 18.41M of 21M
Is Horizen halal?
Our verdict on 8 Shariah criteria, with confidence, explanations and sources.
- Interest (riba)
- Nature of the asset
- Gambling (maysir)
- Business model
- + 4 more criteria
How attractive is Horizen today?
About Horizen
ZEN is the token of Horizen, a former privacy coin that is now a privacy-focused layer-3 network on Base with DAO governance and staking.
Horizen started in 2017 as a fair-launch privacy coin with its own blockchain and no ICO. It has since changed course: ZEN is now an ERC-20 token on Base, the Ethereum layer 2 developed by Coinbase, and Horizen itself is a layer-3 network on Base. Its aim is private on-chain execution for traders, funds and businesses, using a confidential coprocessor called Vela.
ZEN is the governance token of the Horizen DAO. Since July 2026 holders can stake ZEN on Horizen mainnet with no lock-up. Staking no longer secures the network; the rewards pool is meant to collect DAO funds, returns on DAO liquidity, a share of fees from ecosystem apps and sequencer fees. Horizen says these inputs are still small because many apps are not live yet.
Supply is capped at 21 million ZEN, of which about 18.4 million were circulating in October 2026. In August 2026 Horizen offered up to $150,000 each to teams building private trading vaults and a private borrow-lend protocol.
Sources · 7
AI-assisted analysis checked against sources. Not a fatwa or investment advice.
Key facts
- Consensus
- Hosted by a company
- Max supply
- 21,000,000 ZEN
What it is used for
- Governance votes in the Horizen DAO
- Staking for a share of ecosystem revenue
- Spot trading and self-custody on Base
Market data
- Market cap
- $110.89MRank #179
- Fully diluted value
- $126.51MAt 21M ZEN
- Volume 24h
- $14.18M12.79% of market cap
- Total supply
- 21M ZENIssued so far
- All-time high
- $168.15May 8, 2021 · −96.42%
- All-time low
- —
- Circulating supply
- 18.41M ZEN87.6% of max supply
- Max supply
- 21M ZENFixed by protocol
Where it trades
9 exchanges from our coverage · no referral links
BybitCentralized · ZEN/USDTVolume 24h$222.88KReliability7.1Halal productIslamic account
BinanceCentralized · ZEN/USDTVolume 24h$2.84MReliability6.7Halal productShariah-compliant earn
OKXCentralized · ZEN/USDTVolume 24h$227.47KReliability6.7Halal productNo halal product
Coinbase ExchangeCentralized · ZEN/USDVolume 24h$109.31KReliability6.6Halal productNo halal product
WhiteBITCentralized · ZEN/USDTVolume 24h$1.36MReliability5.7Halal productNo halal product
KuCoinCentralized · ZEN/USDTVolume 24h$105.27KReliability5.6Halal productNo halal product
BitgetCentralized · ZEN/USDTVolume 24h$153.64KReliability5.0Halal productNo halal product
MEXCCentralized · ZEN/USDTVolume 24h$181.78KReliability4.7Halal productNo halal product
PionexCentralized · ZEN/USDTVolume 24h$353.93KReliability4.0Halal productNo halal product
No exchanges match this filter
Listings as of Oct 13, 2026
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