VFY
$0.05

zkVerify (VFY) Price

$0.05
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zkVerify (VFY) Price Today

The live price of zkVerify is 0.05 USD. In the past 24 hours, the trading volume of zkVerify was 8,928,041.52 USD, up by 0.54%. The current price has decreased by -28.81% from its 7-day high of 0.20 USD, and increased by 0.05% from its 7-day low of 0.05 USD. With a circulating supply of 1,000,000,000.00 zkVerify, the market cap of zkVerify is currently -- USD, down by 0% in the last 24 hours. zkVerify currently ranks #1279 by market capitalization among cryptocurrencies.

zkVerify (VFY) Market Data

Market Cap
$18.3M
24h Volume
$8.9M
Circulating Supply
306.1M VFY
Maximum Supply
1B VFY
Fully Diluted Market Cap
$59.7M
Liquidity Indicator
48.76%
About
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FAQ

About zkVerify (VFY)

How can I buy zkVerify (VFY)?

Buying zkVerify (VFY) on BingX is simple and secure. Create an account, deposit USDT or another supported asset, and purchase zkVerify (VFY) directly in the Spot Market. The tokens will then appear in your BingX Spot Wallet, ready for trading or transfer at anytime. Discover How to Buy VFY Guide for more information.

What Is zkVerify (VFY) and How Does It Work?


zkVerify (VFY) is a modular blockchain designed to make zero-knowledge (ZK) proof verification faster, cheaper, and easier. Instead of burdening existing blockchains or dApps with heavy cryptographic computations, zkVerify provides a dedicated verification layer where proofs can be submitted, validated, and recorded securely.

The network uses the VFY token as its core utility. Users pay verification fees in VFY, while validators and stakers secure the chain and earn rewards. VFY also powers governance, giving the community a voice in protocol upgrades and economic decisions. With a fixed total supply of 1 billion tokens, zkVerify aligns incentives for developers, validators, and long-term supporters.

By supporting multiple proof systems like Groth16, Plonky2, and UltraPlonk, zkVerify ensures flexibility and interoperability for builders across ecosystems. Its Substrate-based design and Nominated Proof-of-Stake (NPoS) consensus allow the network to process verifications with high speed and low cost, making zkVerify a critical infrastructure layer for scaling Web3 applications.

When Did zkVerify Launch?


zkVerify is a project incubated by Horizen Labs, with Rob Viglione serving as co-founder and CEO. The development began in late 2023, and zkVerify’s public testnet went live in March 2024. The team has stated that the protocol aims for its mainnet launch and TGE in Q1 2025.

zkVerify Roadmap Highlights


• 2023 Q4: Project inception and planning, architecture design

• 2024 Q1: Launch of testnet and initial developer tooling

• 2024 Q4 → early 2025: Hackathons, ecosystem building, integrations (e.g. Arbitrum integration)

• 2025 Q1: Mainnet launch and Token Generation Event (TGE)

• Post-launch: Validator activation, staking, ecosystem growth, further cross-chain integrations and feature expansions

What Is the VFY Token Utility?


The VFY token powers the zkVerify ecosystem as its native utility asset. It is used to pay fees for submitting and verifying zero-knowledge proofs, ensuring the network remains efficient and cost-effective.

Validators and stakers earn VFY rewards for securing the chain, while holders can participate in governance to influence protocol upgrades and economic policies. The token also underpins ecosystem incentives, encouraging developers and partners to integrate zkVerify’s verification services.

On BingX, you can trade VFY tokens seamlessly on the spot market. Simply deposit USDT, search for the VFY/USDT trading pair, and place buy or sell orders directly on the exchange interface.

What Is zkVerify Tokenomics?


The total supply of VFY is fixed at 1 billion tokens, with around 37% entering circulation at launch.

VFY Token Allocation


• Community – 37.31% (373,064,875 VFY): 29% unlocked at TGE, remaining vested monthly over 48 months starting after 12 months

• Foundation – 33.06% (330,635,125 VFY): 60% unlocked at TGE, remaining vested monthly over 24 months beginning at TGE

• Core Contributors – 19.63% (196,300,000 VFY): 0% at TGE, vested monthly over 12 months beginning after 12 months

• Investors – 10% (100,000,000 VFY): 0% at TGE, vested monthly over 12 months beginning after 12 months

How to Claim zkVerify Airdrop


The zkVerify airdrop is part of the Incentivized Testnet (ProofPoints) campaign, rewarding early users who helped test and shape the network ahead of mainnet and token launch. Thousands of participants earned ProofPoints by completing governance tasks, on-chain interactions, technical challenges, and community games.

Phase 1 of the $VFY claim begins on September 30, 2025, following a snapshot taken on September 23, 2025. Eligible users from this snapshot can start claiming their tokens at mainnet launch. A second snapshot on October 14, 2025 will cover additional categories, including Social and Onboarding tasks, for Phase 2 of the claim.

How to Claim Your VFY Tokens


• Connect your wallet, e.g., Polkadot.js or compatible Web3 wallet, to the official zkVerify claim dashboard

• Switch your network to zkVerify Mainnet

• Check eligibility if you completed ProofPoints tasks before Sept 23, 2025 for Phase 1

• Eligible task categories: Governance Tasks, On-Chain Activities, Technical Challenges, Lemonade Stand Game

• Claim your VFY allocation once the claim portal goes live on September 30, 2025

• For Phase 2 after October 14, 2025, complete additional tasks such as Social campaigns, Onboarding, and Games to secure further rewards

Important: Attempting to verify eligibility before the claim portal goes live may show no data. Always follow the official instructions and review the Terms and Conditions.

Learn more about how to claim zkVerify airdrop in our comprehensive guide.

How Does zkVerify Compare with Other Zero-Knowledge (ZK) Projects?


zkVerify vs. zkSync


Where zkSync is a Layer-2 rollup over Ethereum that handles execution + proof generation + submission to Ethereum, zkVerify instead focuses purely on proof verification as a modular infrastructure layer. zkSync’s model bundles user transactions into proofs and posts them to Ethereum for verification. In contrast, zkVerify can accept proofs from various chains or rollups and verify them in a dedicated network, reducing the burden on those chains and lowering cost.

zkVerify vs. Polygon zkEVM


Polygon’s zkEVM implements a compatibility-focused ZK rollup that aims to run EVM smart contracts natively with minimal code migration friction. ts value proposition emphasizes developer friendliness and EVM equivalence. zkVerify, in contrast, is not a full rollup or execution layer; it’s a verification layer for proofs itself, supporting proof systems and delegating execution to other chains. This specialization enables zkVerify to scale proof verification across ecosystems without being constrained by EVM compatibility trade-offs.

What Blockchain Network Does zkVerify Operate on?


zkVerify operates as its own dedicated blockchain network, built on the Substrate framework and secured through Nominated Proof-of-Stake (NPoS) consensus. Unlike general-purpose blockchains, zkVerify is a specialized modular layer designed solely for zero-knowledge proof verification, enabling other blockchains, rollups, and applications to offload their proof checks to a faster, cheaper, and more scalable environment.

Which Wallets Support VFY Tokens?


The easiest and most secure way to store your VFY tokens is directly on BingX. By keeping VFY in your BingX account, you can access instant trading, quick deposits and withdrawals, and advanced portfolio management tools without needing extra setup. This option is ideal if you plan to trade VFY frequently on the BingX spot market.

For users who prefer self-custody, VFY tokens can also be stored in compatible Web3 wallets such as MetaMask, Trust Wallet, and other wallets that support custom token integration. By adding the zkVerify network and importing the VFY contract address, you maintain full control of your private keys and can interact with dApps or staking features. This option suits long-term holders or those participating in on-chain governance and ecosystem activities.

Is zkVerify (VFY) a Good Investment?


zkVerify (VFY) stands out as a strong investment opportunity because it addresses one of the most critical bottlenecks in blockchain scalability: the high cost and complexity of zero-knowledge proof verification. By offering a specialized, proof-agnostic verification layer, zkVerify reduces latency and expense for dApps, rollups, and entire ecosystems, making it a vital piece of Web3 infrastructure.

The VFY token underpins this model by powering fees, staking, and governance, while its structured tokenomics and long-term unlock schedules aim to ensure sustainability. With growing adoption of ZK technology across Ethereum, Layer-2s, and modular blockchains, zkVerify is positioned to capture rising demand for efficient verification, offering both utility and long-term growth potential.

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