Horizen

ZENMonetary / store-of-value✓ verified

scored from the board run of 2026-10-08. zencash. Run a live analysis

🏷️ No protocol revenue expected; judged on scarcity, decentralized accumulation, and adoption.

19.2/100

D (avoid)

coverage 44%, medium confidence, 100% tier-stable, rank #12/12

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Compare with other tokens

Price

$6.95

Market cap

$127.84M

FDV

$145.85M

24h volume

$5.80M

24h change

+1.4%

From ATH

-96%

Circulating

18.41M

Total supply

21.00M

Price

Domain scores

0 to 100. Each domain is the mean of its scored features' percentiles against this asset class's reference basket; the working is tabled below.

tokenomics

0.0

social

16.7

dev

58.3

Cross-chain & resources

Present on 0 chain(s).

Links

🦎 CoinGecko

Data sources

What each source supplied for this token, with a link to its own page so every figure below can be checked at the source.

coingeckook

price, market cap, supply, volume, community up-votes, watchlists, repo links

defillamaok

fees, revenue, holders revenue, TVL, audit record (protocol, or chain for an L1)

santimentempty

daily active addresses (90-day trend, 30-day means) and dev-activity level (events/day over 90 days)

githubokHorizenOfficial

most recent push across the project's accounts (dead-token gate)

ethploreroff

top-10 holder shares (Ethereum ERC-20s only)

sourcifyok

contract source verification

cryptorankoff

vesting schedule / unlock overhang (Pro plan)

Key

ok: returned data for this token; it is in the score

empty: reachable, but has nothing on this token (not tracked there); scored without it

error: the request failed this run (rate limit or outage); scored without it and retried next refresh

off: not queried: no identifier for this token, or the source needs a key or plan we do not have

stale: the source failed this run; the last stored values were carried forward (dated in the advisory) so the score does not move on an outage

How the score is built

Monetary / store-of-value. Each feature is computed from the raw figures shown, then ranked as a percentile (0 to 100) against the monetary reference basket; features average within a domain; domains are weighted, with the weights renormalized over the domains that have data (a domain the class is defined by is floored, not skipped, when it has none); any gate that trips caps the result. Points are percentile times weight; they add up to the raw score.

TokenomicsSupply structure: dilution, unlocks, float, and value accrual to holders.

weight 35%, 54% of what is present, 2/3 features, domain score 0.0

Float
higher is better, coingecko
pct 0 vs 13
26.9% weight, +0.0
Circulating supply: 18.41M
Total supply: 21.00M
18.41M ÷ 21.00M = 87.6%
FDV / MCAP
lower is better, coingecko
pct 0 vs 13
26.9% weight, +0.0
Total supply: 21.00M
Circulating supply: 18.41M
21.00M ÷ 18.41M = 1.14x
Unlock overhang
lower is better, cryptorank
not scored
vesting data needs a CryptoRank Pro plan

Feature	Raw figures	Calculation	Percentile	Weight	Points
Float higher is better, coingecko	Circulating supply: 18.41M Total supply: 21.00M	18.41M ÷ 21.00M = 87.6%	0 vs 13 peers	26.9%	+0.0
FDV / MCAP lower is better, coingecko	Total supply: 21.00M Circulating supply: 18.41M	21.00M ÷ 18.41M = 1.14x	0 vs 13 peers	26.9%	+0.0
Unlock overhang lower is better, cryptorank	n/a	vesting data needs a CryptoRank Pro plan	n/a	n/a	n/a

On-chainUsage and distribution: active-address growth and holder concentration.

weight 35%, 0/2 features, domain score n/a(no data, weight redistributed)

Top-10 holders
lower is better, ethplorer
not scored
ethplorer feed off: no identifier for this token
Active-address growth
higher is better, santiment
not scored
santiment has no data for this token

Feature	Raw figures	Calculation	Percentile	Weight	Points
Top-10 holders lower is better, ethplorer	n/a	ethplorer feed off: no identifier for this token	n/a	n/a	n/a
Active-address growth higher is better, santiment	n/a	santiment has no data for this token	n/a	n/a	n/a

SocialAttention: is social interest rising ahead of price?

weight 12%, 18% of what is present, 1/3 features, domain score 16.7

Social trend
higher is better, santiment
not scored
Santiment social volume needs DYOR_SANTIMENT_API_KEY
Sentiment
higher is better, coingecko
not scored
coingecko responded but the ratio is undefined (zero denominator or no shared window)
Watchlists
higher is better, coingecko
pct 17 vs 13
18.5% weight, +3.1
CoinGecko watchlists: 33.99K
33.99K = 33.99K

Feature	Raw figures	Calculation	Percentile	Weight	Points
Social trend higher is better, santiment	n/a	Santiment social volume needs DYOR_SANTIMENT_API_KEY	n/a	n/a	n/a
Sentiment higher is better, coingecko	n/a	coingecko responded but the ratio is undefined (zero denominator or no shared window)	n/a	n/a	n/a
Watchlists higher is better, coingecko	CoinGecko watchlists: 33.99K	33.99K = 33.99K	17 vs 13 peers	18.5%	+3.1

DevelopersBuilder activity: is the team still shipping, especially in a downturn?

weight 18%, 28% of what is present, 1/1 features, domain score 58.3

Dev activity
higher is better, santiment
pct 58 vs 13
27.7% weight, +16.2
Dev-activity events in window: 531
days with data: 90
531 ÷ 90 = 5.9/day

Feature	Raw figures	Calculation	Percentile	Weight	Points
Dev activity higher is better, santiment	Dev-activity events in window: 531 days with data: 90	531 ÷ 90 = 5.9/day	58 vs 13 peers	27.7%	+16.2

Composite

Domain	Weight	Renormalized	Domain score	Points
Tokenomics	35%	53.8%	0.0	+0.0
On-chain	35%	n/a	no data	n/a
Social	12%	18.5%	16.7	+3.1
Developers	18%	27.7%	58.3	+16.2
Raw score = Σ points				19.2

Gate: hard disqualifiers

Each rule is checked against the figures shown; missing data never trips a rule. The strictest tripped rule sets the ceiling.

unverified_contractinactive
Contract verified (Sourcify): yes, trips when False
If tripped: zeroes the score
anonymous_teaminactive
Team anonymous: n/a, trips when True
If tripped: caps the score at 40
no_auditpass
Audit on record (DefiLlama): n/a, trips when False
If tripped: caps the score at 50
extreme_fdv_mcappass
FDV / MCAP: 1.14x, trips above 10x
If tripped: caps the score at 40
dead_tokenpass
Days since last GitHub push (HorizenOfficial): 16, trips at 180 days or more
Santiment dev events in window: 531, > 0 overrules a stale GitHub org
24h volume: $5.80M, trips below $1,000
If tripped: zeroes the score

No rule tripped, so the final score is the raw score: 19.2

Rule	Evidence	If tripped	Result
unverified_contract	Contract verified (Sourcify): yes, trips when False	zeroes the score	inactive
anonymous_team	Team anonymous: n/a, trips when True	caps the score at 40	inactive
no_audit	Audit on record (DefiLlama): n/a, trips when False	caps the score at 50	pass
extreme_fdv_mcap	FDV / MCAP: 1.14x, trips above 10x	caps the score at 40	pass
dead_token	Days since last GitHub push (HorizenOfficial): 16, trips at 180 days or more Santiment dev events in window: 531, > 0 overrules a stale GitHub org 24h volume: $5.80M, trips below $1,000	zeroes the score	pass
No rule tripped, so the final score is the raw score			19.2

Tier

A (high conviction) 80+B (qualified) 60+C (watchlist) 40+D (avoid) 0+

19.2 maps to D (avoid). 100% of plus or minus 20% weight perturbations keep this tier. Coverage 4/9 of this class's features (44%). medium confidence.

Peer comparison

bitcoin-cash

65.5

B (qualified)

dash

62.7

B (qualified)

zcash

61.2

B (qualified)

monero

60.2

B (qualified)

bitcoin

57.6

C (watchlist)

decred

54.6

C (watchlist)

ecash

48.4

C (watchlist)

ravencoin

44.6

C (watchlist)

bitcoin-cash-sv

41.9

C (watchlist)

litecoin

39.0

D (avoid)

digibyte

38.6

D (avoid)

⭐ zencash

19.2

D (avoid)

In one paragraph

Horizen (ZEN), Monetary / store-of-value: score 19.2/100, tier D (avoid), rank #12 of 12 same-class peers. Domains, 0 to 100, with each one's weight in this class's composite: tokenomics 0.0/100 (weight 35%), on-chain no data (its 35% weight redistributed), social 16.7/100 (weight 12%), developers 58.3/100 (weight 18%). Data coverage 4/9 features (44%), confidence medium, 100% tier-stable. Gate flags: none. All figures are already on a 0 to 100 scale; do not rescale.

About this page

This is Horizen's permanent DYOR page, scored from the board run of 2026-10-08 against 11 other Monetary / store-of-value tokens. Scores are 0 to 100; the tier maps A at 80 or above, B at 60, C at 40, D below. Every figure above shows its raw inputs, formula, percentile and weight; see the methodology for how the classes, gates and weights work. For today's numbers, run a live analysis. Research aid, not financial advice.

Other Monetary / store-of-value tokens on the board: bitcoin-cash (65.5/100), dash (62.7/100), zcash (61.2/100), monero (60.2/100), bitcoin (57.6/100), decred (54.6/100), ecash (48.4/100), ravencoin (44.6/100). All scored tokens