Original research by 10102, as of 2026-06-08 (source confidence 88%). Research notes decay: figures and reads age fast, re-verify before acting on them. Nothing here is financial advice.
TL;DR
Aztec Network (AZTEC): privacy-focused Ethereum L2 zk-rollup (vertical).
Structure
- What it is: privacy-focused Ethereum L2 zk-rollup (vertical)
- TGE: 2026-02-12 (governance-triggered 2026-01-26)
- Max supply: 10,350,000,000
- Circulating supply (approx): 2,900,000,000
- Market cap (approx): $43,600,000
- FDV (approx): $156,600,000
- Allocation:
- Investors: 27.3%
- Team: 21.1%
- Foundation: 11.7%
- Ecosystem: 10.7%
- Token sales: 22%
- Unlocks: team 36mo vest; investors 2-3yr; largely linear through Nov 2026+
- Value accrual: staking + block rewards (200k AZTEC to validate; 70% sequencers / 30% provers)
- Backers: a16z-led 60.8M token sale (Dec 2025)
- Mainnet: Ignition Chain live 2025-11-20; strong decentralization, demand-side unproven
Outlook (as of 2026-06-08)
A higher-variance privacy play. It is a single-chain bet on privacy DeFi, a category with weak historical product-market fit and regulatory tail risk, and it lacks a cash-flow anchor. Roughly 48% of insider supply is still to unlock, largely linear through late 2026, so price action remains narrative-driven.
Sources
- https://aztec.network/blog/aztec-tge-next-steps
- https://coinmarketcap.com/currencies/aztec/
- https://etherscan.io/token/0xa27ec0006e59f245217ff08cd52a7e8b169e62d2
- https://www.okx.com/en-us/learn/aztec-token-supply-key-insights
- https://www.lw.com/en/news/2025/12/latham-advises-aztec-on-aztec-network-mainnet-launch-and-token-sale