Dear CoinEx users,
According to the official announcement of the ZEN team, there will be a smart contract swap of the ZEN (Horizen) token at a 1:1 ratio. CoinEx will support the smart contract swap, and the details are as follows:
ZEN Services
1. Suspension of the deposit and withdrawal services: 03:00 on July 21, 2025 (UTC).
2. A separate announcement will be made once the smart contract swap is complete, the deposit and withdrawal services of the ZEN-Base token are open.
Old smart contract address
ZEN (ZEN): https://explorer.horizen.io/
New smart contract address
ZEN (Base): 0xf43eB8De897Fbc7F2502483B2Bef7Bb9EA179229
Notes:
1. CoinEx will no longer support the deposit and withdrawal of ZEN through the OLD smart contract address, so please confirm again before depositing in case of unnecessary asset loss.
2. Trading of ZEN on CoinEx will not be affected during this period.
3. Please take care of these key tokenomics changes after this event:
- Total supply will reach 21M over the next 48 months;
- Circulating supply will increase from 16M to 17.25M immediately;
- New allocation of ZEN tokens will be made to the Horizen Foundation and DAO Treasury;
4. For more details, please refer to Get Ready for ZEN’s Big Move to Base
Risk Reminder
Crypto products are innovative investment products with large price fluctuations as well as high investment risks. Therefore, please evaluate and invest wisely based on your risk tolerance and financial resources.
CoinEx reserves the right of final interpretation of this announcement.
CoinEx Team
June 30, 2025