ZEN (Base) vs TBTC (Ethereum) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-09-26 / 2026-09-27.
| ZEN | TBTC | |
|---|---|---|
| Price | $7.88 | $83.41K |
| Market cap | $146.28M | $348.57M |
| 24h volume | $4.76M | $346.17K |
| Liquidity | $1.44M | $26.61M |
| FDV | $167.58M | $348.57M |
| Holders | 104,424 | 25,225 |
| Age (days) | 425 | 871 |
| Safety grade | B | B |
ZEN is Horizen's token — a veteran privacy-chain project that migrated its ecosystem onto a Base-settled architecture after years as a standalone chain. The contract 0xf43eb8de897fbc7f2502483b2bef7bb9ea179229 is the Base deployment our scan tracks, at $1.4 million of pool liquidity as of September 26, 2026.
The honest read: ZEN is a legacy-network bet in a new wrapper — the zero-knowledge lineage and once-large validator base are real, and so is the migration risk: projects that replatform are simultaneously conceding the old home couldn't hold them and asking the new one to re-rate them. Watch whether Base-era usage actually follows the token.
tBTC is Threshold Network's trust-minimized wrapped Bitcoin — the decentralized-custody answer to WBTC, where a rotating set of node operators secures the BTC rather than a single custodian. The deployment 0x18084fba666a33d37592fa2633fd49a74dd93a88 is the v2 mint; our September 27, 2026 snapshot reads $26.6 million of tracked pool liquidity.
The honest contrast is the whole point of the asset: tBTC trades BitGo's institutional custody for a threshold-signature committee — no single company can lose or freeze the coins, but the security model is cryptographic-economic (operator collateral) rather than legal, which is a different risk shape, not a strictly smaller one. Its depth vs WBTC's billions is the market's honest verdict on how much that trade matters to people.
By tracked market cap: ZEN (Base) measures $146.28M and TBTC (Ethereum) measures $348.57M — dated snapshots, not a live feed.
On the contract checks we publish: ZEN (Base) grades B and TBTC (Ethereum) grades B. A grade is a structural check on the contract, not a promise about the asset.
Between 2026-09-18T04:43:53 and 2026-09-26T18:07:24, the measured snapshots show ZEN at +86.2% and TBTC at +7.88%.
ATH vs ZENZEN vs MKRZEN vs TSLAXZEN vs TELTBTC vs USD1TBTC vs GHOTBTC vs UNITBTC vs FRXUSD
The grade column is the one CMC's compare page cannot print — our grade is computed from the contract itself (mint/freeze authority, liquidity, holder concentration). Changes are measured over the shared window stated on the chart, 2026-09-18T04:43:53→2026-09-26T18:07:24; a token with fewer measured points measures a shorter span inside it.
Figures are dated on-chain snapshots, not a live feed. Safety grades are structural checks — not investment advice. Free · no signup · a NexFlow product.