TL;DR
- Idea: Aztec is a privacy-first Ethereum Layer 2 using zero-knowledge proofs to enable confidential smart contracts and transactions.
- Catalyst: Token Generation Event on 2026-02-12 unlocking sale tokens and listing on major exchanges.
- Risks: Centralization risks from initial sequencer network, regulatory uncertainty around privacy, and competition from other ZK L2 solutions.
- Score: 7.00/ 10
Coin
- Name/ Ticker: Aztec (AZTEC)
- Segment: Privacy L2
- Status: active
- Price: $0.020665
Key Metrics
- Market Cap: $59 506 971
- FDV: $213 882 750
- Circulating Supply: 2 879 599 600
- Total Supply: 10 350 000 000
Sources
Technology
- USP: Privacy-first Layer 2 on Ethereum enabling confidential smart contracts via zero-knowledge proofs
- Core Technology: zkSNARKs and PLONK proof system with client-side proof generation
Roadmap
- 2025-05-01: Public Testnet launch
- 2025-11-01: Ignition Chain mainnet launch
- 2026-02-11: Token listing on Gate.io
- 2026-02-12: Token Generation Event (TGE) unlocking transfers and Uniswap V4 pool
Team & Investors
Team
- CEO & Co-Founder — Zac Williamson: Co-inventor of PLONK, PhD in Particle Physics from University of Oxford
- President & Co-Founder — Joe Andrews: BEng Materials Science from Imperial College London, led Aztec SDK design
- Chief Scientist — Ariel Gabizon: PhD in Computer Science from Weizmann Institute, ex-Zcash cryptographer
- Engineering Lead — Charlie Lye: Developed WASM build and rollup server for zkReddit
- Senior Engineer — Leila Wang: Built front-end and zk.money application
Investors
- Andreessen Horowitz — Series B • 2022-12-15 • $100.00M
- Paradigm — Series A • $17.00M
- A Capital — Series B • 2022-12-15
- King River Capital — Series B • 2022-12-15
- SV Angel — Series B • 2022-12-15
Total funding: $119.00M
Tokenomics
- Utility: Pay gas for private and public transactions, staking for network security, and governance participation on Aztec L2
Pros & Cons
Strengths
- Privacy-first design with zkSNARK proofs
- Strong venture backing including a16z and Paradigm
- Decentralized sequencer and prover networks
- Fair-access Continuous Clearing Auction sale model
- $26M liquidity pool on Uniswap V4 enhancing depth
Weaknesses
- Initial sequencer network centralization risk
- Regulatory uncertainty for privacy-preserving protocols
- High technical complexity hindering mass adoption
- Competition from other Layer 2 solutions
- Delayed unlock of investor and team tokens limiting supply dynamics
Market Signals (7d)
- TVL trend: decreasing
- CEX volume trend: increasing
- Active addresses trend: increasing
Price Scenarios (target: 2026-08-15)
- Bear: $0.010000 — Assumes 50% decline from current price due to market downturn
- Base: $0.020665 — Assumes price remains stable based on current liquidity and TVL
- Bull: $0.041000 — Assumes 100% price increase driven by increased adoption and TVL growth
How to Buy & Store
CEX
- Gate.io
- Coinbase
- Kraken
- Bybit
- KuCoin
DEX
- Uniswap V4
- SushiSwap
- Balancer
- 0x Protocol
- DODO
Storage
- MetaMask
- Ledger
- Trezor
- Rainbow Wallet
- WalletConnect
Verdict
Aztec is a leading privacy Layer 2 on Ethereum with strong backing and real technological differentiation. While it faces adoption and regulatory risks, its fair-access sale, robust liquidity, and developer-friendly roadmap position it well for medium to long-term growth.
Official Links
Source: Coin Research (internal)
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