#245

DoubleZero

DePIN+1 · Layer-2+1

2z#245

Mcap$132M

$0.02539.57%

· Undisclosed

Overview Monitoring Markets News More

Spot Volume (24H)

$6.82M+71.35%

Marketcap

$132M

FDV

$252M

Mindshare

Low

Metrics (24H)

7 Notable Posts

Circ. Supply

5.2B

Sentiment

24H

Max Supply

10.0B

Mcap/FDV

52.38%

Total Supply

10.0B

Sector Ranking

#12

Futures Volume

$28.07M

Open Interest

$5.31M

Volatility (30D)

93.01%

DoubleZero is a permissionless networking framework where independent infrastructure providers contribute dedicated bandwidth, DoubleZero Device hardware, and distributed-system operators connect hosts through DoubleZero. The network supports multicast delivery, user lookup, telemetry, and edge filtration, and uses exchanges (DZX) as interconnect points between contributors. Users are organized as tenants with connection paths for specific ecosystems, including Solana validator and RPC operators. Network services and routing policies are coordinated through onchain smart contracts and controller and activator services that distribute configuration to devices.

Sector

Networks

Sector Rank

#66, #12

Sub-Sector

Layer-2

Sub-Sector Rank

#10, #1

Contracts

API ID

Social

X (Twitter)

Resources

Website

Whitepaper

Block Explorer

Content

YouTube

Analytics

CB Insights

1Y Price Performance -88.48%

All Time High

$1.23-97.95%

Oct 02, 2025

Cycle Low

$0.0252+0.18%

Oct 30, 2026

First Trade

Oct 02, 2025 on

Meteora (dlmm)

2z Chart

All Charts

$0.0253

61.28% Past Month

Price

$0.025361.28%

Mindshare

0.0%22.33%

More Charts

Spot Volume (24H)

$6.82M+71.35%

Marketcap

$132M

Mindshare

Low

Sentiment Chg

24H

All News

Create Your Own Report

Last Updated: Oct-29-2026 10:37 UTC

DoubleZero Project Update

Get Caught Up

Mainnet-Beta and 2Z Token Launch (October 2, 2025) DoubleZero launched its mainnet-beta alongside the 2Z token, transitioning from testing to full production with over 70 dedicated fiber links across 25+ global locations 1 2. The network routes data through direct paths rather than the public internet, and at launch 20.8% of Solana stake and 386 validators had migrated onto it 1. The 2Z token is a Solana SPL asset with a fixed genesis supply of 10 billion, used for payments, staking, and performance-based rewards 2 3.

SEC No-Action Letter The SEC's Division of Corporation Finance issued a no-action letter confirming that 2Z does not need to be registered as a class of equity securities, and that programmatic flows of 2Z on the network are not considered securities transactions 4. This marked a notable regulatory shift favoring utility-driven crypto projects, as the position was based on DoubleZero's use of "Programmatic Transfers" to distribute tokens to network and resource providers in exchange for infrastructure services 2 4.

DoubleZero Delegation Program The team introduced a 13 million SOL stake pool to support validator development and performance on Solana 5. The initial phase allocates stake to validators operating on DoubleZero's Mainnet-Beta based on performance metrics, commission rates, and participation duration, while a second phase will prioritize geographic diversity by directing stake to historically underrepresented regions 5.

Biggest Stories of 2025

2Z→SOL Swaps Go Live: DoubleZero enabled onchain swaps between its native 2Z token and SOL, allowing participants to engage in the protocol's programmatic token flow that converts SOL-denominated revenue into 2Z-denominated contributor rewards 6. (October 31, 2025)
Shelby Devnet Launch: The Aptos team announced that Shelby Devnet is now live, utilizing DoubleZero's "verifiable network infrastructure" 7. (October 16, 2025)
Mainnet-Beta and 2Z Token Launch: DoubleZero launched its mainnet-beta and the 2Z token, operating over 70 fiber links across 25+ global locations with 20.8% of Solana stake and 386 validators migrating to the network 1 2. (October 2, 2025)
SEC No-Action Letter: The SEC's Division of Corporation Finance confirmed that 2Z does not need to be registered as a class of equity securities, and that programmatic flows of 2Z are not securities transactions 4. (October 2, 2025)
DoubleZero Delegation Program: The team introduced a 13 million SOL stake pool to support validator development and performance on Solana, with distribution based on performance metrics and geographic diversity 5. (October 2, 2025)
$28 Million Raise at $400 Million Valuation: DoubleZero raised $28 million in March 2025, led by Dragonfly and Multicoin Capital, with industry players like Jump Crypto, Galaxy, RockawayX, and Jito investing in fiber links 8. (March 2025)

Note: No items were identified within the past 7 days or the past 30 days, so the "Currently Interesting" and "Get Caught Up" sections reflect the most recent available developments from October 2025.