Today we will discuss an intriguing blockchain project - Boundless and its native token ZKC. Boundless is an innovative protocol focused on zero-knowledge proof (ZK) infrastructure, aiming to provide efficient and reliable proof services for the blockchain ecosystem.
The core philosophy of Boundless is built on a simple yet powerful idea: zero-knowledge proof technology has the potential to significantly enhance the performance, privacy protection, and cost-effectiveness of blockchain. However, building complex proof systems often requires substantial resources and expertise. To address this challenge, the Boundless team launched the beta version of the mainnet on the Base network in July 2025, showcasing their technical strength and forward-looking vision. Currently, the project is steadily advancing and is about to enter the free access phase for developer resources in the fourth quarter, which will undoubtedly attract more innovators to participate in the ecosystem.
From the project's foundational data, Boundless has shown considerable potential:
1. Market Capitalization Analysis: The fully diluted valuation of the ZKC token is approximately $907 million, based on a total supply of 1 billion tokens and a current price of $0.88. The circulating market cap is $178 million, corresponding to a circulating supply of 201 million tokens. In the highly competitive ZK sector, this valuation is not considered too high, leaving ample room for future growth.
2. Total Value Locked (TVL): As an infrastructure layer project, Boundless's initial staking and validator collateral TVL is approximately 24 million USD. Although this figure has not yet been independently tracked by mainstream data platforms like DefiLlama, considering the project's stage of development, this starting level is quite considerable. Compared to zkSync's 180 million USD TVL, ZKC indeed has a significant gap to catch up, but this also signifies tremendous growth potential.
In terms of token economics, $ZKC, as the native token of Boundless, adopts a carefully designed issuance mechanism:
- The total supply is 1 billion coins.
- The maximum supply is theoretically unlimited, but the actual inflation rate is strictly controlled.
- In the first year of the project launch, moderate inflation is expected to support the rapid development of the ecosystem.
The Boundless project has a profound technical foundation, making it particularly appealing to investors and developers interested in zero-knowledge proof technology and related narratives. As blockchain technology continues to evolve, projects like Boundless that focus on enhancing the efficiency of underlying infrastructure are likely to play a key role in the future Web3 ecosystem.
However, investors should also cautiously assess the risks. The competition in emerging technology fields is exceptionally fierce, and the long-term success of a project depends on the execution ability of the team, technological innovation capability, and community support. Closely monitoring Boundless's performance in the upcoming developer resource access phase will provide us with more insights into the project's potential.