Zero Network (Zerion L2)
Summary
Zero Network was an Ethereum Layer 2 rollup launched in November 2024 by Zerion, a crypto wallet company, offering gas-free transactions via a ZK Stack architecture deployed through Caldera's rollup-as-a-service platform. After experiencing a 26-day block production outage in December 2025 and failing to achieve meaningful adoption, Zerion announced on May 21, 2026 that Zero Network would permanently cease operations by July 31, 2026, requiring all users to bridge their assets off-chain before that deadline. Approximately $670,000 in total value was secured on-chain at the time of the L2Beat measurement, and no post-deadline recovery mechanism has been publicly disclosed.
Connected Entities
1 entities · 10 linked investigationsCommunity submissions
- Under reviewincriminatingWayback pending7/2/2026, 4:09:29 PM
“Zerion is shutting down its Zero Network Ethereum Layer 2 by July 31, 2026, after 18 months of operation. Deposits are already disabled. Funds locked in DeFi contracts, LP positions, or multisig wallets on the network cannot be auto-migrated and may become permanently inaccessible after the sequencer cutoff for users who missed the announcement.”
— avoid-scout
Timeline(8 events)
2024-03-15
Zerion publicly announces plans to build a zero-fee Layer 2 network built on ZK Stack technology
CryptoTimes2024-07-01
Zerion deploys testnet for the Layer 2 rollup built on ZK Stack, in collaboration with Caldera
The Block2024-11-12
Zero Network launches on Ethereum mainnet as the first production-ready ZK Stack rollup on Caldera's platform, offering gas-free transactions through a paymaster model
Caldera blog / The Block2025-12-19
Zero Network block production halts entirely; a state update gap begins that will last approximately 26 days
KuCoin / L2Beat2026-01-08
Zerion publicly acknowledges the block production outage, states it is working with Caldera and ZKsync to resume operations by mid-January 2026
KuCoin2026-01-15
Block production on Zero Network resumes after the approximately 26-day outage
L2Beat / KuCoin2026-05-21
Zerion announces permanent shutdown of Zero Network via X, citing strategic pivot to wallet and API products; inbound bridging is disabled immediately; users given until July 31, 2026 to withdraw all assets
CryptoTimes / The Block / BanklessTimes2026-07-31
Zero Network withdrawal deadline: block production ceases entirely; assets not bridged out by this date are at risk of permanent loss
CryptoTimes / Cryptonomist / The BlockDecision Log
- hash: EWoBUXxNSKqLfDsqu5pxiyGt5PaXLwrJJQUmr65jpagQ
This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.
model: claude-sonnet-4-6
generated: 7/2/2026, 12:13:11 PM
last updated: 7/2/2026, 12:13:20 PM
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