Skip to main content
AVOID.NET

ZetaChain

avoid.net/zetachain62/100·72% conf.
[AI-DRAFTED · AWAITING VERIFICATION][src:defillama]

Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.

anchored·2etR1b…6J7J

Summary

ZetaChain is a Layer-1 blockchain founded in 2021 that enables omnichain smart contracts and native cross-chain interoperability across Bitcoin, Ethereum, and other networks without bridges. The protocol launched its mainnet beta in January 2024, raised $27 million in a Series A in August 2023, and achieved EU MiCAR compliance and DFSA recognition. In April 2026, it suffered a $333,868 exploit of its GatewayEVM smart contract targeting internal team wallets; no user funds were lost, though the team acknowledged it had previously overlooked a bug bounty report flagging the same vulnerability.

Connected Entities

1 entity

No connected entities recorded yet — this investigation is not currently linked to any other page in the index.

Have evidence about ZetaChain?

Timeline(11 events)

2021

ZetaChain founded by Ankur Nandwani, Panruo Wu, and Brandon Truong.

PR Newswire / ZetaChain Blog

March 2022

ZetaChain closes an undisclosed seed funding round.

Crunchbase / Blockworks

17 August 2023

ZetaChain announces $27 million Series A funding round led by Blockchain.com, VY Capital, Sky9 Capital, Jane Street Capital, and others.

PR Newswire

2024

ZetaChain Mainnet Beta launches; ZETA token airdrop distributed to over 800,000 testnet participants (31.5 million ZETA, approximately 1.5% of total supply). Community complaints emerge about referral-weighted distribution.

ZetaChain Blog / Medium community reports

15 February 2024

ZETA token reaches all-time high of approximately $2.85.

CoinMarketCap

11 March 2025

ZETA hits then-all-time low of approximately $0.1851.

CoinMarketCap / CCN price analysis

27 October 2025

ZetaChain publishes EU MiCAR-compliant white paper; ZETA described as one of the first Layer-1 tokens to achieve MiCAR compliance.

ZetaChain Blog

November 2025

ZetaClient performance upgrade released, enhancing multi-chain transaction capabilities.

CoinMarketCap AI / ZetaChain updates

26 April 2026

GatewayEVM smart contract exploited across nine transactions on Ethereum, Arbitrum, Base, and BNB Chain. $333,868 in stablecoins drained from internal team wallets. No user funds lost. Cross-chain transactions paused.

The Block / CryptoTimes / crypto.news

29 April 2026

ZetaChain publishes post-mortem acknowledging three chained vulnerabilities and admitting a prior bug bounty report flagging the same weakness was not treated as a threat. Patch deployed; arbitrary call functionality disabled.

crypto.news / CryptoTimes

6 June 2026

ZETA token reaches new all-time low of approximately $0.0336.

CoinMarketCap / CCN
Provenance & Audit Trail

Decision Log

This investigation is cryptographically anchored to the Solana blockchain (4 events). 19 of 23 cited source URLs have an Internet Archive snapshot.

Fact-checked 2026-09-0723 claims checked1 correction pending0 applied⛓ anchoredSee findings →

model: claude-sonnet-4-6

generated: 5/4/2026, 1:51:10 AM

last updated: 8/20/2026, 2:36:52 AM

4 views

avoid.net — verified advice for a post-truth world