Binance Alpha, the spotlight section within the main Binance exchange, was the first to feature Boundless, with trading going live on Sept. 15 at 12:30 UTC. Just hours later, the token secured a full listing on Binance’s main platform. On the same day, other major exchanges—including Gate, KuCoin, and Bybit—also launched trading support.
The exchange listings coincided with the official rollout of the Boundless mainnet on Base, moving its verifiable compute protocol out of beta and into full production.
Following its token generation event (TGE), Boundless set a genesis supply of 1 billion ZKC, with roughly 200.9 million tokens (20.09%) entering circulation at the time of listing. The token follows an inflationary model, starting with a 7% annual issuance rate in year one, gradually tapering to around 3% by year eight.
About 5–6% of the total supply was allocated to airdrops, all unlocked at TGE. This included 1.5% of supply—or 15 million ZKC—distributed through Binance’s HODLer airdrop, alongside additional community-focused distributions.
Boundless debuted at $1.65, briefly climbing to $1.78 in its first hour of trading before plunging nearly 46% as of press time. The steep decline was likely triggered by early profit-taking and airdrop recipients offloading tokens. Concerns over its inflationary supply model may have added to selling pressure, as continuous issuance can dilute scarcity unless offset by strong adoption and staking participation.
What is Boundless?
Boundless is a Zero-Knowledge Compute Network built on Base, designed as a decentralized marketplace for zk-proof generation and verification. It enables developers and applications to outsource zero-knowledge computations securely, efficiently, and at scale.
The network uses a Proof-of-Verifiable-Work (PoVW) model where provers stake ZKC as collateral to deliver proofs. Reliable performance is rewarded with new ZKC issuance, while failures incur penalties, fostering a sustainable proving economy.
The project is backed by major investors, including Bain Capital Crypto, Blockchain Capital, Delphi Ventures, and Galaxy, who supported its early funding rounds.
