Boundless (ZKC) is described as a universal ZK-infrastructure protocol that enables developers to submit proof requests and have “provers” compete and deliver zero-knowledge proofs across chains. The idea: offload complex compute off-chain, use succinct proofs on-chain to ensure trust.
Key features:
It aims to decouple execution from consensus, allowing high-throughput, verifiable compute across any blockchain.
Token utility: ZKC is used for staking, rewarding provers, and protocol incentives.
Circulating supply currently ~200.94 million tokens; total supply up to ~1 billion (some sources) or more in terms of unlimited cap mentioned.
Price: ~$0.22 USD per ZKC.
Circulating Supply: ~200.94 million tokens.
Total / Max Supply: ~1 billion tokens (some data) and possibly unlimited in some formulations.
Fully Diluted Valuation (FDV): ~$220–225 million.
Recent performance: The token is down significantly from its all-time high (~$1.79) posted in September 2025.
Supply & unlock pressure – With only ~20% of total supply in circulation (approx 200 m of ~1 billion) there is significant future unlock/dilution risk.
2. Inflation / emissions – The protocol reportedly began with ~7 % annual inflation for staking/prover rewards. That means new tokens enter the market, which can exert downward price pressure unless demand (and staking) outpaces it.
3. Adoption & execution risk – The use-case (ZK compute marketplace) is promising, but maturity, developer traction, network effects, and ecosystem partnerships are still evolving.
4. Technical / sentiment risk – As with many alt-tokens, price is vulnerable to broader crypto market sentiment, regulatory news, exchange listings/delistings, and liquidity.
5. Volatility – Given the huge drop from the ATH, the token may be prone to sharp swings either up or down, increasing risk for those without strong risk tolerance.
