DoubleZero2Z

Token of DoubleZero, a private fiber network that connects blockchain validators and sells fast market data.

Rank #221Since October 2025

Price on 31 Oct 2026

C$0.0368 -53.1% since 31 Jul 2026 · 97.0% below its all-time high

The short version

DoubleZero runs a private fiber network for blockchain validators, who pay in 2Z for access; its Edge product sells market-data feeds. It is built by Malbec Labs, with co-founder Austin Federa, and backed by Multicoin and Dragonfly. Validators holding 62.6% of Solana's stake were connected as of 22 Aug 2026. On 31 Oct 2026 one 2Z cost C$0.0368. From 31 Jul 2026 to 31 Oct 2026 its price changed -53.1% in Canadian dollars, and it was 97.0% below its all-time high of C$1.25 set on 2 Oct 2025.^[1]

Checked 31 Oct 2026 · 13 sources · next update about 1 Dec 2026

Price, past year

Past year: high C$0.2767 (10 Nov 2025) · low C$0.0363 (30 Oct 2026) · -85.5%^[1]

Month-end prices (table)

Date	C$	US$
31 Oct 2026	C$0.0368	US$0.0264
30 Sep 2026	C$0.0926	US$0.0651
31 Aug 2026	C$0.0722	US$0.0521
31 Jul 2026	C$0.0779	US$0.0556
30 Jun 2026	C$0.0884	US$0.0623
31 May 2026	C$0.1274	US$0.0923
30 Apr 2026	C$0.1117	US$0.0822
31 Mar 2026	C$0.1045	US$0.0752
28 Feb 2026	C$0.1035	US$0.0757
31 Jan 2026	C$0.1617	US$0.1199
31 Dec 2025	C$0.1724	US$0.1259
30 Nov 2025	C$0.1588	US$0.1132

Daily prices from CoinGecko; C$ converted at the Bank of Canada daily rate. The latest point is live when available. Past prices, not a forecast.

Choose what to see

Key facts

Price, 31 Oct 2026: C$0.0368^[1]
3-month change: -53.1% in C$ (31 Jul 2026 to 31 Oct 2026)^[1]
From its high: 97.0% below its high of C$1.25 (2 Oct 2025)^[1]
Market rank: #221, market value about C$192.9M^[1]
Kind: Token · Solana (SPL)
Started: October 2025

Checks: the same 9 questions for every coin

Facts, not a rating

Can an admin key create new coins?YesMint authority is active and held by a Squads multisig vault; planned emissions not yet live^{[2, 3, 4]}

Can anyone freeze or take coins from holders?NoNo freeze authority on the Solana token (GoPlus)^{[5, 2]}

Can the token's contract code be changed?NoStandard Solana token with no code of its own to change^[5]

Is the supply capped?No10 billion stated, but the mint authority has not been revoked^{[5, 4]}

Any scheduled unlocks in the next 12 months?YesAbout 1.62-1.66B 2Z, roughly 31% of circulating supply^{[4, 6]}

Does a team or foundation hold over 10% of supply?YesInsider tokens still locked total about 4.87B (49% of supply)^[6]

Do network fees reach coin holders?YesPart of network fees is burned: US$0.15M in 12 months^[7]

Main network hacked or halted in the past 2 years?NoNo DoubleZero exploit in the DefiLlama hacks list^[8]

Is a regulator or court case targeting the coin itself?NoNo regulator or court case found^[9]

Each answer is a fact with a source, not a score. What each check means.

Who controls it

Builders: Malbec Labs; Austin Federa, Andrew McConnell (CTO) and Mateo Ward^[10]
Backers: Multicoin and Dragonfly led a US$28M round^[6]
Insider allocation: About 70%: Jump Crypto 28%, Malbec Labs 14%, institutions 12%, team 10%^[6]
Mint authority: Still active, held by a Squads multisig vault (1 Nov 2026)^{[2, 3]}

Supply

In circulation: 5.25B 2Z of a 10.00B maximum (52.5%)^[1]
Fully diluted value: 1.90 times its current market value^[1]
Maximum: 10 billion stated; about 5.2B circulate (52%)^[4]
Next 12 months: About 1.62-1.66B unlock, roughly 31% of circulating supply^{[4, 6]}
Still locked: About 4.87B insider tokens (49% of supply) unlock linearly to 2 Oct 2029^[6]
Inflation: Emissions for contributors and stakers are proposed, not yet live^[4]

Use and fees

Main use: Validator connectivity over private fiber; Edge sells market-data feeds^[11]
Network fees: US$1.54M in 12 months, of which US$0.15M was burned^[7]
Pass-through: US$46.4M of staked-SOL fees pass through and are not network revenue^[7]

Trading

Daily trading: About C$10.3M a day on average, 31 Jul 2026 to 31 Oct 2026^[1]
Daily turnover: Typically 2.29% of its market value changes hands each day^[1]
20-week average: 51.1% below its 20-week average price^[1]
1-year change: -85.9% in C$^[1]^[12]

History

Not a forecast

Coins ranked 201-500 at this point in past cycles (12-14 months after a Bitcoin peak), one year later: 8,067 cases, 1,187 coins

33% were higher a year later^[13]

Typical result: Median -38% after a year; 33% higher after two years
Lost half or more: 44% within a year
Against Bitcoin: 11% did better than Bitcoin over the year

History, not a forecast.

Red flags and things to watch

2 red flags found

Red flag: The 2Z mint authority is still active and held by a Squads multisig vault, so its signers can create new 2Z.^{[2, 3]}
Red flag: About 1.62-1.66B 2Z unlock in the next 12 months, roughly 31% of circulating supply.^{[4, 6]}

Edge for Builders, letting apps publish their own data feeds, opened on testnet on 27 Oct 2026.^[9]

Checked: admin keys, contract upgrades, unlocks, insider supply, hacks, legal actions and claims against records.

Sources and dates

Facts as of 31 Oct 2026. Prices from CoinGecko in Canadian and US dollars; US$ figures without a C$ price are converted at 1.3976 C$ per US$.