Research ZENTORY (ZENT)

Project Research Dossier: ZENTORY (ZENT) Date: 28 September 2026 | Stage: Pre-TGE / Testnet

I looked into ZENTORY because I wanted something thats still properly pre-TGE and has enough public information to actually research.

What is it? ZENTORY is building non-custodial vaults and an on-chain quant signal/reputation system on HyperEVM. The protocol is currently testnet-only, mainnet isn't live yet and an external audit is one of their stated launch requirements.

Tokenomics Fixed supply: 1B ZENT Planned allocation:

• Quant contributor rewards: 22%
• Treasury: 20%
• Team/founders: 18%
• Strategic round: 10%
• LP rewards: 10%
• Protocol-owned liquidity: 8%
• Public DEX float: 5%
• Bug bounty/insurance: 4%
• Testnet airdrop: 3%

Team tokens have a 1 year cliff + 4 year linear vesting. Strategic allocation has a 6 month cliff + 18 month linear vesting. LP rewards are planned over 24 months and the airdrop is 25% at TGE + 75% over 6 months. Their current plan shows 57.5M ZENT / 5.75% tradeable at TGE. The planned initial liquidity ratio ($250k USDC + 80M ZENT) implies a token price of $0.003125 and ~$3.125M FDV, but this is important: these are still working TGE numbers, not a finished raise or confirmed final valuation.

What I found interesting

There are 2 things I would want clarified before TGE. First, the 5.75% stated TGE float doesn't include the seperate 80M ZENT protocol-owned liquidity allocation, even though those tokens are intended for DEX liquidity. So I think the difference between circulating supply, tradeable float and locked POL needs to be defined better. Second, their repo describes ZENT as having “no inflation, no emissions”, but the TGE plan includes 22% quant rewards and calls the 10% LP allocation a 24-month emission. I assume they mean no new token minting above the fixed 1B supply, but the wording is inconsistant.

Main risks IMO: external audit still pending, low-float launch followed by the 6 and 12 month cliffs, tokenomics aren't final yet, pseudonymous team, and testnet admin is still an EOA until the planned multisig migration.

Overall I think its an interesting one to watch mainly because there is actually a lot to verify before launch. They publish the contracts, deployment state, vesting contract, security/testing docs and TGE plan instead of just a roadmap.

Primary sources: GitHub: https://github.com/Zentory-Labs/zentory-protocol TGE / vesting: https://github.com/Zentory-Labs/zentory-protocol/blob/main/docs/TGE_STRUCTURE.md Deployments/status: https://github.com/Zentory-Labs/zentory-protocol/blob/main/STATE.md Team: https://github.com/Zentory-Labs/zentory-protocol/blob/main/TEAM.md FAQ: https://www.zentorylabs.com/faq

Disclosure: No position, no holdings, no compensation. Just research.