{
  "schemaVersion": 1,
  "reviewedAt": "2026-09-23T17:47:58.164Z",
  "mode": "derived-snapshot",
  "scope": "Recomputed from the project's published auction record and per-bid results file. Allocation at settlement, not current ownership: transfers after delivery are shielded and unobservable. No ownership, listing, or trading capability is implied.",
  "affiliation": "independent",
  "checkedAt": "2026-09-23T17:47:58.164Z",
  "sources": {
    "auction": "https://zilkroad.com/api/auction",
    "results": "https://zilkroad.com/api/results",
    "resultsCsv": "https://zilkroad.com/api/results.csv",
    "anchor": "https://blockchair.com/zcash/transaction/4b22e4bfe488ffe13fca2e88085f5625859cb3d8507ec42d87ef3ce78c39d1ab"
  },
  "settlement": {
    "status": "settled",
    "phase": "delivered",
    "closedAt": "2026-09-17T16:46:43.013Z",
    "deliveredAt": "2026-09-17T18:20:29.861Z",
    "clearingPriceZec": 1.5,
    "minimumBidZec": 0.1,
    "publicSupply": 8000,
    "totalTokens": 10000,
    "snarklistAssigned": 736,
    "treasuryCount": 1264,
    "allocatedUnits": 8000,
    "unsoldPublicUnits": 0,
    "chargedZec": 12000,
    "refundedZec": 13305.006289,
    "settledHeight": 3486775,
    "marketEnabled": true
  },
  "bidding": {
    "fundedBids": 3423,
    "voidBids": 5657,
    "unitsDemanded": 16971,
    "unitsDemandedFromRows": 16972,
    "winners": 708,
    "losingBidders": 2715,
    "unitsUnfilled": 8963,
    "nearBandFloorZec": 1,
    "nearBandBidders": 750,
    "nearBandUnits": 3053,
    "topBidZec": 11
  },
  "demandCurve": [
    {
      "priceZec": 0.1,
      "units": 16972,
      "bidders": 3423
    },
    {
      "priceZec": 0.25,
      "units": 15371,
      "bidders": 2811
    },
    {
      "priceZec": 0.5,
      "units": 14006,
      "bidders": 2367
    },
    {
      "priceZec": 0.75,
      "units": 12059,
      "bidders": 1712
    },
    {
      "priceZec": 1,
      "units": 11181,
      "bidders": 1490
    },
    {
      "priceZec": 1.25,
      "units": 8932,
      "bidders": 886
    },
    {
      "priceZec": 1.5,
      "units": 8128,
      "bidders": 740
    },
    {
      "priceZec": 2,
      "units": 5334,
      "bidders": 452
    },
    {
      "priceZec": 2.5,
      "units": 2791,
      "bidders": 189
    },
    {
      "priceZec": 3,
      "units": 1576,
      "bidders": 128
    },
    {
      "priceZec": 5,
      "units": 277,
      "bidders": 24
    },
    {
      "priceZec": 11,
      "units": 1,
      "bidders": 1
    }
  ],
  "concentration": {
    "holders": 708,
    "units": 8000,
    "medianFill": 3,
    "largestFill": 259,
    "cohorts": [
      {
        "size": 10,
        "units": 1752,
        "share": 21.9
      },
      {
        "size": 50,
        "units": 4654,
        "share": 58.2
      },
      {
        "size": 100,
        "units": 5889,
        "share": 73.6
      }
    ]
  },
  "integrity": {
    "seedCommitHash": "ff90c210e1c937967bbf81efd04c7a95e129c74b06cb2b3d41f1a4d0445d28bf",
    "settlementSeed": "7df85ac15780debda4bc3c0328b72f96d9c8f64f979fb43f403fa057f16e7348",
    "closeBlockHash": "000000000066d5b166e01a17d009dadd91c3fd8466cff464dd47bbc0ee93e4dd",
    "resultsCsvHash": "04a9bd34f7bd085402ca88bb7a7cecbb22a1775097fc13f62079ae7a74226d28",
    "resultsCsvRows": 3423,
    "anchorTxid": "4b22e4bfe488ffe13fca2e88085f5625859cb3d8507ec42d87ef3ce78c39d1ab",
    "anchorHeight": 3486778,
    "anchorTime": "2026-09-17 17:27:50",
    "anchorVersion": 6,
    "anchorTransparentInputs": 0,
    "anchorTransparentOutputs": 0,
    "anchorShieldedValueDelta": 0
  },
  "market": {
    "venue": "https://zilkroad.com/",
    "openedBy": "issuer",
    "royaltyBps": 0,
    "floorZec": 0.348,
    "minOfferZec": 0.1745,
    "listings": 1891,
    "salesTotal": 3552,
    "sales24h": 257,
    "volumeTotalZec": 5209.44326299,
    "volume24hZec": 135.80458,
    "updatedAt": "2026-09-23T17:45:50.458Z",
    "source": "https://zilkroad.com/api/market/stats"
  },
  "price": {
    "zecUsd": 1525.65,
    "source": "https://www.coingecko.com/en/coins/zcash",
    "crossCheckUsd": 1527.71,
    "crossCheckSource": "https://www.coinbase.com/price/zcash"
  },
  "corrections": [
    {
      "claim": "The auction attracted 16,971 bids.",
      "claimSource": "https://cryptobriefing.com/zksnarks-auction-clears-zcash-blind-bids/",
      "correction": "16,971 is the number of units bid for, not the number of bids. There were 3,423 funded bids.",
      "evidence": "The published results report totalDemand 16,971 against bidsCounted 3,423, and the results CSV has one row per funded bid."
    },
    {
      "claim": "Roughly 17,000 people competed for 8,000 spots.",
      "claimSource": "https://cryptobriefing.com/zksnarks-auction-clears-zcash-blind-bids/",
      "correction": "3,423 funded bids competed. A further 5,657 bids were created but never funded, which is 9,080 bids in total and still not 17,000 bidders.",
      "evidence": "bidsCounted 3,423 and voidBids 5,657 in the published auction record. An unfunded bid placed no ZEC at risk."
    },
    {
      "claim": "More than half of all bidders did not win.",
      "claimSource": "https://cryptobriefing.com/zksnarks-auction-clears-zcash-blind-bids/",
      "correction": "2,715 of 3,423 funded bidders received nothing, which is 79.3%, not just over half.",
      "evidence": "Counted from the status column of the published results CSV: 707 won, 1 partial, 2,715 lost."
    },
    {
      "claim": "The sale had a total volume of 25,305 ZEC.",
      "claimSource": "https://cryptobriefing.com/zksnarks-auction-clears-zcash-blind-bids/",
      "correction": "25,305 ZEC is everything that arrived, not what the sale earned. Buyers were charged 12,000 ZEC and 13,305 ZEC was refunded, because a blind auction asks for your maximum and returns the difference.",
      "evidence": "totalChargedZec 12,000 and totalRefundZec 13,305.006289 in the published results. 8,000 units at the 1.5 ZEC clearing price is exactly 12,000 ZEC."
    },
    {
      "claim": "1,000 units went to the SNARKLIST and 1,000 to the project treasury.",
      "claimSource": "https://cryptobriefing.com/zksnarks-auction-clears-zcash-blind-bids/",
      "correction": "The SNARKLIST cap was 1,000 but 736 were assigned and 111 skipped. The treasury holds 1,264.",
      "evidence": "snarklistAssigned 736, snarklistSkipped 111, treasuryCount 1,264 in the published results. The 8,000 units sold, 736 assigned, and 1,264 treasury units add to the 10,000 total; the 111 skipped entries are reported separately and are not part of it."
    }
  ],
  "tradingNotes": [
    {
      "heading": "No third party can verify who owns a zkSNARK",
      "body": "There is still no public per-item record: no token, holder, or trait endpoint exists, ownership resolves only through the project's own claim flow, and delivery went to unified shielded addresses. The collection is described as encrypted identities stored on Zcash, so privacy is the product rather than a gap waiting to be filled. Trades settle inside the issuer's venue against its registry. Any other site claiming to verify these holdings, including this one, would be claiming something it cannot do.",
      "source": "https://zksnarks.net/"
    },
    {
      "heading": "The issuer opened its own market, and the floor fell",
      "body": "On 17 September this page recorded a marketEnabled flag set to false and predicted the issuer could open a first-party market whenever it chose. It has since done so, with zero royalty, and the floor now sits well below the 1.5 ZEC clearing price. Because they hold the only ownership registry, that is the venue where these items actually change hands. This page is a reference for what the sale did and what the market has done since, not a competing venue.",
      "source": "https://zilkroad.com/"
    },
    {
      "heading": "Never hand your bid code to anyone",
      "body": "A bid code is a live claim credential: anyone holding it can look up and act on that allocation. No marketplace, including this one, ever needs it. We will not add any flow that asks for one, and you should treat any site that does as hostile.",
      "source": null
    },
    {
      "heading": "This site is independent",
      "body": "ZEC Market is not affiliated with zkSNARKs or Zilkroad, and publishes no endorsement by them. Every figure here is derived from their public endpoints and can be rechecked against the sources listed on this page.",
      "source": null
    }
  ]
}