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ZENDEX Launches Private EVM ZK-Privacy DEX Testnet with Community Incentives

ZENDEX has launched its testnet for a privacy-focused decentralized exchange built on EVM, with phased rollout and community incentives.

ZENDEX has launched its testnet for a privacy-focused decentralized exchange built on EVM, with phased rollout and community incentives. Hedera (HBAR) is trading at $0.0802, down 0.2% since this brief published. This is an original TLT brief based on reporting by CryptoPotato, with live market data added, as of Thu, 22 Oct 2026 16:45:02 UTC.

Why it matters

This development marks a significant step in expanding privacy solutions in decentralized finance, offering professional traders a secure platform for private transactions while fostering community engagement through incentives.

Key takeaways
  • ZENDEX testnet launched after full security audit by Hacken and Dual Defense.
  • Testnet will roll out in multiple phases with points incentives for participants.
  • Privacy-focused DEX aims to serve professional capital and private execution needs.

ZENDEX, a decentralized exchange designed for professional capital and private execution, has announced the launch of its testnet. This follows a full security audit conducted by Hacken and Dual Defense, ensuring the platform's robustness and security.

The testnet will be rolled out in multiple phases, with each phase introducing new features and functionalities. Participants in the testnet will be incentivized with points, encouraging community engagement and feedback. This phased approach allows for thorough testing and refinement of the platform before a full launch.

The development of ZENDEX comes at a time when privacy solutions in decentralized finance are gaining traction. The platform aims to provide a secure environment for private transactions, catering to the needs of professional traders and institutional investors.

Coinfomania also reported on Hedera's network MCP going live on testnet, coinciding with a mainnet upgrade. This suggests a broader trend in the crypto market towards enhancing network capabilities and security.

The total crypto market cap stands at $2.81 trillion, with Bitcoin experiencing a 24-hour decline of 3.14%. The Fear & Greed Index is at 68, indicating a state of 'Greed' in the market. Hedera (HBAR) is currently priced at $0.080325, down 5.83% in the last 24 hours, while JUST (JST) is at $0.139366, down 0.72% in the same period.

Market reaction since this brief Live

Since this brief published about 48 hours ago, Hedera (HBAR) has moved from $0.0803 to $0.0802 — -0.21%.

$0.0801$0.0802$0.0802$0.0803$0.0803 published · $0.0803 now · $0.0802 (-0.21%) Oct 20 16:47 UTC Oct 22 16:45 UTC
BeforeSince publishPublished · $0.0803
CoinAt publishNowSince publish
HBAR$0.0803$0.0802-0.21%
JST$0.1394$0.1393-0.05%

The chart plots HBAR's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in naira

At today's peer-to-peer rate, 1 HBAR ≈ ₦109.57 (about $0.0802), down 6.7% over 24 hours. The naira itself trades about 2.4% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.

HBAR
#32
$0.0802 ▼ 6.71%
-0.21% since this brief published
7d -3.14%MCap $3.53BFull HBAR data →
JST
#72
$0.1393 ▼ 0.04%
-0.05% since this brief published
7d +4.38%MCap $1.12BFull JST data →
The market when this published · October 20, 2026
Total market cap$2.81T
Bitcoin 24h-3.14%
Ethereum 24h-3.38%
BTC dominance58.5%
Fear & Greed68 · Greed
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · October 22, 2026.

SectorDEX liquidity$13.25Bacross 79 protocolsDeFiLlama ↗

TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.

ZENDEX Launches Private EVM ZK-Privacy DEX Testnet with Comm — questions & answers

What is the significance of ZENDEX's testnet launch?

The testnet launch signifies a move towards enhanced privacy in DeFi, offering a secure platform for professional traders and institutional investors.

How will the testnet rollout be conducted?

The testnet will be rolled out in multiple phases, with each phase introducing new features and functionalities.

What is the role of community incentives in the testnet?

Community incentives, in the form of points, are designed to encourage participation and feedback, fostering a collaborative testing environment.

How much is 1 Hedera worth in naira today?

About ₦109.57 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $0.0802. The naira price moves with both HBAR's US-dollar price and the USDT/NGN rate; use our Hedera in naira page for any amount.

Has Hedera's price moved since this brief was published?

HBAR is down 0.21% since this brief first published — trading at $0.0802 now versus $0.0803 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original TLT brief that synthesises reporting from CryptoPotato. It is not a copy of any one article — follow the source links above for the original reporting.

TLT Newsdesk Data-stamped

TLT's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 22, 2026 ⛓ Timestamped at Bitcoin block #972,625 sha256:8d32760551dc4e20
Based on reporting by CryptoPotato — this is an original TLT summary with live market data, not the original article.CryptoPotato · Oct 20 16:47 ↗

Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.