Your Assets To Go News

ZKSwap V3 Airdrop Details: ZKB Token Clarified

Airdrop Verification Checker

Verify if a claimed airdrop matches the legitimate ZKSwap V3 testnet criteria

Enter your details to check verification status

When the crypto buzz mentions a "ZKSwap V3 airdrop," most readers assume it’s a ZKB giveaway from ZKBase. In reality, the airdrop belonged to ZKSwap, used the ZKS token, and wrapped up in December2021. This article untangles the two projects, walks you through the original V3 testnet rewards, and explains why no ZKB airdrop ever happened.

Key Takeaways

  • ZKSwap’s V3 testnet airdrop handed out 50,000ZKS tokens in December2021; there was no ZKB distribution.
  • ZKBase is a separate ecosystem that issues the ZKB token, with a current circulating supply of roughly 197million.
  • The airdrop required a MetaMask wallet on the Ethereum Rinkeby testnet, a 300‑word review, and the #V3TestnetFeedback hashtag.
  • Understanding the token distinction helps you avoid scams that claim a "ZKB airdrop" linked to ZKSwap.
  • Future airdrop hunters should follow a simple verification checklist outlined below.

What Is ZKSwap??

ZKSwap is a decentralized exchange (DEX) that combines an automated market maker (AMM) model with ZK‑Rollup Layer2 scaling. The rollup compresses thousands of transactions into a single proof, slashing gas costs and boosting throughput. Since its launch, ZKSwap has aimed to provide “unlimited scalability and privacy” for traders and liquidity providers.

Introducing ZKSwap V3

Version3, released on the testnet in late 2021, added a slick UI, full NFT support, and faster order matching. The upgrade was significant enough that the team offered a limited‑time airdrop to encourage real‑world testing.

Comic spread showing MetaMask setup, token swap, review writing, tweeting, and ZKS rewards.

How the ZKSwap V3 airdrop Worked

The V3 testnet giveaway ran from 1December to 14December2021. Here’s a step‑by‑step recap of the original process:

  1. Set up a MetaMask wallet and switch to the Ethereum Rinkeby testnet.
  2. Visit the official ZKSwap V3 testnet page and connect the wallet.Interact with the new features-swap tokens, provide liquidity, or mint an NFT.
  3. Write a review of at least 300words on the ZKSwap forum detailing your experience, bugs found, and UI feedback.
  4. Tweet the forum link with the hashtag #V3TestnetFeedback and include your wallet address.

Eligibility was checked on 15December. The team allocated two reward tiers:

  • Best Contribution Award: 60 users earned 500ZKS each.
  • Honorable Mention: 200 users received 100ZKS each.

All rewards were distributed by 23December2021. The total airdrop size was 50,000ZKS (roughly $30,000 at the time).

What Is ZKBase?

Separate from ZKSwap, ZKBase runs a broader blockchain platform that includes three core components: the ZKSwap DEX, a payment service called ZKSquare, and additional infrastructure tools. ZKBase’s native token is ZKB, not ZKS.

ZKB Token Basics

Key attributes of the ZKB token (as of October2025):

  • Maximum supply: 600million ZKB.
  • Circulating supply: ~197.44million ZKB.
  • Primary uses: governance voting on ZKBase upgrades, fee discounts on ZKSquare, and staking incentives.

No public record shows ZKBase ever issuing an airdrop of ZKB. The confusion stems from the overlapping branding of ZKSwap within the ZKBase ecosystem.

Detective character checks token symbols and network, warning against fake ZKB airdrop scams.

Side‑by‑Side Comparison: ZKS vs. ZKB

ZKS (ZKSwap) vs. ZKB (ZKBase) Token Snapshot
Attribute ZKS ZKB
Issuing project ZKSwap DEX ZKBase ecosystem
Primary purpose Liquidity incentives, governance, fee payment on ZKSwap Governance, fee discounts on ZKSquare, staking rewards
Total supply ~80million (airdrop) + circulating 600million (max)
Known airdrops 2021 mainnet airdrop (80M) & V3 testnet (50K) None documented
Blockchain layer Ethereum Layer2 (ZK‑Rollup) Layer‑1 & Layer‑2 services within ZKBase

Verifying Historical Airdrop Claims

If someone shows you a screenshot claiming a “ZKB airdrop from ZKSwap V3,” run through this quick test:

  1. Check the token symbol. ZKSwap’s token is ZKS; ZKB belongs to ZKBase.
  2. Look for the snapshot date. The V3 testnet airdrop snapshot was 15December2021 on the Rinkeby network.
  3. Search the official ZKSwap blog or GitHub release notes for the airdrop announcement.
  4. Confirm the wallet address on a block explorer that supports the Rinkeby testnet. ZKS testnet tokens appear under the “rinkeby” network, not mainnet.
  5. If the claim mentions a mainnet ZKB transfer, it’s likely a phishing attempt.

Keeping a record of the original announcement links can protect you from future scams.

Checklist for Future Airdrop Hunters

Use this short list before you invest time or personal data into any “airdrop” that mentions ZKSwap or ZKBase:

  • Official source: Verify the announcement on the project’s blog, Discord, or verified Twitter account.
  • Token symbol: ZKS for ZKSwap, ZKB for ZKBase.
  • Network: Testnet airdrops run on Rinkeby or Goerli, not on Ethereum mainnet.
  • Eligibility criteria: Look for concrete steps (e.g., wallet connection, review length) rather than vague “join our Telegram.”
  • Reward distribution timeline: Legit projects publish a clear date; “soon” without details is a red flag.

Following these steps reduces the chance of falling for bogus “ZKB airdrop” offers that misuse the ZKSwap brand.

Frequently Asked Questions

Did ZKBase ever run a ZKB airdrop?

No. ZKBase has not announced or executed any airdrop of its ZKB token. The only documented airdrops involve ZKSwap’s ZKS token.

What was the purpose of the ZKSwap V3 testnet airdrop?

The goal was to encourage deep testing of the new V3 UI, NFT features, and Layer2 performance. Rewards were given to users who provided detailed feedback and bug reports.

Can I claim a ZKS airdrop now?

The V3 testnet airdrop closed in December2021, and the distribution was completed. New airdrops would be announced separately on official channels.

How do I differentiate ZKS from ZKB on a blockchain explorer?

ZKS appears on the Rinkeby testnet (for the V3 airdrop) and on the ZKSwap mainnet contract address. ZKB is listed under the ZKBase contract on the Ethereum mainnet. Check the contract address and network label to be sure.

Is participating in airdrops taxable?

Tax treatment varies by jurisdiction. In many countries, airdropped tokens are considered taxable income at the fair market value on the day you receive them. Keep records of the date, token amount, and USD value for reporting.

Related Posts

Write a comment

Your email address will not be published