Skip to content

Robinhood Chain·Scanned 06 Nov 2026, 18:22 UTC

PonsV2LauncherToken $ZENO

0x31ced11f076e45da2508da2db4a2f296021a1e21

Verdict

Caution

62/100 safety

Template token with no owner powers; sells work at ~3% curve fee, but snipers took 30% of supply at launch.

The ZENO token contract itself is clean: a standard Pons launchpad template with no owner powers, and sells work at about a 3% curve fee. The main concerns are a heavily sniped launch (about 30% of supply bought in the first 10 seconds, partly through bundled wallets) and advertised buybacks that have not happened on-chain. The wider Zeno trading protocol is controlled by a single admin wallet that can upgrade the vault holding user deposits. The team is anonymous, and its posts claim features are live that the site still shows as testnet or roadmap items.

Score breakdown

  • Contract
    85
  • Token
    40
  • Social / X
    45
  • Website
    45

Higher is safer · 0 = worst · 100 = best

Yes
3%
None (no owner role)
0% / 0%

NarrativeSteady

Trend scout · Grok 4.7 · X search via twitterapi.io

42/100 heat

A separate score, not part of the safety score: hype never makes a contract safer.

  • tokenized stocks
  • onchain perps
  • RWA
Fit
Core: the product is this narrative
Buzz
Organic53 posts from 30 accounts; 3 of 53 posts are near-copies (largest group 3); 0% of authors have accounts under 30 days old; 4 post(s) with engagement that does not fit the follower count.
Momentum
Project mentions roughly ~260 vs ~508 the prior week, coded flat (rough); tokenized-stocks talk roughly ~2876 vs ~1728, also flat (rough); RWA about ~10213 with no comparison.

Zeno Markets' own posts and site describe one margin account for perps, options and stock-backed lending on Robinhood Chain. Recent $ZENO posts are a modest, flat mix of product notes, callouts and a fud/relaunch argument; several posts use a Solana pump address, not the Robinhood contract. Tokenized-stocks and RWA talk is broader than this ticker.

Posts and accounts (5 posts)
  • @chrisgivesaf · 06 Nov 2026, 12:47 UTC

    “bought $zeno at 10k it is a multi product trading terminal on rh it offers one margin account for perps, options, and stock backed lending”

  • @greenbackschool · 30 Oct 2026, 17:17 UTC

    “Patience is a virtue. Now LFG $ZENO FMGe8RStdPc1YR59BBuV5Ui12DEe3Q2zVoihrJBbpump”

  • @0xLeendude · 30 Oct 2026, 18:15 UTC

    “Whatever caused the fud-storm I don't know or care. I do know predictive intelligence is booming”

  • @KenanEee · 20 Oct 2026, 03:27 UTC

    “Sniped $zeno at $45K MC. Now sitting at $540K MC. 12× move.”

  • @0xCan24 · 06 Nov 2026, 17:09 UTC

    “1inch Wallet now supports the 8 new Robinhood Stock Tokens, putting crypto and tokenized stocks side by side”

Who pushes it

Competing for the same narrative

Ondo, ORBIO, COMPUTE, bullcard

Posts, last 7 days vs the 7 before

  • project: ~260 vs 508 (flat (rough))
  • tokenized stocks: ~2876 vs 1728 (flat (rough))
  • RWA: ~10213 (no comparison)

~ = estimated from one page of results

Measured in code from 53 posts by 30 accounts: 0% fresh accounts (< 30 days), 6% near-copies, top 3 accounts wrote 28%.

X posts searched from 2026-10-07 to 2026-11-07 (UTC). Post links come only from the X search results.

Key findings

  • HighClaim contradicted: The ZenoBuybackModule uses protocol revenue to purchase back the protocol token.
  • HighClaim contradicted: A portion of every trading fee is allocated for ZENO token buybacks.
  • MediumLaunch sniped: 23 wallets took 30.3% of supply in 10 seconds
  • MediumOne unnamed admin can upgrade the vault holding user deposits

What would change the verdict

  • Raises safety:On-chain ZENO buybacks or burns begin from the fee-funded buyback module → website and token scores up
  • Raises safety:Protocol vault and engine admin moves from a single wallet to a multisig with a timelock → up
  • Lowers safety:The claimed RobinFlow lock (~1.98% of supply) unlocks on 6 Dec 2026 and is sold → down
  • Lowers safety:The wallet cluster sharing one funder (~4.9% of supply) sells into the thin curve liquidity → down

Unlock PRO for this project

A one-time payment adds hourly re-checks for good, a 7-day watch, questions to the jury, the launch map and deeper social forensics.

Post on XView on explorer ↗

Findings

8 findings

Risks (7)

  • HighClaim contradicted: The ZenoBuybackModule uses protocol revenue to purchase back the protocol token.claims-mismatchDeterministic

    The project claims token burns / buybacks, but no tokens of this contract were ever sent to a burn address or destroyed.

    Evidence

    • Show source
      Uses protocol revenue to buy back the protocol token.
    • on-chainTransfer events of 0x31ced11f076e45da2508da2db4a2f296021a1e21 to burn addresses + balanceOf(0x…dEaD)

    Confirmed by: facts

  • HighClaim contradicted: A portion of every trading fee is allocated for ZENO token buybacks.claims-mismatchDeterministic

    The project claims token burns / buybacks, but no tokens of this contract were ever sent to a burn address or destroyed.

    Evidence

    • Show source
      A share of every trading fee set aside for ZENO buybacks
    • on-chainTransfer events of 0x31ced11f076e45da2508da2db4a2f296021a1e21 to burn addresses + balanceOf(0x…dEaD)

    Confirmed by: facts

  • MediumLaunch sniped: 23 wallets took 30.3% of supply in 10 secondssnipersDeterministic

    The launch was captured: 23 wallets bought 30.3% of the supply within 10 seconds. A small, fast group set the early price and could sell into everyone who bought later — bad for launch fairness and a strong insider/bot signal. They now hold 1.38% of supply, so current dump pressure from them is low — most of it was already sold, i.e. they exited on later buyers.

    Evidence

    • on-chainsnipers: windowBlocks=100, wallets=23, pctSupplyBought=30.2701, pctSupplyHeldNow=1.3818

    Confirmed by: facts

  • MediumOne unnamed admin can upgrade the vault holding user depositswebsiteAI

    Zeno's own docs say deposits, margin and payouts are real funds held only by the vault, and that every contract is a proxy an admin can upgrade, so the code behind those addresses can change. That is separate from the $ZENO token. Anyone who deposits USDG or tokenized stocks into the advertised vault is trusting whoever controls those proxies, not just the token contract. No team member is named on the site or the X bio, so that admin is not publicly identified.

    Evidence

    • Show source
      Deposits, positions and payouts are real funds. The vault is the only contract that holds tokens. Every contract is a proxy that an admin can upgrade, so the code behind an address can change (see Known limits).
    • Show source
      Every contract sits behind an ERC-1967 proxy and is open on the explorer.

    Confirmed by: grok-4.7, gpt-5.6-sol

  • MediumPosts say mainnet features are live; site still shows testnet democlaims-mismatchAI

    The X account says Zeno V2.0 Capital (borrow USDG against tokenized stocks, lend USDG, RFQ) is already live on Robinhood Chain mainnet, and an earlier post the same night said the deployment was complete. The homepage still lists V2.0 Capital as a later roadmap step after V1.0, and the how-it-works page is an interactive demo on Robinhood Chain Testnet that uses a pretend wallet and free test tokens. Someone reading only the posts can think real stock-backed lending and perps are open; the site's own pages still describe a testnet/demo. The docs also say option premiums are signed off-chain with placeholder inputs and that funding currently moves no money because mark and index are the same price.

    Evidence

    Confirmed by: grok-4.7, gpt-5.6-sol

  • LowClaimed one-month team lock on an unidentified locker (RobinFlow)socialAI

    The project says 19,814,050.56 ZENO is locked on something called RobinFlow until 6 December 2026, about one month after the 5 November 2026 launch, and calls it non-custodial. RobinFlow is not a known locker in this chain's glossary and no third-party post identifies it; only the project's own post states the lock. A one-month team-token lock, even if real, is short, and this review cannot confirm the lock from the on-chain facts provided.

    Evidence

    Confirmed by: grok-4.7, gpt-5.6-sol

  • LowSite claims every contract is a proxy; at least one is notclaims-mismatchAI

    The blanket proxy description is false for at least one identified protocol contract: ZenoCrossMarginManager is reported as a verified contract but not a proxy. The material also does not independently establish the claimed total of 25 contracts across exactly six modules.

    Evidence

    • Show source
      25 contracts. Every one on the explorer. Six modules, each behind an ERC-1967 proxy.
    • on-chainZenoCrossMarginManager at 0x20031081CE9d25C3AfF39eBc34a57a6fD7b80593: isProxy = false
      Show source
      name: ZenoCrossMarginManager; verified: true; isProxy: false

    Confirmed by: gpt-5.6-sol, grok-4.7

Notes (1)

  • InfoContract address in X posts matches the site and the tokensocialAI

    The X account was created 1 November 2026 (same day the domain was registered) and is verified, with about 60 followers. Its launch post and the website header/docs all show the same contract, 0x31ce…1e21. Searches for scam, rug or honeypot did not return accusations about this token; mentions are mostly generic replies and a couple of caller posts. No named founder is given, so the team is anonymous.

    Evidence

    Confirmed by: grok-4.7, gpt-5.6-sol

Score breakdown

Higher is safer. The overall is the weighted average of the assessed parts, then capped by hard facts.

  • Contract

    weight 45%
    85

    The ZENO token is a verified, non-upgradeable Pons template with no owner powers, and buys and sells work at about 3% curve fees.

    Why this score

    Raised the score

    • Verified source, not a proxy
    • No owner, mint, pause or blacklist powers on the token
    • Buy and sell simulation passed at about 3% tax
    • Fees are fixed at deploy (1% protocol, 1.97% creator)

    Lowered the score

    • Bonding curve has unreviewed static-analysis flags in factory-only paths
    • Related protocol contracts can be upgraded by one admin wallet
  • Token

    weight 30%
    40

    The launch was captured by snipers and bundled wallets, liquidity is small, and the advertised buybacks have not happened on-chain.

    Why this score

    Raised the score

    • Deployer holds 0% and has not sold
    • Snipers now hold only about 1.4%
    • Top-10 holders outside the curve hold about 26%

    Lowered the score

    • 23 sniper wallets bought 30.3% of supply in the first 10 seconds
    • Several same-block bundles, some sharing one funder
    • A cluster with a common funder holds about 4.9% now
    • Curve liquidity is only about $3.2k and the token has not graduated
    • Buyback and burn claims are not reflected on-chain
  • Social / X

    weight 15%
    45

    The X account is days old and anonymous, and its 'live on mainnet' posts conflict with the site's testnet and roadmap pages.

    Why this score

    Raised the score

    • Posted contract address matches the site and the token
    • No third-party scam or rug accusations found

    Lowered the score

    • Account created a few days before launch; team is anonymous
    • Posts claim V2.0 is live while the site still shows testnet and a roadmap step
    • Claimed token lock is short and sits on an unidentified locker
  • Website

    weight 10%
    45

    A working trading dapp with frank docs, but a days-old domain and several claims that the facts contradict.

    Why this score

    Raised the score

    • Trading dapp test opened a perps position successfully
    • Docs openly disclose admin-upgradeable proxies
    • Protocol contracts are verified on the explorer

    Lowered the score

    • Domain registered days before launch
    • Buyback claims are not backed by any on-chain burns
    • 'Every contract behind a proxy' claim is false for at least one contract
    • Close-position test returned no funds before it timed out