ZERC DeRace Airdrop: Complete Guide to the zkRace Token Swap and Distribution

On May 13, 2024, something important happened in the NFT horse racing world. If you held DeRace (DERC) tokens before 16:00 UTC that day, you automatically became a holder of zkRace (ZERC) tokens. No sign-up. No form. No waiting. Just a clean, automatic swap that turned your old tokens into new ones - at a 1:1 ratio. This wasn’t just a rebrand. It was a full technical upgrade, and it’s still the only way to get ZERC tokens today.

What Was the zkRace Airdrop?

The zkRace airdrop wasn’t a giveaway. It was a token migration. DeRace, the original NFT horse racing game built on Ethereum, needed a better foundation. The old system was slow and expensive. So the team moved everything to Base, a low-cost blockchain powered by Coinbase. They renamed the project zkRace and launched a new token: ZERC.

If you had DERC in your wallet or on a supported exchange like KuCoin or Gate.io before the snapshot, you got ZERC. No action needed. The system scanned every wallet, counted your DERC balance, and sent you the exact same number of ZERC tokens. That’s it.

This wasn’t a marketing stunt. It was a technical necessity. The old DERC contract was locked. The new ZERC contract on Base was built to handle more users, faster transactions, and cheaper fees. The airdrop was the bridge between the old world and the new one.

How the Token Swap Worked

The swap followed a strict timeline:

• Snapshot date: May 13, 2024, at 16:00 UTC
• Swap completion: May 28, 2024
• Trading started: May 28, 2024, at 10:00 UTC on KuCoin
• Withdrawals enabled: May 29, 2024, at 09:00 UTC

KuCoin and Gate.io handled the swap for users who held DERC on their platforms. If you kept your tokens on an exchange, you didn’t need to do anything. The exchange did it for you. If you held DERC in your own wallet - like MetaMask or Trust Wallet - you didn’t need to move it. The protocol automatically credited your wallet with ZERC after the swap.

After May 29, 2024, KuCoin stopped supporting DERC entirely. Any leftover DERC tokens became worthless. There was no second chance. If you missed the snapshot, you missed the swap.

zkRace Tokenomics: Supply, Price, and Market Data

As of November 2025, here’s what the ZERC token looks like:

• Total supply: 120,000,000 ZERC
• Circulating supply: 120,000,000 ZERC (100%)
• Current price: $0.0258 (0.0000002295 BTC)
• Market cap: $3,094,440
• Daily volume: $122,795 (1.09 BTC)
• Blockchain: Base
• Contract address: 0xa3a2...f049815

The fully diluted market cap equals the current market cap. That means all tokens are already in circulation. No more will be minted. No hidden reserves. The supply is fixed.

The price has stayed relatively stable since the swap. In the last 24 hours, it’s swung between $0.0257 and $0.0262. That’s a 2.3% movement - typical for a token of this size. It’s not a meme coin. It’s not pumping 500% in a week. It’s a utility token tied to a working game.

What Is zkRace Actually Used For?

zkRace isn’t just a token. It’s the engine of a full NFT horse racing metaverse. Here’s how ZERC works inside the game:

• Buying and selling NFT racehorses: Every horse is unique. You need ZERC to buy, sell, or trade them.
• Entering races: To race your horse, you pay a small ZERC entry fee. Winners get ZERC prizes.
• Breeding horses: Combine two horses to create a new one. Breeding costs ZERC and takes time.
• Building hippodromes: Own a virtual racetrack. Charge entry fees to other players. Earn ZERC from every race held on your track.
• Referrals: Invite friends. Get ZERC rewards when they join and race.
• Bug reporting: Find a glitch? Report it. Get paid in ZERC.

The game runs entirely on-chain. Every horse, every race, every track is an NFT. Every transaction uses ZERC. There’s no other currency. No in-game coins. No points. Just ZERC.

Is zkRace Still Active?

Yes. The platform is live. The website is up. The app works. The team is still releasing updates. You can still breed horses, race, and build hippodromes.

The project underwent a security audit by Hacken, a well-known blockchain auditor. That’s a good sign. It means the smart contracts have been checked for bugs and vulnerabilities.

There’s no public roadmap, but the team has hinted at future features: expanded horse traits, new race types, and a mobile app. Community challenges still happen - sometimes offering ZERC rewards for participation.

But here’s the catch: zkRace is still a niche game. It’s not as big as Axie Infinity or The Sandbox. It doesn’t have celebrity investors or big marketing budgets. Its value comes from the players who still race, breed, and trade.

Can You Still Get ZERC Tokens?

You can’t get them from an airdrop anymore. The only airdrop happened in May 2024. But you can still buy ZERC on exchanges.

KuCoin and Gate.io still list ZERC/USDT trading pairs. Bitget also supports it. You can trade ZERC for USDT, BTC, or ETH.

If you want to use ZERC in the game, you’ll need to buy it on an exchange and send it to your wallet. Then connect your wallet to the zkRace platform. From there, you can start racing.

There’s no official wallet for zkRace. You can use any EVM-compatible wallet - MetaMask, Rabby, or Trust Wallet. Just make sure you’re on the Base network when you send or receive ZERC.

What Happened to DeRace (DERC)?

DERC is dead. Officially. After the swap, it was delisted from every exchange. No trading. No support. No value.

If you still have DERC tokens in your wallet, they’re just digital ghosts. They won’t convert. They won’t be refunded. They won’t work in the game.

The only way to recover value from DERC was to hold it before May 13, 2024. If you didn’t, you missed out. No exceptions. No extensions.

Is zkRace Worth Buying Now?

That depends on what you’re looking for.

If you want a high-growth crypto asset - zkRace isn’t it. The market cap is under $3.1 million. Daily volume is low. It won’t make you rich overnight.

But if you’re into NFT horse racing and want to play the game - then ZERC is essential. You need it to race, breed, and earn. The token has real utility inside the ecosystem. That’s rare.

It’s also one of the few GameFi projects that didn’t collapse after the 2022 crypto crash. It survived. It upgraded. It kept building. That says something.

Think of it like buying a ticket to a small but passionate racing league. You’re not investing in hype. You’re investing in access.

Where to Buy ZERC Tokens

As of November 2025, ZERC is available on:

• KuCoin - ZERC/USDT, ZERC/BTC
• Gate.io - ZERC/USDT
• Bitget - ZERC/USDT

Always check the contract address before sending funds: 0xa3a2...f049815. Scammers often create fake tokens with similar names.

Never send ZERC from a centralized exchange directly to the zkRace game. Always send it to your personal wallet first, then connect your wallet to the game. This avoids loss.

What’s Next for zkRace?

The team hasn’t released a public roadmap. But based on community updates and recent activity, here’s what’s likely coming:

• Mobile app for iOS and Android
• New horse traits and genetic mutations
• Multi-race tournaments with bigger ZERC prizes
• Integration with other Base-based NFT games
• More community challenges and airdrops (but not token swaps)

The game’s core loop - breed, race, earn - is solid. The challenge now is growing the player base. Without more users, the economy stagnates.

If you’re already in, keep racing. If you’re thinking about joining, buy a few ZERC tokens, get a basic horse, and try it out. The entry cost is low. The experience is real.