Dear Horizen Community,
I am making this thread for the sake of holding ZenDEX team (EZ Labs) accountable for their lateness and misleading the entire Horizen community.
Some important timelines:
ZenDEX won a thrive grant in 9/23/2025 as announced in Discord .
This post is being written on 10/18/2026, more than 1 year after grant was announced publicly on discord.
Horizen community members point out that the ZENDEX name is an already existing and abandoned project, and EZLABS team acknowledges this, they proceed to use the name anyway Discord. Discord
1 month after announcement, Horizen members start questioning the legitemacy of EZLABS and Discord admin Rocket says that EZLABS team has won multiple hackathons and a major ETH hackathon in the past (but does not give any proof) Discord
2 months after announcement, Horizen members start questioning the timeline of ZENDEX and its updates, specifically tagging Rocket , Discord
He does not answer on this instance.
4 months after announcement, on 1/9/2026, Bendzy asks Rocket about ZenDex updates. Rocket replies Discord “I expect it soon. I know the date shifted slightly, and I’ll speak with the BD team to get a more definitive answer.”
Rocket proceeds to say on 1/12/2026 “Zendex Early Feb that´s what I got from their team”
Furthermore, a Horizen community members points out wether we can trust the ZenDex team and rocket replies “I believe so” Discord
(how are we unsure that we can trust our grant winners??? This is insane even by crypto standards.)
At this point, the ZENDEX team is still not even in the Horizen discord by the way. Rob Viglione (finpunk) personally asks “i’m super curious, as well. <@800068416765558794> do we have anyone from the Zendex team hanging around in here?”in discord whether anyone from ZENDEX team is here Discord on 2/14/2026 by the way. It was supposed to launch on February, and mid February they were NOT EVEN IN THE HORIZEN DISCORD
On 3/9/2026 user xmode once again questions the ZENDEX timeline and transparency: “Is there something we can consult to see what Zendex have done etc. I am personally curios on the outcome of this dex. The zendex.fi doesnt give info on whats going on. I just see start trading, follow twitter. No info on what are they doing. Update etc. Tbh if it wasnt for the token ZEN as backer. I have a red flag on that project already.”
Admin Rocket once again replies “<@858734077134110730> It’s just missing the final audit , <@800068416765558794> just gave an update on it “That’s right, it’s been a lot of back and forth with auditors over the last couple weeks for ZENDEX. Should have clarity on that this week (auditing will take a couple weeks) and then a testnet phase coming up right after!”.
On 5/15/2026 a discord admin NhuelCryp announced “Congrats ZENDEX team on completion of audit 
”
It is now 10/18/2026. More than 1 year after grant announcement. ZENDEX is still not on mainnet, nor on testnet. 5 months after they passed their audit, no product is in sight. I am hereby calling on all community to do open-source research on EZLABS team. Lets hold them accountable for misleading our community. We went to proof of stake so we can have great privacy oriented applications. It is super disappointed to see people taking advantage of our patience and community, as well as DAO funds.