Aztec Network Announces Fair-Access Token Sale Using Uniswap’s New Auction Protocol

[Zug, Nov. 13, 2025] Aztec Network, the privacy-native Layer 2 on Ethereum, today announced updates to its token-related plans, with registration beginning today at 3 pm CET.

The token distribution will leverage Uniswap Labs’ newly launched Continuous Clearing Auction (CCA), a set of smart contracts developed with Aztec as a core contributor that aims to make token distribution more transparent and accessible to a broader audience.

Aztec will be the first project to leverage CCA. “Fair, community access should be the foundation of token launches,” said Zac Williamson, Co-Founder of Aztec Network.

“Given that the current system heavily favors insiders and whales over long-standing community members, CCA will. It completely changes that unjust dynamic and demonstrates our shared commitment to building infrastructure that truly serves the community.”

Rather than conducting a traditional airdrop, Aztec’s token distribution uses the CCA protocol to prioritize fairness, accessibility, and fair price discovery for community members who wish to help bootstrap the network’s decentralized staking set and participate in network governance.

The community-first distribution offers a starting floor price based on a $350 million fully diluted valuation (FDV), which represents an approximate discount of 75% to an implied network valuation (based on the latest valuation from Aztec Labs’ equity financings).

The auction also features per-user participation caps to give community members genuine, bid-clearing opportunities to participate. The CCA protocol aims to address the current challenges in token distribution, where retail participants are often disadvantaged against whales and institutions that hold large amounts of money.

“For the past several months, we’ve worked closely with Uniswap Labs as contributors on the CCA protocol,” said Joe Andrews, President and Co-founder at Aztec Labs.

“This launch is a first for Ethereum; we have incorporated zero-knowledge proofs into the sale smart contracts by using ZkPassport’s Noir circuits to ensure compliant sanctions checks without a user risking their passport details being leaked in a data breach. This is an exciting preview of what is enabled with programmable privacy on a blockchain.”

Registration for the token distribution will begin today, November 13, 2025, at 3 pm CET. Long-standing community members will get early access and can start participating today. The official auction for the general public will begin on December 2, 2025, and close on December 6, 2025.

Community members can participate by verifying eligibility and minting a soulbound NFT that confirms participation rights.

About Aztec Network

Aztec is the privacy-native Layer 2 on Ethereum. It empowers developers to build applications that protect user privacy while enabling compliance. Backed by a $100M Series B led by a16z, Aztec is led by a team of world-class researchers and cryptographers who invented trustless client-side proving — the innovation that makes privacy-preserving apps on mobile possible.

Using zero-knowledge proofs (ZKPs) and the Noir open-source, Rust-like programming language, Aztec is building a secure and scalable privacy layer for the decentralized future.

About Aztec Foundation

The Aztec Foundation is a nonprofit organization that supports the growth and development of open-source programmable privacy. As stewards of the Aztec Network, the Foundation conducts fundamental research in freedom-enhancing cryptography, provides support to builders developing innovative applications that protect user privacy, enable compliance, and maintains Noir, the universal language for zero-knowledge proofs.

The Foundation contributes across protocol operations, technology, and commercial, ensuring the community is involved in key decisions.