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

On May 13, 2024, something important happened in the GameFi world. If you held DeRace (DERC) tokens before 16:00 UTC that day, you got free ZERC tokens automatically. No sign-up. No wallet connection. Just a snapshot-and your balance turned into something new. This wasn’t just a token upgrade. It was a full rebrand, a blockchain switch, and the start of a new chapter called zkRace.

What Was DeRace Before the Swap?

DeRace started as a horse racing metaverse built on blockchain. Think of it like a digital stable where you owned NFT racehorses, bred them to create unique offspring, and raced them in virtual tracks you could build yourself. Players earned DERC tokens by winning races, breeding horses, or even by inviting friends. It wasn’t just a game-it was a play-to-earn ecosystem with real economic value tied to NFTs and tokens.

The original DERC token ran on a basic blockchain setup, but as the project grew, the team realized they needed more speed, lower fees, and better scalability. That’s when they decided to move everything to Base, Ethereum’s Layer 2 chain known for low transaction costs and strong developer support.

The zkRace Token Swap: How It Worked

The switch from DERC to ZERC wasn’t messy. It was clean, precise, and automated. Here’s exactly how it happened:

1. On May 13, 2024, at 16:00 UTC, a blockchain snapshot was taken. This recorded every wallet holding DERC tokens.
2. Every DERC token held at that moment was swapped 1:1 for ZERC tokens.
3. On May 28, 2024, exchanges like KuCoin and Gate.io started distributing ZERC tokens to eligible users.
4. After that, DERC was officially retired. No more trading, no more deposits. Only ZERC remained.

You didn’t need to do anything. If you held DERC in your wallet or on a supported exchange before the snapshot, you got ZERC. No gas fees. No manual claims. The system handled it all.

What Is zkRace (ZERC) Today?

zkRace is still the same horse racing metaverse-but now it’s faster, cheaper, and built for scale. The ZERC token is the lifeblood of the entire ecosystem. You use it to:

• Enter races and claim rewards
• Breed new NFT horses with unique traits
• Build and rent out your own NFT hippodromes
• Participate in prediction markets and earn bonuses
• Report bugs and get rewarded for helping improve the platform

The tokenomics are simple but effective. There are exactly 120,000,000 ZERC tokens in total-and all of them are already in circulation. No more tokens will be minted. That means the market cap is fixed at around $3.1 million (as of November 2025), with each ZERC trading at roughly $0.0258.

The contract address for ZERC is on the Base network: 0xa3a2...f049815. You can verify this on any Base blockchain explorer. The project has also been audited by Hacken, a respected security firm, which adds a layer of trust.

Where Can You Trade ZERC?

After the swap, major exchanges moved quickly to support ZERC. KuCoin was the first to list it, opening ZERC/USDT trading on May 28, 2024. Withdrawals were enabled the next day. Gate.io followed the same timeline, making sure users on both platforms could access their new tokens without delay.

Today, ZERC is still traded on these two exchanges. There’s no official listing on Binance, Coinbase, or OKX yet. Trading volume hovers around $122,795 per day, which is modest but steady for a niche GameFi project. The 24-hour price range usually stays between $0.0257 and $0.0262, showing low volatility.

Is There Still an Airdrop?

The big 1:1 token swap was the only official airdrop. But that doesn’t mean the rewards stopped. zkRace still runs community challenges, referral programs, and in-game events that reward users with ZERC tokens. For example:

• Referring a friend who joins and races can earn you 5% of their race winnings for 30 days.
• Winning a race in a premium tournament might give you bonus ZERC.
• Reporting a bug that gets fixed? You could get a reward of 500-2,000 ZERC.

These aren’t guaranteed payouts like the original swap, but they’re real ways to earn more ZERC without buying it. The team keeps the community engaged by adding new features-like seasonal races and limited-edition NFT horses-every few months.

How Does zkRace Compare to Other GameFi Projects?

There are dozens of play-to-earn games out there, but zkRace stands out in three ways:

1. Real NFT utility-Your horse isn’t just a skin. It has stats, lineage, and breeding potential that affect race outcomes.
2. Ownership of tracks-You can build and monetize your own hippodrome. Others pay you to race on it.
3. Fixed token supply-Unlike many GameFi tokens that keep inflating, ZERC has no more supply to mint. That’s rare.

Compare that to other horse racing games like RaceRoom or Horse Racing Metaverse-most of them rely on unstable token models or lack real ownership. zkRace gives you actual digital assets you control.

What Happened to Old DERC Tokens?

After May 29, 2024, DERC was completely delisted. No exchange accepts it anymore. If you still have DERC in your wallet, it’s worthless. The contract is frozen. The blockchain doesn’t recognize it. The only way to get value from your old holdings was to hold them before May 13, 2024.

Some users missed the snapshot because they held DERC on unsupported wallets or exchanges. Those people lost out. There was no grace period. No extension. That’s why timing mattered.

Should You Buy ZERC Now?

If you’re thinking about buying ZERC today, here’s what to consider:

• Pros: Fixed supply, active ecosystem, real use cases in a growing metaverse, and low price entry point.
• Cons: Low trading volume, limited exchange support, and no major marketing push since the swap.

ZERC isn’t going to explode tomorrow. But if you believe in the long-term value of NFT-based gaming and want to own a piece of a functional, non-inflationary GameFi project, it’s worth holding. It’s not a speculative gamble-it’s a stake in a working digital economy.

Right now, the best way to get ZERC is to play. Join a race. Breed a horse. Invite a friend. Earn tokens through activity, not speculation. That’s how the ecosystem was meant to grow.

Future of zkRace

The team hasn’t released a public roadmap, but updates are happening. Recent updates include:

• New horse traits added to breeding pools
• Improved UI for hippodrome construction
• Integration with mobile wallets for easier access
• Plans for cross-chain staking (rumored for 2026)

The goal is clear: make zkRace the most engaging, self-sustaining horse racing metaverse in Web3. They’re not chasing hype. They’re building tools, rewards, and community-not just tokens.