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Market cap


Volume (24h)


Circulating supply

79.1M HZN

All time high


Price change (1h)


Price change (24h)


Price change (7d)


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Horizon Protocol is on the decline this week.

The price of Horizon Protocol has fallen by 3.38% in the past 7 days. The price declined by 1.25% in the last 24 hours. In just the past hour, the price grew by 0.58%. The current price is $0.0171 per HZN. Horizon Protocol is 99.12% below the all time high of $1.93.

The current circulating supply is 79,135,706 HZN.


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What Is Horizon Protocol (HZN)?

Horizon Protocol is a DeFi platform assisting the creation and trading of on-chain (transaction executed and verified on the blockchainsynthetic assets representing the real economy. Synthetic assets are assets that derive their value from underlying assets. 

Horizon aims to give a return profile of real-world assets exposure through smart contracts on the blockchain. Smart contracts are regular contracts, but instead of being drafted on paper, these contracts run in the form of protocols on the blockchain. Horizon is the fork of Synthetix and focuses on tackling problems related to scalability and affordability. 

Its users receive rewards for making stablecoins back-synthetic assets and providing liquidity for replicating the underlying asset's price, volatility, valuation, and return. The platform also acts as an asset verification protocol that enables validation and synthetic replication of assets in the real world. Furthermore, the platform uses markets, prices, and economic data to price synthetic assets.  

The platform consists of the Horizon exchange that aims to increase the accessibility to various real-world assets and enable easy trading between the combination of assets. The exchange also develops a suite of trading tools that includes trade histories, limit orders, and charts for technical analysis.

HZN is the native token of the Horizon Protocol that provides economic incentives to the platform participants. HZN can be used as collateral as a part of the analysis of synthetic assets, manage the reward system, and facilitate a DAO which governs the protocol and all future development. HZN token holders stake their tokens into the liquidity pool and receive rewards.

Staking the HZN tokens gives token holders the power to participate in the voting process related to the development and Horizon Improvement Proposals. HZN stakers manage protocol direction and functional improvements exchanges (fee, rewards, and burn). Cryptocurrency burning is when a fraction of tokens are sent to a wallet with no private key. This means the tokens are lost forever. Tokens are usually burnt to reduce availability and increase market value.

Additionally, the stakers manage liquidity pool farms, staking and liquidity pool rewards, and collateralization ratio of zAssets (tradable synthetic assets of the platform). 

History of Horizon Protocol

The total supply of the HZN tokens is one hundred million coins. 














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What is the current price of Horizon Protocol?

We update our Horizon Protocol to USD currency in real-time. Get the live price of Horizon Protocol on Coinbase.

What is the market cap of Horizon Protocol?

The current market cap of Horizon Protocol is $1.35M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Horizon Protocol?

The all-time high of Horizon Protocol is $1.93. This all-time high is highest price paid for Horizon Protocol since it was launched.

What is the 24 hour trading volume of Horizon Protocol?

Over the last 24 hours, the trading volume of Horizon Protocol is $56.37K.

What other assets are similar to Horizon Protocol?

Assets that have a similar market cap to Horizon Protocol include PEAKDEFI, Razor Network, LGCY Network, and many others. To see a full list, see our comparable market cap assets.

How many Horizon Protocol are there?

The current circulating supply of Horizon Protocol is 79 million.

Can I buy Horizon Protocol on Coinbase?

No, Horizon Protocol is not currently available on Coinbase, but you can sign up to get the latest news on Horizon Protocol and be notified when it gets added to our exchange.