What Is Anonymous Cat (ZCAT)? The Solana Cat Coin That Paid Holders $2.8 Million in Zcash

Anonymous Cat is a Solana meme token, ticker ZCAT, launched through the StonkFun launchpad and built on Solana's Token-2022 standard. It charges a 3 percent tax on every transfer, converts most of that tax into Zcash, and airdrops the Zcash to wallets holding at least twenty dollars of ZCAT. Traders are searching it because those payouts have grown large.

Anonymous Cat at a Glance

About 2,320 ZEC, roughly $2.8 million, has reached ZCAT holders across more than 470,000 separate payouts, according to the project's own dashboard as reported by CoinDesk on Monday 7 September.

That total is large because Zcash itself ran hard. ZEC closed Sunday 6 September at $1,226.67 on Phemex spot, up 19.64 percent on the session and 139.97 percent across thirty sessions, its highest close in the 365-session window ending that day.

ZCAT closed the same session at $0.155224 on CoinGecko's series, against $0.037823 the session before. So the payout pot and the token that pays it both repriced inside one weekend, and that is the setup you need to understand before you touch either one.

What Is Anonymous Cat?

Anonymous Cat is a cat-themed token on Solana that exists to route a trading tax into a different asset. The cat is the packaging, and the Token-2022 transfer-fee extension underneath it is the product.

The mint address HcRLc9VDgjLeK154xDawfb1dmVJ98DoSqcwTHGqiDeJR is owned by the Token-2022 program rather than the older SPL token program.

A direct getAccountInfo call against Solana mainnet returns nine decimals, the name Anonymous Cat, the symbol ZCAT, and null values for mint authority, freeze authority and metadata update authority.

Those nulls mean no new supply can be minted, no wallet can be frozen, and the on-chain name cannot be rewritten. They're a real check and they aren't a safety certificate, and the risks section below explains why.

Think of it as a toll road. Every car that drives on it pays at the booth, the operator sweeps the takings, and the takings come back to residents as Zcash.

The road produces nothing of its own and only collects from the traffic passing over it.

Why Did ZCAT Become Popular?

Zcash is the reason. ZEC's Sunday close was its best in a year of sessions, and a token that mails you ZEC becomes interesting the moment ZEC starts moving. Our Zcash explainer covers what the network does and why privacy demand came back.

The second reason is the venue. ZCAT trades against ZEC rather than against SOL or a stablecoin, and it can do that because StonkFun lets a new token pick its own quote asset.

The Block reported on Sunday 6 September that the platform's own STONK token had run to a market value near $140 million after a Raydium LaunchLab integration.

Pairing against ZEC does something subtle. When ZEC rises, a ZCAT holder picks up a dollar lift from the quote asset and a bigger dollar payout from the same tax revenue, without anyone buying more ZCAT.

And cat coins have been a live category all year. Cash Cat on Robinhood Chain was the summer's version of the same trade. ZCAT ranked fifth of fifteen on CoinGecko's trending list at 06:40 UTC on Monday 7 September.

How Does the ZCAT Token Work?

The mechanics live in one Token-2022 extension called transferFeeConfig, and every number in it is readable from a single RPC call against a Solana node.

The fee rate is 300 basis points. Three percent of every transfer is withheld at the protocol level, on the way in and on the way out. There's no allowlist and no exemption for a routine wallet move.

The maximum fee is set to one quintillion raw units. At nine decimals that ceiling is a billion tokens, which is above the entire supply, so in practice the 3 percent has no cap.

One key sweeps the pot. The withdrawWithheldAuthority field resolves to the single address 5KXDF6QnqhBj72hDtJNkkpFaQVUfbFXNybMsp3DiK6tD. Withheld fees accumulate on token accounts until that key collects them, and the collection step is what funds the Zcash buying.

Distribution needs nothing from you. Payouts land in wallets holding at least twenty dollars of ZCAT, with no staking, no claiming and no wallet connection, and the project states plainly that the amount varies with activity and isn't a guaranteed yield.

Supply is close to fixed. The getTokenSupply call returned 968,921,017 tokens at 16:10 UTC on Monday 7 September against 968,930,965 earlier the same morning, so the float creeps down rather than up.

Anonymous Cat vs Zcash

Traders searching ZCAT are usually deciding between the cat and the coin it pays out in. They are not the same instrument.

The practical read is that ZCAT is a taxed, high-velocity bet on Zcash attention rather than a substitute for Zcash. If the privacy trade is what you want, you can take it directly.

What Can Move the ZCAT Price?

Does the Zcash Price Set the Payout?

Largely, yes. The tax collects in ZCAT terms and converts into ZEC, so a rising ZEC raises the dollar value of a fixed number of coins mailed out. A sharp ZEC drawdown shrinks the headline payout even if ZCAT trading never slows.

How Much Does Trading Volume Matter?

It's the engine. CoinGecko recorded $61.49 million of volume in the Sunday 6 September bar against a $150.4 million market value at that close, a turnover of 0.41 in one session. Turnover at that level is what makes a 3 percent tax meaningful.

Can the Launchpad Itself Move It?

Yes, through routing. StonkFun's quote-asset design is what puts ZCAT into a ZEC pool at all, so a change in how that platform weights or routes pairs would change where ZCAT liquidity lives.

What Happens When New Pools Open?

Fragmentation cuts both ways. Thirty Solana pools quote the token, and a new venue can add depth or split it, which widens the spread on the pool you happen to be trading.

Where Does Fresh Demand Come From?

Attention, and only attention. There's no revenue, no treasury and no product roadmap to reprice. A listing, a viral post or a fresh leg in the privacy narrative are the realistic catalysts, and each of them can reverse in a session.

Risks of Buying or Trading Anonymous Cat

One Wallet Controls the Fee Pot

The withheld-fee balance is collectable by exactly one address. Nothing on chain obliges that key to convert the takings into Zcash or to distribute them. The payout history is a track record, not a promise, and one signature can end it.

Rewards Come From Churn, Not Income

CoinDesk states this plainly, and it matters more than the headline number. The Zcash arriving in your wallet is paid for by other people buying, selling and moving ZCAT.

If trading dries up the payouts fall away with it, the same way a bar that rebates its regulars out of the night's tab has nothing to rebate on a quiet Tuesday.

The Tax Hits Both Sides of Every Trade

Three percent leaves on the way in and three percent leaves on the way out, before slippage and before any price move. A round trip starts roughly six percent underwater. Short-term trading against that drag is a losing structure unless the move is very large.

The Pools Are About a Week Old and Thin

The oldest pool opened at 23:29 UTC on Sunday 30 August 2026.

Pooled liquidity across all thirty Solana pools measured about $3.5 million on DexScreener at 16:10 UTC on Monday 7 September, against a $150.4 million market value at the Sunday close. Depth near two percent of market value is where size cannot exit.

Same-Name Decoys Live on At Least Five Chains

A DexScreener name search returns tokens called Anonymous Cat on Solana, BNB Chain, Sui, Ethereum and Robinhood Chain, several carrying a few thousand dollars of liquidity and a price already down more than half.

Null mint and freeze authorities do not identify the canonical contract either, because a decoy can set the same nulls in one transaction. Only the address does.

There Are No Official Social Channels

The token lists no Telegram, no Discord and no X account on GeckoTerminal, and its only website is a launchpad page. That's consistent with the anonymous framing, and it removes the disclosure surface you would normally use to check who is running something.

How to Research Anonymous Cat Safely

Start with the address and never with the name. Copy HcRLc9VDgjLeK154xDawfb1dmVJ98DoSqcwTHGqiDeJR from a source you already trust, then check it against the CoinGecko listing and the volume leader before you send anything anywhere.

Sort any explorer result by volume and holder count rather than by liquidity. Liquidity is the easiest field to inflate, and the Ethereum decoy in this field displays a large pool with almost no trading passing through it.

Read the pool creation timestamp instead of the marketing copy. DexScreener exposes pairCreatedAt on every pair, and a market that opened seven days before the close you're analysing has no history to lean on.

Check the extensions, not only the authorities. The Solana token extensions documentation describes what each field does, and on a Token-2022 mint the transfer-fee block tells you what a trade costs before you place it.

Then price it on two feeds. The Sunday 6 September close read $0.155224 on CoinGecko against $0.1545 on the hourly bar opening 00:00 UTC on Monday 7 September at a major centralized venue, a spread of 0.47 percent.

A gap much wider than that usually means one of the two series is measuring something else.

Holder concentration is the last box. GeckoTerminal counted 18,596 holders at 15:28 UTC on Monday 7 September, with the top ten wallets on 15.60 percent and the next ten on 7.95 percent.

Is Anonymous Cat a Good Investment?

Not as a holding, and the mechanism rather than the price is the reason.

An asset whose distributions are funded by its own turnover pays best when it is most crowded and pays least when you most want the income, which is the opposite shape of anything you would size a position around.

As a trade it is a fast proxy for Zcash attention, and it should be sized like one. The six percent round trip, the week-old pools and the single fee key are all live, and none of them are priced by a chart.

If the privacy narrative is what drew you here, the cleaner expression is Zcash itself. You get the same directional exposure with a decade of market history, a deep venue and no transfer tax on either side.

If you want the cat, treat it as a lottery ticket you can afford to lose, because that's the risk you're taking.

Frequently Asked Questions

How much Zcash has Anonymous Cat paid holders?

About 2,320 ZEC, roughly $2.8 million, across more than 470,000 separate payouts. That figure comes from the project's own dashboard as reported by CoinDesk on Monday 7 September 2026.

How much ZCAT do I need to receive Zcash rewards?

Wallets holding at least twenty dollars of ZCAT qualify, according to the project's dashboard as reported by CoinDesk. Rewards arrive automatically, with no staking or claiming step.

Does the 3 percent tax apply if I only move tokens between my own wallets?

Yes. The Token-2022 transfer-fee extension charges every transfer at the protocol level, including moves between wallets you control. Consolidating holdings costs you 3 percent each time.

How do I tell the real ZCAT from the copies?

Verify the mint address HcRLc9VDgjLeK154xDawfb1dmVJ98DoSqcwTHGqiDeJR against CoinGecko and against the highest-volume pool. Same-name tokens exist on at least four other chains with almost no liquidity behind them.

Why does the ZCAT supply keep falling?

Two dated RPC pulls on Monday 7 September returned 968,930,965 and then 968,921,017 tokens. The float drifts down and cannot rise, because the mint authority reads null.

Final Thoughts

The number that decides this token's next month isn't its price. It's the sweep frequency on 5KXDF6QnqhBj72hDtJNkkpFaQVUfbFXNybMsp3DiK6tD, because the payout story survives only while that key keeps converting the tax into Zcash and sending it out.

Watch pooled liquidity against market value as well, and watch the ZEC close, since a privacy pullback shrinks the headline payout without a single ZCAT changing hands.

Anonymous Cat is a bet that a crowd stays a crowd. Zcash is a bet on privacy demand, and only one of those two has a decade of tape behind it.

This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency trading involves substantial risk. Always conduct your own research before making trading decisions.