Cobak Token 

CBK Price

What is Cobak Token (CBK)?

Cobak Token (CBK) is the utility token of Cobak, a South Korean app-based cryptocurrency community and information platform. The app combines an investment forum, market data, news feeds, and reward services; Bithumb's token page describes Cobak as a crypto hub platform with a user base of over 500,000. CBK is an ERC-20 token on Ethereum with a parallel Polygon deployment. Per DropsTab data, the maximum supply is capped at 100,000,000 CBK.

Which blockchains host the CBK token?

CBK exists as an ERC-20 token on Ethereum at contract 0xd85a6ae55a7f33b0ee113c234d2ee308edeaf7fd and as a parallel deployment on Polygon at contract 0x4ec203dd0699fac6adaf483cdd2519bc05d2c573. Both contracts use 18 decimals and are verified on Etherscan and Polygonscan respectively. CBK is a token built on existing chain infrastructure, not a native coin of its own blockchain.

What is CBK token used for?

Cobak Token functions as the reward and payment medium inside the Cobak platform. Per the project's own description, CBK operates as a reward system for users and aims to increase transaction volume within Cobak. Documented uses include platform rewards, internal payments, membership benefits — Cobak renewed its top-tier Cobak Black membership in January 2025 with closer CBK integration — and participation in platform events. CBK is also positioned as a vehicle for Cobak's global expansion.

How large is CBK's total supply?

Per DropsTab data, Cobak Token's maximum supply is capped at 100,000,000 CBK, and total supply equals that cap with no issuance above it. Etherscan independently confirms the 100,000,000 figure and the ERC-20 contract. No formal emission schedule is published. The effective supply model is a fixed cap with redistribution through platform rewards, so scheduled issuance cannot inflate supply beyond the 100,000,000 ceiling.

Does Cobak Token have a vesting schedule or unlock risk?

Cobak Token has no published vesting schedule, allocation breakdown, or dated unlock calendar in any public source. No team, reward-pool, or reserve percentages are documented, consistent with a community-issued platform token rather than a VC-backed project. Because total supply already sits at the fixed 100,000,000 cap, a large pending unlock cliff is unlikely — but that reading is inference from supply data, not a documented schedule, and insider-allocation percentages remain undisclosed.

Has Cobak Token raised funding from venture investors?

Cobak Token has no documented fundraising rounds, token sale, or venture backers in accessible public sources. Upbit's December 2020 listing notices reference an earlier sale-era history, but those details remain unconfirmed. No lead investors are publicly associated with CBK, and holder-concentration risk cannot be evaluated without disclosed allocation data.

Is CBK listed on Upbit?

Yes. Upbit lists CBK in two spot markets: CBK/KRW and CBK/BTC. Upbit added the CBK markets in December 2020 — the CBK/KRW market on December 24, 2020 and the CBK/BTC market the same week — per its official listing notices. Bithumb and Coinone also carry the CBK/KRW pair.

Where can you buy Cobak Token?

CBK trades on Korean fiat markets, offshore USDT pairs and on-chain. Korean fiat markets run KRW pairs on Upbit, Bithumb, and Coinone, plus a CBK/BTC market on Upbit — these venues are KYC-gated and generally require Korean identity verification. Offshore USDT pairs run on HTX, Gate, Bitget, and Biconomy.com. On-chain, a single decentralized market exists: the Uniswap V2 (Ethereum) CBK/WETH pool. No derivatives venues list CBK.

How liquid is CBK outside South Korea?

Offshore CBK liquidity is materially thinner than Korean liquidity. Per DropsTab data, the deepest CBK books sit in the KRW pairs on Upbit, Bithumb, and Coinone — venues inaccessible to non-KYC international users. International access runs through the offshore USDT pairs and the single Uniswap V2 (Ethereum) CBK/WETH pool, both comparatively thin. Offshore depth risk is material for CBK as a result.

Has Cobak Token run airdrop or rewards campaigns?

No active airdrop, points, or whitelist campaign for CBK is documented in public sources. The main documented promotion was Bitget's "Deposit to List" CBK rewards campaign, which ran in September 2023 and has ended. Rewards inside the Cobak app itself operate as a standing platform feature rather than a dated campaign, so day-to-day CBK earning happens through platform activity, not token-wide airdrops.