Oobit
OOB
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
OOB (Oobit) represents the native token for Oobit's consumer crypto payment ecosystem on Solana. The project benefits from an established corporate presence, backing from notable industry figures such as Tether and Solana's founder, and active product development on its consumer mobile apps. Security indicators are relatively constructive with a completed CertiK audit (delivering an A-tier Skynet score of 81.89) and clean contract scanning, though transparency is limited because the full audit report is non-disclosed and the token lacks a public code repository. Significant weaknesses persist in market metrics and governance centralization: OOB exhibits severe illiquidity, a micro-cap valuation of ~$5.59M, a 98.7% drawdown from its peak, non-existent tokenholder governance, and heavy treasury concentration. A data gap was noted in Community Support (scored -1.0 due to identity verification issues between the legacy ERC-20 OBT and Solana OOB token data), which was excluded from the weighted scoring.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Oobit (OOB)
OOB (Oobit) is a payment token on the Solana blockchain that executed a token migration from an earlier multi-chain deployment previously identified under the OBT ticker. Operated by a centralized payments company headquartered in Singapore led by CEO Amram Adar and COO Aharon Miller, the project has received backing from industry entities including Tether and Solana founder Anatoly Yakovenko. The token functions within Oobit's consumer mobile payment ecosystem to provide fee discounts and cashback rewards, with half of the application's transaction fees allocated to support the token.
OOB features a fixed total supply of 1,000,000,000 tokens with an initial 50% float and structured lockups for insider allocations. While the primary payment processing infrastructure relies on stablecoins rather than OOB directly, the token's economic mechanics are tied to the volume and adoption of the single proprietary application. Security evaluations include a completed audit from CertiK, though the full audit report is marked non-disclosed and the project does not maintain a public code repository for its post-migration contracts.
The project faces notable market and governance risks. OOB has experienced a 98.7% price drawdown from its all-time high, characterized by near-zero trading volume, inconsistent circulating supply tracking across aggregators, and a micro-cap market valuation of approximately $5.59 million. In addition, the ecosystem experienced volatility following a corporate treasury management arrangement involving VCI Global that coincided with a sharp price surge and subsequent collapse. Governance remains entirely centralized within company leadership, with no on-chain voting mechanisms available to tokenholders.