Chinese Oil Asset Reserve

COAR Price

About Chinese Oil Asset Reserve (COAR)

• Chinese Oil Asset Reserve (COAR) is a community-driven meme token on the Solana blockchain designed around a global energy and crude oil narrative.
• The project features a fixed maximum supply of 1 billion tokens with permanently revoked mint authority to ensure supply immutability.
• COAR incorporates deflationary mechanics through a 2% burn on every transaction to gradually reduce the circulating supply.
• It aims to build an ecosystem including staking rewards, protocol revenue sharing, and token-weighted governance for its community.

What Is Chinese Oil Asset Reserve

Chinese Oil Asset Reserve (COAR) is a narrative-driven crypto asset that utilizes the cultural and economic significance of the oil industry as its central theme. While its branding references "oil reserves" and "energy markets," the project explicitly states in its documentation that the token is a speculative digital asset and is not backed by physical crude oil reserves or any government entity.

The project operates as a community-owned protocol on the Solana network. It focuses on bringing together enthusiasts interested in energy-themed digital assets through a fair-launch model with no pre-sale. The token is issued using the Token-2022 standard, which allows for additional functionality such as the integrated transaction fees used to fund its ecosystem features.

Key Differentiators

• Immutable Supply: The project has permanently disabled its mint and freeze authorities, meaning no new COAR tokens can ever be created and existing tokens cannot be frozen by the contract owner.
• Deflationary Model: A 2% burn mechanism is applied to every transaction, which permanently removes those tokens from circulation to create potential supply scarcity over time.
• Energy-Themed Narrative: Unlike many meme tokens that focus on animals or internet characters, COAR leverages a macro-economic "oil and energy" narrative to differentiate itself in the market.
• Revenue Sharing: The protocol claims to allocate 30% of transaction-derived revenue to users who participate in its staking system.

Ecosystem and Integrations

The COAR ecosystem is designed to move beyond a simple meme narrative into a structured protocol with several planned or active components:

• Staking Protocol: The project advertises a staking module where holders can lock their tokens to earn a claimed 12% APY, with higher yields potentially available for longer lock-up periods.
• Governance: COAR utilizes a token-weighted governance model where one token equals one vote, allowing the community to participate in future protocol decisions.
• DEX Liquidity: Trading is primarily facilitated through decentralized exchanges on Solana, with significant liquidity historically established on platforms like Meteora.

Origins and Launch

Chinese Oil Asset Reserve was launched on the Solana blockchain in mid-May 2026. It was presented as a "fair launch" project, emphasizing community ownership and the absence of a private pre-sale. The project's development is organized into three distinct phases: "Extraction" (Phase I), focused on launch and initial growth; "Pipeline" (Phase II), targeting the activation of staking and governance; and "Dominance" (Phase III), which includes aspirational goals such as Tier-1 exchange listings and institutional partnerships.

Notable Burn Events

The primary burn mechanism for COAR is its transactional deflation. Every time the token is transferred or traded, 2% of the transaction volume is automatically sent to a burn address. This continuous process is intended to reduce the total supply from its initial 1 billion units as network activity occurs.

Risk Disclosure

As with all memecoins, Chinese Oil Asset Reserve is a highly speculative asset with substantial volatility. Its value is primarily driven by community sentiment and the popularity of its oil-themed narrative rather than traditional commodity fundamentals or underlying utility. Investors should note that COAR is not a regulated commodity product and has no verified physical backing or government affiliation.

Where can you buy Chinese Oil Asset Reserve?

COAR tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Chinese Oil Asset Reserve is Meteora DAMM V2, where the most active trading pair COAR/USDC has a trading volume of $30.04 in the last 24 hours.

What is the daily trading volume of Chinese Oil Asset Reserve (COAR)?

The 24 hour trading volume of Chinese Oil Asset Reserve (COAR) is $0 which signals a drop in market activity. If you own COAR tokens, liquidity of the token is likely to be low. Proceed with caution. You may explore CoinGecko’s list of most traded cryptos for coins with higher liquidity.

What is the highest and lowest price for Chinese Oil Asset Reserve (COAR)?

Chinese Oil Asset Reserve (COAR) reached an all-time high of $0.01607 and an all-time low of $0.005635. It’s now trading -2.80% below that peak and 177.20% above its lowest price.

What is the market cap of Chinese Oil Asset Reserve (COAR)?

Market capitalization of Chinese Oil Asset Reserve (COAR) is $15,618,212 and is ranked #927 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of COAR tokens (1 Billion tokens are tradable on the market today).

What is the fully diluted valuation of Chinese Oil Asset Reserve (COAR)?

The fully diluted valuation (FDV) of Chinese Oil Asset Reserve (COAR) is $15,618,212. This is a statistical representation of the maximum market cap, assuming the maximum number of 1 Billion COAR tokens are in circulation today. Depending on how the emission schedule of COAR tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Chinese Oil Asset Reserve compare against its peers?

With a price increase of 0.00% in the last 7 days, Chinese Oil Asset Reserve (COAR) is outperforming the global cryptocurrency market which is down -4.20%, while outperforming when compared to similar Solana Ecosystem cryptocurrencies which are up 0.00%.