Orabit Coin (OBC) White Paper
1. Introduction
1.1 Overview
Orabit Coin (OBC) is the native utility token of the Orabit Centralized Exchange (CEX), a platform offering spot trading, futures, coin margin trading, peer-to-peer (P2P) trading, Alpha Listings for Pump.fun graduates, Earn, Yield Farming, Arbitrage Smart Trading, Copy Trading, and a three-tier affiliate program. The OBC ecosystem drives user engagement through trading mining, airdrops, affiliate commissions, and yield farming, with a deflationary buyback-and-burn mechanism to enhance token value. The project aims to raise $12,000,000 through seed funding ($0.06/OBC), presale ($0.08/OBC), and public sale ($0.10/OBC).
1.2 Vision
Orabit seeks to bridge centralized and decentralized finance, providing a secure, user-centric platform with access to high-potential tokens, expert-led trading strategies, and scalable affiliate rewards.
1.3 Mission
- Deliver a robust trading ecosystem with competitive fees and high liquidity.
- Empower users with passive income through staking, yield farming, trading rewards, and affiliate commissions.
- Reduce the OBC supply from 500,000,000 to 100,000,000 via buyback-and-burn.
2. Tokenomics
2.1 Total Supply and Distribution
- Total Supply: 500,000,000 OBC.
- Circulating Supply: ~30% (150,000,000 OBC) post-public sale for liquidity and fundraising.
- Maximum Supply: Capped at 500,000,000 OBC, targeting 100,000,000 via buybacks.
- Initial Distribution:
- Seed Funding: 10% (50,000,000 OBC).
- Presale: 10% (50,000,000 OBC).
- Public Sale: 10% (50,000,000 OBC).
- Community & Airdrops: 25% (125,000,000 OBC).
- Team & Advisors: 15% (75,000,000 OBC, 3-year vesting, 12-month lockup).
- Ecosystem Development: 15% (75,000,000 OBC).
- Liquidity Pool: 10% (50,000,000 OBC).
- Reserve Fund: 5% (25,000,000 OBC).
- Vesting: Team/advisor tokens vest linearly over 3 years; community tokens unlock via trading/holding.
2.2 Funding Phases
- Seed Funding: 50,000,000 OBC at $0.06 ($3,000,000), 2-year vesting, 12-month cliff.
- Presale: 50,000,000 OBC at $0.08 ($4,000,000), 18-month vesting, 6-month cliff.
- Public Sale: 50,000,000 OBC at $0.10 ($5,000,000), 6-month vesting, no cliff.
- Total Raise: $12,000,000 (150,000,000 OBC, 30% of supply).
2.3 Deflationary Mechanism
- Buyback-and-Burn: 20% of trading fees (spot, futures, margin, P2P, copy trading, Alpha Listings) buy back OBC for burning.
- Example: $100,000 monthly fees → $20,000 buys 10,000 OBC at $2 → burned.
3. Exchange Functions and Token Utility
3.1 Spot Trading
- Trade OBC and other cryptocurrencies with deep liquidity.
- Enjoy a 25% discount on trading fees when paying with OBC (0.2% → 0.15%).
- Example: A $10,000 trade incurs a $15 OBC fee instead of $20 USDT.
3.2 Futures
- Access perpetual futures with up to 150x leverage.
- Reduced fees using OBC: 0.015% maker, 0.03% taker.
- Unlock OBC tokens via trading fees (Formula: Fee × Difficulty ÷ OBC Price).
- Example: $10,000 trade, $4 fee, $2 OBC price → ~2 OBC unlocked.
3.3 Coin Margin Trading
- Use OBC as collateral for margin positions.
- Borrow at 20% reduced rates when paying in OBC.
- Example: 5× leverage on $1,000 yields 50% return from 10% price move.
3.4 P2P Trading
- Trade OBC directly with other users, zero platform fees.
- Example: Buy 1,000 OBC for $2,000 USDT with no fee.
3.5 Alpha Listings via Pump.fun
Orabit integrates and lists high-potential tokens graduating from Pump.fun (Solana-based memecoin platform) through Bitquery API and community governance. Tokens qualify at $69K–$90K market cap.
Bitquery GraphQL Example
const { request, gql } = require('graphql-request');
const endpoint = 'https://graphql.bitquery.io/';
const query = gql`
query ($tokenAddress: String!) {
solana {
token(address: $tokenAddress) {
name
symbol
marketCap
volume24h
trades(last: 10) {
amount
buyer
seller
timestamp
}
}
}
}
`;
async function fetchTokenData(tokenAddress) {
try {
const data = await request(endpoint, query, { tokenAddress });
console.log('Token:', data.solana.token.name);
console.log('Market Cap:', data.solana.token.marketCap);
console.log('24h Volume:', data.solana.token.volume24h);
console.log('Recent Trades:', data.solana.token.trades);
} catch (error) {
console.error('Error fetching token data:', error);
}
}
fetchTokenData('2qEHjDLDLbuBgRYvsxhc5D6uDWAivNFZGan56P1tpump');
This monitors token performance of examples like PNUT in real-time.
3.6 Earn
- Stake OBC to earn 5% (flexible) to 7% (12-month lockup) APY.
- Example: Stake 10,000 OBC at $2 to earn 500 OBC annually.
3.7 Yield Farming
- Provide OBC liquidity and earn up to 10% APY.
- Example: 5,000 OBC + 10,000 USDT → ~1,500 OBC/year.
3.8 Arbitrage Smart Trading
- Utilize AI bots to profit from price inefficiencies.
- OBC holders access premium arbitrage tools.
- Example: Buy OBC at $1.8452, sell at $2.0324 → 10% profit.
3.9 Copy Trading
- Mirror strategies of top-performing traders.
- Save 25% on subscription fees using OBC.
- Example: $10 → $7.50/month when paid in OBC.
3.10 Affiliate Program
- Earn commissions through a 3-level referral model.
- Structure: 50% (Tier 1), 25% (Tier 2), 25% (Tier 3).
Impact API Integration
const axios = require('axios');
const trackReferral = async (referralId, tokenAddress, tradeVolume) => {
try {
const response = await axios.post('https://api.impact.com/tracking', {
referralId,
tokenAddress,
tradeVolume,
campaignId: 'orabit_affiliate',
apiKey: 'YOUR_API_KEY'
});
console.log('Referral Tracked:', response.data);
return response.data.commission;
} catch (error) {
console.error('Tracking Error:', error);
}
};
trackReferral('REF123', '2qEHjDLDLbuBgRYvsxhc5D6uDWAivNFZGan56P1tpump', 100000);
3.11 Deposit and Withdrawal Fees
- Cryptocurrency deposits are free.
- Withdrawals depend on the asset (e.g., 0.0002 BTC).
- Fiat services are supported via P2P and third-party providers.
3.12 Other Features
- Free listings and optional KYC onboarding.
- Upcoming: Stop-loss tools, Launchpool, expanded staking options.
4. Trading Mining Mechanism
- Volume Calculation: Based on USDT value (e.g., 500 OBC at $2 = $1,000).
- Unlocking Airdrops: 1 OBC granted for every $50 traded.
- Mining OBC: Weekly 50,000 OBC pool distributed by trading share (e.g., $20,000 out of $10M = 100 OBC).
5. Airdrop Mechanism
- Eligibility: Earn 5 OBC for signing up, completing tasks, or holding major tokens.
- Example: 300,000 OBC distributed to 60,000 users by July 15, 2026.
- Unlocking: 1 OBC per $50 traded unlocks airdrop tokens.
6. Reward Distribution Rules
- Snapshots: Taken daily or weekly to capture trading and affiliate metrics.
- Crediting: Distributed post-campaign (e.g., July 15, 2026).
- Anti-Abuse: System monitors and filters wash trading or fake users.
7. Risks and Considerations
- High market volatility and potential loss of capital.
- Locked tokens may affect liquidity access.
- Tax obligations depend on jurisdiction.
- Exposure to scams and Ponzi schemes.
- Leverage risk in futures and margin trading.
- Pump.fun’s 98.6% scam token rate.
- Potential losses from copy trading or affiliate fluctuations.
8. Optimization Strategies
- Buy Alpha Listings early ($10K–$20K market cap); exit around $30K–$55K.
- Track volume and sentiment with the user dashboard.
- Promote Alpha Listings during zero-fee windows with referral links.
- Maximize OBC benefits through trading discounts and VIP commission tiers.
9. Funding Timeline
- Q4 2025 (September): Seed Funding
- Q1 2026: Presale
- Q2 2026: Public Sale
- Q3 2026: Exchange Listing
10. Token Distribution Description
- Seed Funding: 10% (50,000,000 OBC, $3M at $0.06)
- Presale: 10% (50,000,000 OBC, $4M at $0.08)
- Public Sale: 10% (50,000,000 OBC, $5M at $0.10)
- Community & Airdrops: 25% (125,000,000 OBC)
- Team & Advisors: 15% (75,000,000 OBC, with vesting)
- Ecosystem Development: 15% (75,000,000 OBC)
- Liquidity Pool: 10% (50,000,000 OBC)
- Reserve Fund: 5% (25,000,000 OBC)
11. Alpha Listings Trading Volume Trends
Trading volume trends for Alpha Listings, particularly Pump.fun graduates, reflect their speculative nature and community-driven momentum. Below is a textual description based on tokens like Shark Cat and Hobbes:
- Initial Surge (0–24 Hours Post-Listing):
- Tokens typically see a 10–20x volume spike within 24 hours of listing, driven by zero-fee promotions and social media hype.
- Shark Cat: $50M 24h volume at $20M market cap, 10,000+ trades (~$5K avg), 16K+ X followers, 4K+ Telegram subs.
- Hobbes: $10M 24h volume at $5M market cap, 5,000+ trades (~$2K avg), 5K+ X followers.
- Stabilization (24–72 Hours):
- Volumes drop to 2–5x of launch levels.
- Shark Cat: $10M–$20M daily volume. Hobbes: $2M–$5M.
- Orabit market maker bots and 1M OBC liquidity help maintain price.
- Long-Term Trends (7–30 Days):
- Successful tokens maintain $5M–$10M daily volume with active community (1K+ daily Telegram messages).
- 98.6% of Pump.fun tokens fail—drop below $100K daily volume within 7 days unless vetted.
- Affiliate Impact:
- $1M–$10M volumes = $1K–$10K in fees → $500–$5K Tier 1, $250–$2.5K Tier 2/3 (USDT or OBC).
- Zero-fee events increase affiliate earnings by 20–50%.
- Recent Results (Hypothetical, Q2 2025):
- Shark Cat: $100M market cap, $50M 24h volume, sustained $10M/day for 14 days.
- Hobbes: $35M market cap, $10M 24h volume, $2M/day for 10 days.
- Average: $1M–$5M/day for 7 days, with 3–5× returns for early buyers.
12. Affiliate Commission Description
- Tier 1: 50% of fees (e.g., $10,000 trade → $20 fee → $10 USDT or $12.50 OBC).
- Tier 2: 25% of fees ($5 USDT or $6.25 OBC).
- Tier 3: 25% of fees ($5 USDT or $6.25 OBC).
- Enhanced Rates: 55% / 27.5% / 27.5% for 10,000+ OBC holders.
- Alpha Listings Example: $1M trade ($1,000 fee) → $500 USDT or $625 OBC (Tier 1), $250 USDT or $312.50 OBC (Tier 2/3), +10% bonus during zero-fee promos.
13. Conclusion
Orabit Coin (OBC) powers a dynamic CEX with trading, earning, and affiliate opportunities. Alpha Listings, integrated with Pump.fun, deliver early access to high-potential tokens using Bitquery and Impact API integrations.
With a $12M fundraise goal, 500M supply, and deflationary mechanics, Orabit is positioned as a leading exchange in the memecoin space—enabling scalable rewards for early users, affiliates, and community promoters.
14. Disclaimer
This white paper is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to purchase securities. Cryptocurrency investments involve substantial risk, including volatility and potential loss. Conduct thorough research and consult financial or legal advisors before participating. Orabit is not liable for losses arising from trading, investing, or affiliate activities.
Notes on Updates
- Pump.fun Integration (Section 3.5):
- Added API code snippet for Bitquery’s GraphQL API to fetch token data (e.g., PNUT’s $1.3B 24h volume).
- Included case studies for Shark Cat ($100M market cap, $50M 24h volume) and Hobbes ($35M market cap, $10M 24h volume).
- Clarified bonding curve ($0.0001–$0.01), graduation ($69K–$90K market cap), and fees (1% swap, 1.5 SOL listing).
- Affiliate Tracking (Section 3.10):
- Integrated Impact API for referral tracking with Solana blockchain support.
- Emphasized Pump.fun analytics like Shark Cat’s 16K+ X followers and high-volume commission potential ($500–$5,000).
- Alpha Listings Trading Volume Trends (Section 11):
- Added data-driven volume analysis: 10–20× spike, 2–5× stabilization, long-term $1M–$10M trends.
- Included hypothetical Q2 2025 results with Shark Cat and Hobbes to align with product narrative.