DBL Coin (Doubloon Token) Project Overview
DBL Coin, or Doubloon Token, is an ERC-20 standard token operating on the Arbitrum network. It is closely associated with Galleon DAO, which is dedicated to researching, curating, and fostering on-chain structured products developed and deployed in collaboration with Set ecosystem partners. DBL Coin was issued to support the ecosystem development and governance of Galleon DAO.
Market Status and Liquidity Analysis
As of August 30, 2026, DBL Coin's market performance shows significantly low activity and insufficient liquidity. Although some cryptocurrency data platforms (such as TokenInsight and Crypto.com) still display recent price updates, other platforms (such as CoinLore) have marked it as an "inactive" coin, noting infrequent price information updates.
- Price Volatility: DBL Coin once reached an all-time high of $0.1945, but its current price has fallen by over 99.95%, fluctuating between $0.000048 and $0.0001 (data sources vary and are for reference only).
- Trading Volume and Market Cap: According to CoinLore, DBL Coin's 24-hour trading volume on Uniswap v3 (Arbitrum) is only $2, while Coinbase shows $0. Although Symlix previously displayed higher trading volumes, considering the extremely low data from other mainstream data sources and Coinbase's explicit statement that it is not tradable on its platform, DBL Coin's actual active trading volume and market liquidity are almost depleted. Its market capitalization is also extremely low, with some platforms showing less than $12,000, and others even showing $0 due to insufficient data or zero circulating supply.
- Supply: The total supply of DBL Coin is 100,000,000 tokens. Regarding circulating supply, data platforms vary, with some showing approximately 21.45 million tokens and others showing 0, further confirming the uncertainty of its market activity.
- Funding History: DBL Coin raised approximately $377,600 through a Liquidity Bootstrapping Pool (July 12, 2024) at a price of $0.2, and accumulated approximately $1.38 million in two funding rounds.
DBL Coin Trading Channels and Risk Warning
Given DBL Coin's current market conditions, its trading channels are extremely limited, and liquidity is very low. According to public information, the only active spot trading channel mentioned is the decentralized exchange (DEX) Uniswap v3 (Arbitrum), which offers the DBL/WETH trading pair. However, the 24-hour trading volume for this pair is extremely low, meaning users may face difficulties in buying or selling, significant slippage, and other issues.
It is particularly important to note:
- Centralized Exchanges (CEX): DBL Coin is currently not listed on any major centralized exchanges (such as Binance, Coinbase, etc.). Coinbase explicitly states that its platform does not offer trading services for DBL Coin.
- Web3 Wallets: While users can connect to decentralized exchanges via Web3 wallets (such as Binance Web3 Wallet, MetaMask, etc.) to swap tokens, this operation also carries high risks given DBL Coin's extremely low liquidity.
Risk Warning:
The trading market for this token is currently almost depleted, lacking effective transactions. Given DBL Coin's extremely low trading volume, significant price drop, and varying assessments of its activity by data platforms, investors should exercise extreme caution when considering DBL Coin. Extremely low liquidity means that transactions may not be executable or could lead to significant price slippage and financial losses. Before making any investment decisions, thorough market research and risk assessment are essential.
