Quick take

KOHAKU (contract: 0xbd821d84770b65f679a47452367258cf86579d02) is an Ethereum-based meme token that leans hard into privacy, safety, and community. Branded as the “guardian fox,” KOHAKU’s narrative is about giving Ethereum a cloak—privacy by default—so users can move without fear. Alongside the token, a privacy-preserving Kohaku wallet/SDK is linked to the Ethereum Foundation’s Privacy Cluster, positioning KOHAKU within a broader push to make strong cryptography usable and friendly.

What KOHAKU is aiming to do

• Privacy-first culture: KOHAKU’s story references Vitalik Buterin and the idea that Ethereum needs more than armor—it needs a cloak. The goal is to make privacy practical and default.
• Wallet/SDK focus: The Kohaku wallet/SDK is described as a real-world testing ground for privacy, interoperability, and safer user experiences across Ethereum. It’s tied to the Ethereum Foundation’s Privacy Cluster initiative, which brings together researchers and engineers to prioritize privacy at the protocol and application layers.
• Community power: KOHAKU positions community as the backbone—users, builders, and researchers collectively shaping stronger privacy standards.

Token basics and supply

• Network: Ethereum
• Symbol: KOHAKU
• Contract: 0xbd821d84770b65f679a47452367258cf86579d02
• Total supply: 420,690,000,000 KOHAKU
• Circulating supply: 420,690,000,000 KOHAKU
• Max supply: 420,690,000,000 KOHAKU
• Market cap (approx.): $22,000–$29,000 (fluctuates)
• 24h volume (approx.): $1,200–$4,100 (fluctuates)

Holder concentration note: Sources indicate a sizable concentration. One shows the top address at 45.52%; another indicates up to 98% held by a top holder. This is a key risk to monitor.

Ecosystem and planned features (wallet/SDK)

KOHAKU’s associated wallet/SDK aims to prototype and ship privacy and interoperability features in day-to-day usage:

• Interoperable addresses: Human-readable formats like alice.eth@arbitrum or bob.eth@zksync, so you can send/receive across chains with a familiar identity.
• Emerging standards: Prototyping evolving EIPs such as ERC-7828 for interoperability and privacy.
• Cross-chain intents: Support for the Open Intents Framework and EIP-7683 Across to coordinate cross-chain sends more safely and predictably.
• Universal balances: A single balance view that aggregates the same asset across multiple chains.
• Planned enhancements: Private receives via privacy pools and stealth addresses (simple idea: hide who sent or received), payment requests, gas abstraction (apps managing gas seamlessly), social recovery (regain wallet access via trusted contacts), and smoother cross-chain swaps with in-wallet privacy.

How to trade KOHAKU

KOHAKU can be swapped permissionlessly on Ethereum via decentralized exchanges:

• Uniswap: Trade KOHAKU on Uniswap V2.
• GMGN.AI: Track and trade KOHAKU with real-time analytics on GMGN.AI’s KOHAKU page.

Trading tips:

• Check the token contract carefully: Etherscan token page.
• Review live liquidity and pairs: DEXTools pair explorer.
• Slippage and taxes: Always review slippage settings and verify there are no hidden taxes. Start small until you understand the market behavior.
• Holder concentration: High concentration can mean price volatility—DYOR before any trade.

Security posture

KOHAKU’s story centers on privacy and safety, but public, reputable smart contract audits for this specific token (0xbd8…9d02) weren’t prominently found in initial checks. Some sources mention automated scans and broad “security metrics,” but not a formal audit report you can verify directly.

Best practices:

• DYOR with on-chain data: Use Etherscan for contract, holders, and transfers.
• Consider third-party audits: Firms like Quantstamp or CertiK are common in Ethereum for code assurance.
• Be cautious with new features: Privacy tools can be powerful but complex—verify implementations and avoid granting permissions you don’t fully understand.

Community and where to follow

• X (Twitter): Stay current with announcements and privacy discussions on X.
• Telegram: Join community chats via Telegram.
• On-chain tools: Monitor activity using Etherscan and DEXTools.

Why KOHAKU matters

If privacy is going to be a default experience on Ethereum, it needs approachable products, clear standards, and real-world testing. KOHAKU’s meme token branding brings attention and community, while the Kohaku wallet/SDK effort aligns with the Ethereum Foundation’s Privacy Cluster to push usability and safety forward.

That said, token economics (low cap, low volume, holder concentration) deserve careful scrutiny. Treat KOHAKU as both a narrative experiment in privacy culture and a high-volatility meme asset. As always, never invest more than you can afford to lose and verify every contract interaction yourself.