Coinbase added the governance token CT of the Concrete protocol to its asset listing roadmap on September 9, 2026. The exchange has generated deposit addresses for the ERC-20 token, though transfers remain locked as the issuer has not yet enabled them.
Inclusion in the roadmap does not guarantee future trading on the platform. The CT token has a fixed supply of 1 billion units and serves exclusively as a governance mechanism for the protocol, offering no ownership stakes or economic rights to holders.
Concrete has not announced a token generation event, sale details, or a claiming process. The project warned users against unofficial offers due to potential scam activity. The token whitepaper was prepared under the European Union MiCAR framework.
The Concrete protocol operates yield infrastructure using ERC-4626-compliant vaults on Ethereum. Users can deposit assets including USDT, WBTC, and ETH. The platform reports approximately $1.3 billion in vault deposits and over $24 billion in transaction volume.
The protocol serves about 54,000 users. Its corporate structure includes the Concrete Foundation, based in the Cayman Islands, and its parent entity, Concrete Network, Ltd., which operates as a subsidiary in the British Virgin Islands.
