Dolphin (POD), a Base token for decentralized AI inference, listed on Upbit on October 2, 2026 and Bithumb on October 6, and also trades on MEXC and HTX. Coinbase added it to its roadmap on August 21, then postponed the launch on August 27. As of October 7, Coinbase has no POD-USD market.

Where it stands

Upbit opened POD against the Korean won, BTC and USDT at 16:00 KST on October 2, supporting deposits and withdrawals on Base only. Its reference prices were 428 won and 0.3147 USDT. Two hours after the open, crypto.news had POD up about 115 percent over 24 hours, in a range of $0.3046 to $0.7234. Other venues traded it first: MEXC's data starts at 05:00 UTC on October 2, two hours before Upbit's.

Bithumb opened a won market at 20:00 KST on October 6 with a benchmark price of 1,086 won, ChainCatcher reported from the exchange's notice. One outlet dated the Bithumb listing to October 2, but Bithumb's candle data starts on October 6 at 11:00 UTC, which is 20:00 KST. HTX's POD/USDT data starts at 13:00 UTC on October 4.

Figure 01POD's path from Coinbase's roadmap to Korean listings, from Coinbase Markets' post, outlet reports of the delay, and exchange candle data.

Coinbase Markets put POD on its roadmap on August 21 with Basecat, DebtReliefBot and Grass. Coinbase's candle data shows Basecat and DebtReliefBot trading from August 24 and Grass from August 26, and Coingabbar expected POD pairs later that week. On August 27 Coinbase postponed the POD launch, said the token stays on the roadmap and gave no new date or reason, Gate and Bitcoinsistemi reported on August 28.

CoinEx noted that the roadmap still listed POD on September 9, next to Concrete (CT). Coinbase Exchange's public product list has no POD-USD market as of October 7. We keep the status at listed because POD trades on several exchanges. The Coinbase pair is still pending.

How it traded

POD peaked at $0.95 on October 4, CoinGecko shows, then faded. On MEXC it closed at $0.56 on October 2, $0.87 on October 4 and $0.73 on October 6. CoinGecko had it near $0.67 on October 7, with a market cap near $55.9 million. About 83.5 million POD of the 500 million maximum supply circulate, so most of the supply is still to be released.

POD price, US dollars
$0 $0.5 $1 Upbit ref.: $0.31 $0.31Upbit ref. Oct 2: $0.56 $0.56Oct 2 Oct 3: $0.78 $0.78Oct 3 Oct 4: $0.87 $0.87Oct 4 Oct 5: $0.80 $0.80Oct 5 Oct 6: $0.73 $0.73Oct 6 Oct 7: $0.65 $0.65Oct 7
Figure 02The first bar is Upbit's reference price before its October 2 listing, 0.3147 USDT. The others are MEXC POD/USDT daily closes (UTC) from MEXC's public data, with October 7 the latest price when this page was checked.

Korean listings can produce a short burst of volume that fades, as Morpho's Upbit listing showed. Upbit's POD/KRW trading value peaked at about 150.7 billion won on October 3 and fell to 47.3 billion won by October 6, by Upbit's daily candles. The listing is no endorsement of the token.

What Dolphin is and what to watch

Coingabbar describes Dolphin as a decentralized AI inference network on Base. Users contribute idle GPU capacity, the network processes AI workloads on it, usage revenue goes to POD buybacks, and holders can stake into vaults for a share of the activity. That is the design as described. We have not verified the network's usage, its revenue or the buyback mechanism, and coverage has been thin on those numbers.

Compare the BaseScan contract in our sources with anything you hold, because impersonation tokens multiply around listing news. CoinGecko lists the same Base contract. Our scam-spotting guide covers the patterns, and our listings guide explains each stage between a roadmap entry and live trading.

The Coinbase delay carries little information on its own. KuCoin News's explainer on Coinbase roadmap entries says some tokens list within weeks, others take months, and some never list. Three items are checkable:

  • Coinbase. A POD-USD announcement from Coinbase Markets. Until then the roadmap entry carries no schedule.
  • Korean volume. Whether won trading on Upbit and Bithumb holds after the first week.
  • Supply. Unlock news for the part of the 500 million maximum that is not yet circulating.

Nothing here is trading advice.

Not financial advice Listings often spike and then fade once the first wave of buyers is done. Nothing here is a suggestion to buy this token. Check dates on the exchange's own announcement page before trading: schedules slip. Our listing reaction data shows how new listings have typically traded.