COCA PriceCOCA

What is COCA (COCA)?

COCA is a next-generation finance app built on the Polygon blockchain that combines modern banking features, everyday rewards, and self-custody infrastructure. Powered by stablecoins, COCA allows users to buy, spend, grow, and manage digital assets while maintaining full control of their funds. The platform integrates a non-custodial wallet with traditional banking services such as EUR IBAN accounts, SEPA transfers, and Visa debit cards. COCA serves users across 75+ countries and territories, including the UK, EEA, APAC, LATAM, the Middle East, Africa, and North America. The token launched in August 2023 and was listed on CoinMarketCap in December 2024. The app is available on both iOS and Android platforms.

Key Specifications & Tokenomics

• Name: COCA
• Ticker / Symbol: COCA
• Blockchain / Platform: Polygon
• Contract Address (Polygon): 0x7B12598E3616261df1C05EC28De0d2fB10c1F206
• Category: Polygon Ecosystem, Real World Assets
• Total Supply: 1,000,000,000 COCA
• Max Supply: 1,000,000,000 COCA
• Circulating Supply: 0 COCA (as registered by CoinMarketCap)
• Self-Reported Circulating Supply: 113,500,000 COCA (11.35%), per the project's own disclosure
• CertiK Rating: 3.3
• Official Website: https://www.coca.xyz
• Documentation: https://docs.coca.xyz
• Block Explorer: https://polygonscan.com/token/0x7B12598E3616261df1C05EC28De0d2fB10c1F206 (source code viewable at the #code tab)

Who created COCA?

COCA was founded by Pavel Matveev. The developer entity behind the project is CCA LABS, listed as CCA LABS-FZCO, based in Dubai at DSO-IFZA, IFZA Properties. The project maintains an official presence through its website and documentation portal. Detailed public information about the broader core team is currently limited.

How does COCA work?

COCA operates as a self-banking super app that merges non-custodial wallet technology with traditional banking infrastructure. The platform uses Multi-Party Computation (MPC) security, which reduces exposure to private-key and seed-phrase loss and enables biometric recovery; it does not remove the risk of smart contract bugs, device compromise or loss of funds. Wallet security is provided by Privy-managed smart contract wallets built on ERC-4337 and EIP-7702. Users can hold crypto and fiat in one balance, spend stablecoins through a non-custodial Visa debit card issued by Wirex, and access EUR banking services including SEPA transfers and IBAN accounts. The app supports swaps across 15+ blockchains with zero platform fees, utilizing a smart routing engine that leverages 17 onramps and 182 local payment methods. Zero platform fees do not eliminate network fees or slippage, and cross-chain swaps depend on third-party routing and liquidity. Flashbots protection shields users from sandwich attacks and Miner Extractable Value (MEV) exploitation.

What makes COCA unique and valuable?

COCA distinguishes itself by combining self-custody ownership with the convenience of traditional banking services in a single application. Rewards range from 1% to 8% cashback depending on staking tier, with a monthly claim capacity of $15 to $350; advertised yields are not guaranteed and depend on the platform's continued operation and on token and stablecoin market conditions. Users benefit from zero-fee swaps across multiple blockchains, free ATM withdrawals up to $250 per month (the project has also cited $200 per month; check the app for the current limit), and no maintenance fees. The MPC-based security architecture reduces private key risks while maintaining non-custodial control. With availability in 75+ countries and integration with Apple Pay and Google Pay, COCA bridges the gap between decentralized finance and everyday spending.

What is COCA used for?

The COCA token serves multiple functions within the ecosystem. Users can stake $COCA to unlock tiered rewards including enhanced cashback rates, discounts, and monthly perks. The token facilitates operations within the wallet and rewards user participation. With a capped total supply of 1 billion tokens, COCA is designed to incentivize engagement and support the platform's reward mechanisms. According to CoinMarketCap registry data, none of the total supply is currently recorded as circulating. Holders gain access to premium features and benefits that scale with their staking commitment, creating a utility-driven token economy tied directly to platform usage.

How Is the COCA ecosystem developing?

The COCA ecosystem has continued to expand its product line and geographic coverage. The project states it has more than 1 million users worldwide across 76 countries. The platform is available on Google Play with a 4.1-star rating and 500K+ downloads. COCA continues expanding its geographic coverage across the UK, EEA, Asia, South America, Middle East, and Africa. Recent developments include the integration of COCA Travel for booking flights and hotels, and ongoing improvements to customer support response times. The project maintains active communication through its official website, documentation portal, and social channels on X, Telegram and Discord.

How to mine COCA?

COCA is not a mineable cryptocurrency. It operates on the Polygon blockchain and does not utilize a proof-of-work mining mechanism. COCA is an ERC-20 token on Polygon with a fixed total supply of 1,000,000,000; no new tokens are mined. Tokens are distributed through the project's staking tiers and reward programmes rather than through block rewards. Users can earn COCA tokens through staking, which unlocks tiered rewards such as enhanced cashback, discounts, and monthly perks. The platform also offers earning opportunities through card usage, referrals, and ongoing promotions. Users can access up to 5% APY on balances and 6% passive income on card balances without lockups or hidden fees. These earning mechanisms replace traditional mining with participation-based reward structures.

How to keep your COCA Coin safe?

COCA employs a non-custodial architecture, meaning users maintain full control over their crypto assets at all times. The platform uses MPC security technology that reduces private key and seed phrase risks, while biometric recovery ensures access even if a device is lost. Assets remain recoverable through the recovery system. The project states it has not suffered a hack to date; past absence of incidents does not guarantee future security, and users remain exposed to smart contract, key-management and counterparty risks. For additional safety, users should verify contract addresses when transferring tokens, as sending unsupported tokens to incorrect addresses may result in permanent loss. COCA displays supported contract addresses within the app when viewing a crypto address. Users can also request data deletion and benefit from encrypted data transmission as part of the platform's data safety practices.