On October 9, 2026, Obsidian announced that OBS is now listed in the ULT app. For holders of ROBIN, the token that launched alongside the Obsidian DEX on Cronos, it marks one year since their tokens were merged into OBS.
October 2025: ROBIN merges into OBS
In early October 2025 the Obsidian team announced a token merge to replace its legacy tokens with one unified asset: a simpler experience, consistent branding and deeper liquidity. During the TGE, holders committed their legacy tokens and claimed OBS at the end:
- $ROBIN: 41.68B tokens committed (about $96k)
- $LION: 851.81M tokens (about $120k), plus 880.63M $LION from Cronos zkEVM (about $93k)
- 215.64K CRO raised as initial liquidity
OBS trading went live on October 17, 2025. A few days later came Diamond Hands fixed staking (6 months, 1 year or 2 years, up to 50% APR), with about 70M OBS staked in the first 24 hours, followed by an LP farm. Staked ROBIN NFTs and fixed-staked OBS count for holder roles on Discord.
Buybacks and ROBIN NFTs
During the TGE unlock period, Obsidian used more than 100% of its revenue to buy back OBS (340M OBS bought back by December 2025), before going back to the published 50% of revenue. ROBIN NFTs got instant liquidity through a Liquid NFT contract built with Puush, backed by 10% of the OBS supply, and joined the Cromon Quest game in August 2026.
A busy 2026
- January: VVS whitelisting with a $5k OBS + CRO farm, and ObsidianSwap featured in the OnChain wallet.
- March: Obsidian and Puush merged into one team, with Obsidian as the main brand.
- June: partnership with MintPad to bring NFT minting and a marketplace into the Obsidian UI.
- August: cross-chain swaps across 10 networks (Cronos, Ethereum, Base, Arbitrum, Polygon, Robinhood Chain, Optimism, BNB Chain, Avalanche and Linea) from a single interface.
- September: Obsidian took ownership of the EbisusBay DEX contract, and PUUSH was consolidated into OBS.
The team also had to deal with security incidents: abnormal Diamond claims in March and an attempt to abuse the leaderboard in April 2026 were stopped quickly, prizes were bought back, and wallet sign-in is now required once a day before swapping.
Learn more on obsidian.finance and the Obsidian wiki. As always, do your own research.