Russian Oil Asset Fund (ROAF)

Russian Oil Asset Fund (ROAF) was a Solana-based SPL token built around an “oil reserve” meme narrative, claiming to tokenize exposure to Russian energy assets. The token was launched on Meteora and promoted through a Telegram channel and the @ROAFONSOL Twitter account. As is common with thin-narrative meme tokens of this style, ROAF had no functional product, no audited reserves, and no independent custodian: the “Russian Oil Asset Fund” branding was a thematic wrapper rather than a verifiable claim on physical commodities.

The project appears to be abandoned. The original homepage at roafgov.com has been re-skinned to promote a different token (“Chinese Oil Asset Reserve”, COAR), suggesting the same operator cycled the brand into a new launch. ROAF social channels still exist but show no recent project activity. Trading interest, liquidity, and market capitalization have collapsed since the initial launch window, and the token now sits with negligible on-chain activity.

The ROAF token contract at RoAFTaaY51FvFTiEaiVYbg8bjFnGkBMzEor85JwVibe remains live on Solana, with an on-chain supply of roughly 999.93 million tokens (six decimals). If you’re evaluating ROAF today, please treat it as a historical artifact of the 2026 meme-token wave rather than an investable asset: there is no roadmap, no development team behind it, and no functioning project website to verify any of the claims made during the original promotion. The Solscan explorer link below shows the current on-chain state for the contract.