Kabu Completes Migration From Abstract to Ethereum, Trading Now Open

Kabu, the NFT project built around the bear characters of "Sunset City," completed its migration from Abstract to Ethereum on July 9, 2026. "Kabu has migrated to Ethereum! Trading is open on ETH, and those who didn't transfer their Kabu NFTs to an EVM wallet will be able to migrate through our portal website launching on July 11th! Official contract and Opensea link are posted below! Kabullish," the project's X account, @kabuxyz, wrote.

What Kabu announced

The July 9 post confirms three things are true as of press time: trading is open on Ethereum, holders who had already moved their NFTs to an EVM-compatible wallet before the snapshot were airdropped automatically, and holders who hadn't made that move will get a second chance through "our portal website launching on July 11th," per the announcement. The new Ethereum contract is 0xC6F41D2C1bD816E8f29336E2a9aBd03972cA5f49 — Etherscan shows it live as an ERC-721 token named "Kabu," with a coded max supply of 4,412 tokens. The collection's new home on Ethereum is listed at opensea.io/collection/kabu.

Kabu did not publish a stated reason for leaving Abstract in the posts reviewed for this piece — the announcement frames the move entirely in terms of mechanics and dates, not motive.

The accelerated timeline

Kabu first told holders to move on June 30, when it posted that the collection would "freeze on Abstract" on July 10, a snapshot of Ethereum-compatible wallets would follow, and eligible tokens would arrive automatically on Ethereum Mainnet — "same characters, same token IDs," with no action required after the snapshot. A companion post the same day told holders to move their NFTs into an EVM-compatible wallet before the deadline, pointed batch-transfer users to abs.xyz, and routed questions to Kabu's Discord.

That plan didn't run to its original schedule. Late on July 9, Kabu posted that "an unexpected event" had pushed the migration up: the Abstract contract would pause trading "indefinitely" at 4:45 PM EST, a snapshot would capture both EVM and Abstract Global Wallet (AGW) holders, EVM wallets would be airdropped immediately, and AGW-held tokens would be routed into a vault wallet for manual distribution later. Airdropping for the Ethereum side was set to begin at 5 PM EST. The final migration-complete post — the one confirming trading was live — followed a little over two hours later, at 9:14 PM UTC on July 9.

The numbers on the new contract

OpenSea listed Kabu's floor at 0.0435 ETH as of July 10, 2026, with 4,444 items showing across 1,361 owners. That count doesn't cleanly reconcile with either the 7,000-piece collection size Kabu's own site describes, per kabu.xyz, or the coded maximum supply of 4,412 tokens Etherscan shows for the new Ethereum contract — a fixed cap that, on its face, cannot hold a 7,000-piece run. Kabu hasn't addressed the difference between these figures in the posts reviewed for this piece. What the July 9 announcement does spell out is that the migration rolled out in stages: EVM-wallet holders were airdropped automatically, while Abstract Global Wallet holders are routed to the portal opening July 11, per Kabu's own posts. The original Abstract contract is the one the July 9 post says paused trading "indefinitely" at the snapshot.

Background: what Kabu is

Kabu's collection is set in "Sunset City" and centers on six original characters, per its OpenSea listing, which also describes ownership benefits including "Collector XP" and "Digital Collector Pins" tied to a broader ecosystem the project has said it plans to launch. Kabu's own site describes the project as a "decentralized Web3 brand" aiming to move from social-media animation into physical retail products, per kabu.xyz. In January 2025, Kabu announced a partnership with 223, which it and 223 describe as the innovation arm of JCorp, a licensing group with a portfolio spanning more than 70 years and brands including Coca-Cola, per Kabu's own Medium account — part of a stated push to expand the brand beyond web3.

What we still don't know

Kabu's posts don't specify what happens to secondary-market listings that were active on the Abstract marketplace at the moment trading paused, or whether Abstract-side royalties and offers carry over to Ethereum. The July 9 announcement says the official contract and OpenSea link were "posted below" the main post, but the exact wording of any anti-scam guidance in that follow-up — commonly used by projects mid-migration to warn holders away from copycat contracts — could not be independently confirmed from the sources reviewed here. And while the portal for AGW-wallet holders is set to open July 11, Kabu hasn't said how long that window stays open or what happens to tokens that remain unclaimed after it closes.