The Siptan is sponsored by Wonik Corporation and the Hanguk Kiwon. The format is hayago (blitz) with 10 minutes total and 40 seconds for byo-yomi. The final is decided in a best-of-3 match. The winner's purse is 25,000,000 Won (~US$26,000). It is the Korean equivalent of the Japanese Judan title.
Past winners and runners-up
|2005||Lee Chang-ho||2–1||Pak Yeong-hun|
|2006||An Choyoung||2–1||Paek Hongsuk|
|2007||Lee Chang-ho||2–0||Mok Jin-seok|
|2008||Park Junghwan||2–0||Paek Hongsuk|
|2009||Park Junghwan||2–1||Lee Chang-ho|
|2010||Lee Sedol||2–1||Kang Yootaek|
- "Go Tournament: Sibdang Cup". gogameworld.com. Retrieved 1 June 2011.