Upbit Lists 9 New Tokens Amid Market Volatility

The South Korean cryptocurrency exchange Upbit has announced that it will list nine new digital assets on its platform. The listing, which is scheduled to take place on June 19, will add Lido DAO (LDO), PAX Gold (PAXG), Morpho (MORPHO), and six other tokens to the exchange's Bitcoin (BTC) and Tether (USDT) markets.

The listing will occur in a staggered rollout, with trading opening in hourly windows from 3 PM to 7 PM Korea Standard Time (KST). The first two tokens to be listed are PEAQ and LIT at 3 PM KST, followed by Kamino Finance (KMNO) and Morpho (MORPHO) at 4 PM.

The remaining six tokens will be listed over the next three hours. Gram (GRAM), which recently rebranded from Toncoin, will open trading at 5 PM, while LDO and PAXG begin at 6 PM. Osmosis (OSMO) and AMP close out the rollout at 7 PM.

Each token will gain both BTC and USDT pairs, except for AMP, which will only trade against USDT. The exchange has also announced that deposits will open within three hours of the notice, with short-term trading restrictions in place to prevent market volatility.