Upbit Lists Derive as South Korean Trading Access Expands

Derive's DRV token has been listed on Upbit, a major South Korean cryptocurrency exchange. This listing provides DRV with access to three markets: KRW (Korean won), BTC (Bitcoin), and USDT (Tether). The move follows recent international exchange listings, including Coinbase in May 2026.

The listing will begin on July 14 at 17:00 Korea Standard Time. During the initial phase, Upbit will apply temporary trading safeguards to reduce sharp price swings. These measures include limiting certain buy orders and low-priced sell orders.

The listing is significant for DRV as it expands its market access in South Korea, one of Asia's largest retail crypto markets. The protocol currently carries a market capitalization of about $116 million.