South Korean cryptocurrency exchange Upbit has announced it will list nine new tokens, including PEAQ, LIT, KMNO, MORPHO, GRAM, LDO, PAXG, OSMO and AMP, expanding its available trading pairs
South Korean cryptocurrency exchange Upbit has announced it will list nine new tokens, including PEAQ, LIT, KMNO, MORPHO, GRAM, LDO, PAXG, OSMO and AMP, expanding its available trading pairs in a single batch listing.
Upbit, one of South Korea's largest crypto exchanges by trading volume, confirmed the addition of all nine tokens via an official notice on its service center. The listing includes assets spanning multiple blockchain sectors, from DeFi protocols to infrastructure tokens.
The full roster of newly listed assets is PEAQ, LIT, KMNO, MORPHO, GRAM, LDO, PAXG, OSMO and AMP. Reporting from BloomingBit confirmed trading is set to launch on June 19.
KEY POINTS
The batch includes several well-established tokens. LDO is the governance token of Lido, the largest liquid staking protocol by adoption. PAXG is a gold-backed stablecoin issued by Paxos, offering exposure to physical gold on-chain. MORPHO powers a lending optimization protocol that has gained traction in DeFi circles.
PEAQ operates as a decentralized physical infrastructure network (DePIN), while OSMO serves as the native token of Osmosis, a decentralized exchange built on the Cosmos ecosystem. The inclusion of these tokens alongside smaller-cap assets like KMNO, LIT, GRAM and AMP suggests Upbit is broadening access across multiple blockchain verticals simultaneously.
Listings on major South Korean exchanges have historically driven short-term volume spikes for the tokens involved. However, traders should note that price impact can vary significantly depending on existing liquidity, the specific KRW trading pairs offered, and broader market conditions at the time of launch.
The inclusion of PAXG is notable given ongoing debates around whether gold-backed assets can outperform Bitcoin in the current macro environment. Meanwhile, DeFi-focused tokens like LDO and MORPHO enter the South Korean market at a time when Ethereum Foundation leadership changes are reshaping governance conversations across the ecosystem.
For exchanges competing to attract institutional and retail participants alike, batch listings serve as a way to signal breadth of coverage. Events like the World Datacentre Summit Philippines 2026 reflect how crypto infrastructure is expanding globally, creating demand for exchanges to support a wider range of tokens.
Traders should monitor Upbit's official channels for confirmation of exact trading pair availability and any deposit or withdrawal restrictions that may apply during the initial listing period.
Additional source references: source document 1.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.
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