Bitcoin Exchange Upbit Announces Listing of This Altcoin on Its Spot Trading Platform! Here Are the Details

Upbit, one of the largest digital asset exchanges in South Korea, announced that it will list its KernelDAO (KERNEL) token on the KRW (Korean Won) trading pair on October 28, 2025.

Upbit to List KernelDAO (KERNEL) Token on KRW Market

According to the statement made by the exchange, trading support for the token, which will be traded on the KERNEL/Ethereum network, will begin at 16:30 local time.

Upbit emphasized that users should only use the Ethereum network for deposits and withdrawals. It warned that transfers outside of the specified network will not be supported and that such transactions may take a long time to be refunded. It also stated that if sufficient liquidity is not available, the start of trading may be delayed.

The exchange stated that certain trading restrictions will be implemented during the first minutes of trading support. This means that buy orders will be blocked for the first five minutes after listing, sell orders will be restricted for declines of more than 10% during the same period, and only limit orders will be valid for the first two hours.

KernelDAO stands out as a multi-chain project offering a restaking infrastructure on BNB Chain and Ethereum. The platform operates through three main services: Kernel, Kelp, and Gain. The KERNEL token is used within the ecosystem for functions such as governance, restaking, and slashing insurance.

This listing is seen as part of Upbit's strategy to increase its diversification of DeFi-focused assets in the Korean market.

*This is not investment advice.