Upbit, a number one digital asset alternate primarily based in South Korea, introduced that it’s going to supply buying and selling help for the Ethena (ENA) token in KRW, BTC, and USDT pairs beginning July 11, 2025.
Upbit Pronounces Assist for KRW, BTC, and USDT Buying and selling Pairs for Ethena (ENA)
Beneath the brand new itemizing, the ENA token will solely be supported by deposits and withdrawals by way of the Ethereum community. Transactions made by way of different networks might be invalidated, and refunds might take longer. Following the itemizing, ENA rose greater than 20% to commerce at $0.35.
Transaction Assist Particulars
- Supported Pairs: KRW, BTC, USDT
- Community: Ethereum (solely ENA-Ethereum community is supported)
- Transaction Begin Time: July 11, 2025, 17:00
- Deposit & Withdrawal Opening: Inside 2 hours from the announcement time
- Contract Deal with: 0x57e114B691Db790C35207b2e685D4A43181e6061
Transaction Restrictions
- Purchase orders might be restricted through the first 5 minutes.
- Within the first 5 minutes, promote orders is not going to be entered at a value 10% under the earlier closing value.
- For the primary 2 hours, solely restrict orders might be out there.
What’s ENA (Ethena)?
Ethena is a decentralized finance (DeFi) protocol primarily based on a collateral pool of unstable crypto property and stablecoins working with a delta-neutral technique. The ENA token is used for platform governance participation, staking, rewards, liquidity incentives, and ecosystem improvement.
Upbit additionally acknowledged that it could change the buying and selling begin time if enough liquidity is just not supplied.
*This isn’t funding recommendation.
