Upbit, a number one Korean-based digital asset change, introduced that it’ll present buying and selling help for Ethena (ENA) tokens in KRW, BTC and USDT pairs beginning July 11, 2025.
Upbit publicizes Ethena (ENA) help for KRW, BTC and USDT buying and selling pairs
Within the new checklist, ENA tokens are supported solely by deposits and withdrawals by way of the Ethereum Community. Transactions revamped different networks will likely be invalidated and refunds could take a while. Following the checklist, ENA rose greater than 20% to commerce at $0.35.
Extra about transaction help
- Assist Pairs: KRW, BTC, USDT
- Community: Ethereum (Solely the ENA-Ethereum community is supported)
- Transaction begin time: July 11, 2025, 5:00pm
- Deposit and withdrawal opening: Inside 2 hours of announcement
- Contract tackle: 0x57E114B691DB790C35207B2E685D4A43181E6061
Commerce restrictions
- Buy orders will likely be restricted for the primary 5 minutes.
- Through the first 5 minutes, no gross sales orders will likely be entered at a worth 10% beneath the earlier closing worth.
- Solely restricted orders will likely be out there for the primary 2 hours.
What’s Ena (Ecena)?
Ethena is a decentralized finance (DEFI) protocol primarily based on a collateral pool of risky crypto belongings and a collateral pool of stubcoin that operates with a delta impartial technique. ENA tokens are used for platform governance participation, staking, rewards, liquidity incentives, and ecosystem growth.
Upbit additionally mentioned that buying and selling opening occasions might change if enough liquidity shouldn’t be offered.
*This isn’t funding recommendation.
