Upbit, South Korea’s largest cryptocurrency exchange, has announced the listing of Yield Basis (YB), with trading set to go live today. The announcement boostedUpbit, South Korea’s largest cryptocurrency exchange, has announced the listing of Yield Basis (YB), with trading set to go live today. The announcement boosted

Yield Basis (YB) Gains 17% After Securing Upbit Listing

2025/12/26 14:07
2 min read

Upbit, South Korea’s largest cryptocurrency exchange, has announced the listing of Yield Basis (YB), with trading set to go live today.

The announcement boosted market interest, triggering a double-digit surge in YB’s price. Trading activity also increased ahead of the launch, with a noticeable rise in volume.

Upbit Expands Market Access for Yield Basis

Upbit confirmed that YB/BTC and YB/USDT trading pairs will go live on December 26 at 15:00 Korean Standard Time (KST). According to the exchange, YB deposits and withdrawals will be supported on the Ethereum network.

It emphasized that transactions sent through unsupported networks will not be credited, urging users to verify network details and contract addresses before transferring funds. The contract address for YB is 0x01791F726B4103694969820be083196cC7c045fF.

As with previous listings, Upbit will apply temporary trading restrictions during the initial launch phase. The exchange will restrict buy orders for the first five minutes after trading begins. Sell orders priced more than 10% below the previous day’s closing price will also be restricted during that period.

Additionally, the exchange will only allow limit orders for approximately two hours after the start of trading. These measures are designed to reduce volatility and ensure orderly market conditions at launch.

Following the announcement, YB’s price increased by over 17%. At the time of writing, the altcoin was trading at $0.43. CoinGecko data also showed a 169% surge in daily trading volume, indicating increased investor activity.

Yield Basis (YB) PriceYield Basis (YB) Price After Upbit Listing Announcement. Source: TradingView

Yield Basis Gains Traction Amid Rapid TVL Growth

The Upbit listing comes amid growing adoption of the Yield Basis protocol itself. For context, Yield Basis is an on-chain liquidity solution that allows users to provide Bitcoin as liquidity to automated market maker (AMM) pools without avoiding impermanent loss (IL).

According to DeFiLlama, the protocol’s total value locked (TVL) has climbed from approximately $30 million in early October to over $200 million today, reflecting strong user demand.

Yield Basis TVLYield Basis TVL. Source: DeFiLlama

The Upbit listing, therefore, arrives at a critical point for Yield Basis, combining rapid TVL growth with broader exchange exposure. Market participants are now watching whether the protocol and its token can sustain momentum amid upcoming token unlocks and rising competition from established DeFi platforms.

Market Opportunity
yieldbasis Logo
yieldbasis Price(YB)
$0.1668
$0.1668$0.1668
+2.89%
USD
yieldbasis (YB) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Fed Makes First Rate Cut of the Year, Lowers Rates by 25 Bps

Fed Makes First Rate Cut of the Year, Lowers Rates by 25 Bps

The post Fed Makes First Rate Cut of the Year, Lowers Rates by 25 Bps appeared on BitcoinEthereumNews.com. The Federal Reserve has made its first Fed rate cut this year following today’s FOMC meeting, lowering interest rates by 25 basis points (bps). This comes in line with expectations, while the crypto market awaits Fed Chair Jerome Powell’s speech for guidance on the committee’s stance moving forward. FOMC Makes First Fed Rate Cut This Year With 25 Bps Cut In a press release, the committee announced that it has decided to lower the target range for the federal funds rate by 25 bps from between 4.25% and 4.5% to 4% and 4.25%. This comes in line with expectations as market participants were pricing in a 25 bps cut, as against a 50 bps cut. This marks the first Fed rate cut this year, with the last cut before this coming last year in December. Notably, the Fed also made the first cut last year in September, although it was a 50 bps cut back then. All Fed officials voted in favor of a 25 bps cut except Stephen Miran, who dissented in favor of a 50 bps cut. This rate cut decision comes amid concerns that the labor market may be softening, with recent U.S. jobs data pointing to a weak labor market. The committee noted in the release that job gains have slowed, and that the unemployment rate has edged up but remains low. They added that inflation has moved up and remains somewhat elevated. Fed Chair Jerome Powell had also already signaled at the Jackson Hole Conference that they were likely to lower interest rates with the downside risk in the labor market rising. The committee reiterated this in the release that downside risks to employment have risen. Before the Fed rate cut decision, experts weighed in on whether the FOMC should make a 25 bps cut or…
Share
BitcoinEthereumNews2025/09/18 04:36
USD/INR edges lower as Indian Rupee gains on improving equity inflows

USD/INR edges lower as Indian Rupee gains on improving equity inflows

The post USD/INR edges lower as Indian Rupee gains on improving equity inflows appeared on BitcoinEthereumNews.com. USD/INR loses ground on Tuesday after two days
Share
BitcoinEthereumNews2026/02/10 12:37
Sahara AI has entered into a strategic partnership with South Korean payment giant Danal Fintech to jointly build a stablecoin AI payment system.

Sahara AI has entered into a strategic partnership with South Korean payment giant Danal Fintech to jointly build a stablecoin AI payment system.

PANews reported on February 10th that artificial intelligence company Sahara AI has entered into a deep collaboration with Danal Fintech, one of South Korea's largest
Share
PANews2026/02/10 12:42