Bitcoin Exchange Upbit announced that it will list this altcoin! The price surged suddenly! Here are the details.

The leading digital asset exchange based in South Korea, Upbit, announced that from July 11, 2025, it will provide trading support for the Ethena (ENA) token in KRW, BTC, and USDT pairs.

Upbit announced that it will support KRW, BTC, and USDT trading pairs for Ethena (ENA).

Under the new listing, ENA token will only be supported for deposits and withdrawals via the Ethereum network. Transactions made through other networks will be considered invalid and refund processes may take a long time. After the listing, ENA started trading above $0.35 with an increase of more than 20%.

Transaction Support Details

• Supported Pairs: KRW, BTC, USDT
• Network: Ethereum ( only ENA-Ethereum network is supported )
• Transaction Start Time: July 11, 2025, at 17:00
• Deposit & Withdrawal Opening: Within 2 hours from the announcement time
• Contract Address: 0x57e114B691Db790C35207b2e685D4A43181e6061

Transaction Restrictions

• Buy orders will be restricted for the first 5 minutes.
• In the first 5 minutes, sell orders cannot be placed below 10% of the previous closing price.
• The first 2 hours will only allow limit orders.

ENA ( What is Ethena )?

Ethena is a decentralized finance protocol based on a collateral pool consisting of volatile crypto assets and stablecoins, operating with a delta-neutral strategy. The ENA token is used for governance participation, staking, rewards, liquidity incentives, and ecosystem development on the platform.

Upbit also stated that it may change the starting time of transactions in case sufficient liquidity cannot be provided.