Yield Basis (YB) listed on major Korean CEX, price once surged by 17%
Yield Basis (YB) reaches an important milestone. A leading domestic CEX in South Korea recently announced the official listing of Yield Basis (YB), with the related trading pairs launched on December 26. This news quickly ignited market sentiment, driving YB’s price to double-digit gains in a short period, making it one of the day’s most关注的新币之一.
According to the exchange announcement, YB/BTC and YB/USDT trading pairs opened for trading at 15:00 KST on December 26, with deposits and withdrawals only supported on the Ethereum network. The platform also提醒用户 that transferring assets through unsupported networks will result in assets not arriving in the account. Users should carefully verify the network type and contract address before transferring to avoid unnecessary losses.
In line with most new coin listing rules, the leading domestic CEX in South Korea has set temporary risk control measures during the initial trading period. During the first five minutes after trading begins, buy orders will be restricted, and sell orders significantly below the previous day’s price range will also be unable to execute. Additionally, within approximately two hours of trading start, only limit orders are supported to reduce extreme volatility during the early phase and ensure market stability.
Stimulated by the listing news, Yield Basis’s price quickly strengthened. Data shows that after the YB announcement, the price rose by over 17% at its peak, currently around $0.43. Meanwhile, intraday trading volume surged by approximately 169%, indicating a significant increase in investor participation and short-term speculative demand. For investors关注“YB 上线韩国交易所”“Yield Basis 价格走势”, this performance sends a clear market signal.
From a fundamental perspective, the popularity of Yield Basis is not solely driven by exchange effects. As an on-chain liquidity protocol focused on “impermanent loss mitigation,” Yield Basis allows users to provide Bitcoin liquidity to AMM pools while reducing IL risk. According to DeFiLlama data, the protocol’s TVL has rapidly grown from about $30 million in early October to over $200 million, reflecting a sustained increase in real usage demand.
With the rapid rise in TVL and the listing on South Korea’s leading domestic CEX, Yield Basis is entering a critical observation period. As token unlock schedules approach and competition in the DeFi sector intensifies, whether YB can maintain capital attention and price strength will become the core issue for market follow-up.
Related Articles
Corporates and Exchanges Rush to Stake Ethereum Instead of Selling
Bitcoin approaches $70,000: ETF inflows of $1.45 billion over five days, short covering drives rebound
U.S.-Iran Conflict Escalates! U.S. stocks and Taiwan stocks both plummet, Bitcoin rebounds and temporarily stays above 68,000
Michael Saylor declares the bear market over and is bullish on Bitcoin reaching $1 million.
The overall crypto market is trending downward, with only Layer2, SocialFi, and RWA sectors remaining relatively resilient.
Bridgewater's Dalio: There is only one kind of gold in the world, and global central banks will not choose Bitcoin as a safe-haven asset
