Upbit to List UP2 Trading Pairs Across Korean Won, Bitcoin and Tether Markets

According to Upbit and Bithumb, Superform’s token will begin trading on South Korean exchanges, with Upbit listing UP2 in KRW, BTC and USDT markets and Bithumb opening KRW trading later the same day.

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Fact Check
Three corroborating sources from two independent Chinese crypto news outlets (PANews and Odaily) consistently confirm the core claim: Upbit announced listing of Superform's UP2 token with KRW, BTC, and USDT trading pairs on the Base network, with trading starting at 20:30 KST on May 13, 2026. The 140%+ price surge is also confirmed by 'UP 受 Upbit 上线消息影响短时上涨超 80%', which reports a 24-hour gain exceeding 140%. Both outlets cite official announcements as their source. The confidence is medium rather than high because the primary Upbit official domain (upbit.com) and official X account (@Official_Upbit) could not be directly verified in this run, and the X post link was inaccessible. However, the consistency across independent sources and the absence of any conflicting evidence supports a high probability of truth.
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Summary

Upbit announced that it will list Superform’s governance token under the ticker UP2, with spot trading set to begin at 20:30 KST on May 13, 2026, across KRW, BTC and USDT markets, with deposits and withdrawals supported on Base. Upbit also clarified that the correct ticker is UP2, not UP. Separately, Bithumb announced that it will list Superform in its KRW market, with trading scheduled to begin at 23:30 local time in South Korea, and identified the asset as UP. Following Upbit’s listing announcement, Superform’s token was reported to have risen more than 140% in 24 hours to $0.293, reflecting a strong market reaction. The two exchange notices indicate broader South Korean market access for Superform, while also showing a ticker discrepancy between Upbit’s UP2 designation and Bithumb’s UP designation.

Terms & Concepts
  • UP2: The governance token of Superform, which Upbit identified in its listing announcement and clarified is the correct ticker rather than UP.
  • Spot trading: A market where crypto assets are bought and sold for immediate settlement rather than through derivatives.
  • Base: The blockchain network on which Upbit said it will support UP2 deposits and withdrawals.