Upbit adds o1.exchange token O for KRW, BTC and USDT trading
Trading in O is scheduled to begin on July 23 at 15:00 KST, giving the Base-based onchain trading platform’s native token exposure on South Korea’s largest crypto exchange.
Upbit is set to list O, the native token of Base-based onchain trading platform o1.exchange, with KRW, BTC and USDT trading pairs from 15:00 KST on July 23. The listing gives O access to South Korea’s largest exchange by market influence, where KRW pairs often bring a burst of local retail activity and wider liquidity. o1.exchange operates on Base, the Coinbase-incubated Ethereum layer-2 network, and offers spot execution, multi-venue routing and a professional trading terminal aimed at more advanced onchain trading. O is used for fee discounts, governance and other platform utility, though the project has not fully detailed all functions. The listing could boost visibility and trading volumes, but whether demand lasts beyond the initial debut remains uncertain as exchange-driven rallies often fade after early momentum.
- layer-2 network: A scaling network built on top of a base blockchain to improve speed and reduce costs.
- multi-venue routing: A trading setup that directs orders across different markets or liquidity sources to improve execution.
- liquidity: The ease with which an asset can be bought or sold without causing large price moves.