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Upbit adds MetaDAO (META2) trading in KRW, BTC and USDT

Upbit adds MetaDAO (META2) trading in KRW, BTC and USDT

The South Korean exchange said META2 trading is set to open July 29 at 16:30, with deposits and withdrawals enabled via the Solana network and launch timing subject to liquidity conditions.

BTC
USDT
SOL

Fact Check
The official @Official_Upbit X post confirms MetaDAO (META2) trading support in KRW, BTC and USDT markets with a July 29 16:30 KST estimated open, matching the claim precisely. Secondary sources (cryptonews.net, coinness, bloomingbit) corroborate the Solana-network deposit/withdrawal detail and the liquidity-conditional launch timing. A follow-up official Upbit post shows the launch was later postponed from 16:30 to 18:00 KST, which is consistent with the claim's 'launch timing subject to liquidity conditions' caveat and does not contradict the substance of the claim.
Summary

Upbit said MetaDAO (META2) will be listed in KRW, BTC and USDT markets on July 29, with spot trading scheduled to begin at 16:30. The exchange said deposits and withdrawals would be enabled within two hours of the announcement and restricted to the Solana network, warning that transfers sent through other networks may face lengthy refund delays. Upbit also said the token will trade under the symbol META2 to distinguish it from Metadium (META), and noted the start time could be postponed if enough liquidity is not secured. MetaDAO is a Solana-based project that uses a market-based governance model, seeking to assess community proposals through price mechanisms rather than relying only on traditional DAO voting.

Terms & Concepts
  • Solana network: The blockchain network that Upbit said must be used for META2 deposits and withdrawals.
  • DAO: A decentralized autonomous organization, a blockchain-based governance structure in which participants help make decisions.
  • market-based governance: A system that uses market pricing signals to evaluate proposals instead of depending only on token-holder votes.