South Korea’s leading digital asset exchange Upbit has announced that it will support DeepBook (DEEP) trading in the KRW market from 14:30 on April 22nd.
Upbit to list Deepbook (Deep) at KRW Market on April 22nd
This list expands trading options for Korean users looking to gain exposure to new Defi protocols built on the SUI network.
Deepbook (Deep) is the native liquidity layer on the SUI blockchain that aims to unify the fragmented liquidity of the Defi Ecosystem.
It plays a key role in providing efficient liquidity management for both professional traders and Defi protocols. Deep tokens are used for fees, staking incentives and governance.
Keylist details:
- Assets: Deep Book (Deep)
- Market: KRW
- Network: sui
- Trade begins: April 22, 2025, 14:30
- Reference price: 0.00000103 BTC (~130.8 krw)
Trade restrictions:
To ensure stability during the first startup phase, Upbit implements:
- Purchase orders will be blocked for the first 5 minutes after listing.
- Sales orders with prices below 10% of previous closing prices will also be limited to the same period.
- Order types are limited. Only restricted orders are permitted for the first hour after release.
Risk warning:
Upbit reminds investors that they are high-risk products that are subject to rapid price fluctuations due to speculative demand and global regulations development. Users are encouraged to conduct due diligence and consult with project materials before trading.
*This is not investment advice.
