Upbit, South Korea's largest cryptocurrency exchange, listed nine digital assets across its Bitcoin and Tether markets on June 19, rolling out trading in hourly windows from 3 PM to 7 PM Korea Standard Time. The tokens include Lido DAO (LDO), PAX Gold (PAXG), Morpho (MORPHO), PEAQ, LIT, Kamino Finance (KMNO), Gram (GRAM), Osmosis (OSMO), and Amp (AMP). Each token got both BTC and USDT pairs except Amp, which trades only against USDT.
Hourly rollout schedule
The exchange staggered the launches by the hour. PEAQ and LIT opened first at 3 PM KST. KMNO and MORPHO followed at 4 PM. GRAM started at 5 PM. LDO and PAXG went live at 6 PM. OSMO and AMP closed out the day at 7 PM. The sequence gave traders a few minutes to prepare before each pair hit the order book.
First five minutes: no buy orders allowed
Upbit imposed short-term trading restrictions on all new pairs. For the first five minutes after each token went live, buy orders were blocked entirely. Sell orders priced more than 10% below the previous day's close were also blocked. On top of that, only limit orders were accepted for roughly two hours after trading started. The exchange didn't say why it put those guardrails in place, but the pattern mirrors its past handling of volatile new listings.
Deposit warnings and network checks
Deposits opened within three hours of the announcement. Upbit warned that deposits and withdrawals are supported only on specified networks — unsupported network deposits may not be recoverable. That's a standard caution, but one that's cost users real money in the past. Separately, the broader crypto market has been sliding on macroeconomic fears, though the listing itself still drew attention.
