South Korea’s leading cryptocurrency exchange Bithumb continues expanding its trading options. The platform has announced that PLUME and COW Protocol will be added to the KRW market today.
PLUME and COW Protocol to Be Listed on Bithumb
Bithumb has officially announced that PLUME and COW Protocol (COW) will be listed with KRW trading pairs. The deposit and withdrawal services will be available within 2 hours from the announcement. Trading is set to begin on March 5, 2025, at 15:00 (KST).
PLUME Airdrop Event
To celebrate the listing, Bithumb is launching a special event! Traders who trade PLUME for 4 consecutive days will receive PLUME rewards.
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What is PLUME?
PLUME is a modular Layer-1 blockchain designed for Real-World Asset Finance (RWAfi). It tokenizes real-world assets such as solar panels, mineral certificates, and oil reserves, making them more accessible for investors. PLUME aims to simplify the complexity of RWA trading while integrating decentralized finance elements with traditional financial systems.
The PLUME token serves as the network’s utility token for staking, governance, and transaction fees.
What is COW Protocol?
COW Protocol (CoW Protocol) is an Ethereum-based DeFi protocol that utilizes batch auctions for price determination. It also features a MEV blocker and an Automated Market Maker (AMM) to enhance trading efficiency.
- MEV Blocker: Protects users from MEV (Maximal Extractable Value) attacks.
- AMM Mechanism: Prevents Loss Versus Rebalancing (LVR) issues, increasing liquidity provider profitability.
- Batch Auctions: Offers MEV protection, optimized bids, and enhanced trade matching.
The COW token is used for governance decisions within the ecosystem.
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