Haciyev Reşit 
Exchange listings continue to play a critical role in driving price movements in the cryptocurrency market. Upbit, one of South Korea’s largest cryptocurrency exchanges, has announced the upcoming listing of YieldBasis (YB) and ZKP tokens. Following the announcement, both tokens recorded notable price increases, quickly drawing strong investor interest.
Upbit Announces the Listing of YieldBasis (YB) and ZKP
According to Upbit’s official statement, YieldBasis (YB) will be listed with BTC and USDT trading pairs, with trading support beginning on December 26, 2025, at 15:00 (UTC). In addition, the ZKP token will also be added to Upbit and will be available for trading against KRW, BTC, and USDT pairs.
These developments significantly enhance the global visibility of both tokens while making them more accessible—particularly to investors in the Asian market.
“YieldBasis (YB) will be listed in the BTC and USDT markets, while ZKP will be available in the KRW, BTC, and USDT markets on Upbit. Investors are advised to pay close attention to trading times and market rules.”
— Upbit official statement
Price Reaction Following the Listings
After the listing announcements, the price of YB moved sharply higher in a short period of time. A clear spike in trading volume was observed in the first hours following the news. This sudden move highlights the demand-driven impact that listings on a high-volume exchange like Upbit can generate. Investors view YB’s availability in BTC and USDT trading pairs as a positive development in terms of liquidity.
Similarly, ZKP recorded a rapid price increase following its listing announcement. The surge in early trading volume signals strong investor interest. With KRW, BTC, and USDT trading pairs, ZKP benefits from enhanced liquidity, which further supports positive price action.
What Is YieldBasis (YB)?
YieldBasis (YB) is a DeFi protocol that allows users to deposit BTC into an automated market maker (AMM) pool and earn trading fees without incurring impermanent loss (IL). The platform leverages BTC liquidity in a 2x leveraged BTC/crvUSD pool. Users deposit BTC and receive ybBTC, a token that tracks BTC’s price on a 1:1 basis while generating Curve trading fees.
The protocol borrows crvUSD to maintain 2x leverage (50% loan-to-value ratio), effectively eliminating impermanent loss. Users can earn BTC-denominated fees without staking ybBTC, or stake it to receive YB token emissions. YB tokens can be vote-locked (veYB) to gain governance rights and a share of protocol fees.
What Is zkPass (ZKP)?
zkPass is a Web3 project centered around zero-knowledge proof (ZKP) technology, with a strong focus on user privacy. The project aims to enable identity and data verification without exposing sensitive personal information. This approach addresses a critical need within decentralized applications and the DeFi ecosystem. By bridging Web2 and Web3 securely, zkPass empowers users to maintain full control over their data while enabling trust-minimized verification.
Short-Term Outlook and Possible Scenarios
Following the post-listing price surge, some investors may choose to take profits, potentially leading to short-term volatility. However, if trading volume remains strong and exchange interest persists, YB and ZKP could maintain their upward momentum. As a major gateway to Asian markets, Upbit provides both tokens with access to a broad and active investor base.
Overall, Upbit’s listing of YieldBasis (YB) and ZKP represents a major milestone for both projects. The immediate price reaction indicates that investors have responded positively to the news. Rising trading volumes, new trading pairs, and expanded market exposure position YB and ZKP as projects likely to remain under close market scrutiny in the coming period.
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