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Upbit Lists a New Coin: Price Skyrockets to the Top Within Minutes!

upbit

One of South Korea’s largest crypto exchanges, Upbit, has announced the listing of Clearpool (CPOOL). The token will begin trading today at 10:30 AM (TSI) in pairs with KRW, BTC, and USDT. Following the announcement, CPOOL’s price surged more than 15% across Asian markets within minutes, drawing strong investor attention.

Upbit Strengthens DeFi Adoption

Upbit’s latest listing move signals growing interest in DeFi lending protocols across South Korea. CPOOL, the governance and utility token of the Clearpool protocol, powers a decentralized finance (DeFi) infrastructure for institutional unsecured lending. Through CPOOL, investors can participate in governance decisions while also earning staking rewards.

“The listing of CPOOL on Upbit will boost institutional interest in DeFi across Asia. This step will expand Clearpool’s liquidity network to a broader user base.”
— Analysts highlighted the growth potential of South Korea’s DeFi market.

What Is Clearpool (CPOOL)?

Clearpool is a DeFi platform transforming Real World Asset (RWA) lending. It has provided over $640 million in loans to institutions such as Jane Street and Wintermute. Originally launched on the Ethereum mainnet, the protocol has since expanded across multiple networks.

  • Its permissionless protocol allows institutions to access unsecured liquidity from DeFi markets.
  • Clearpool Prime, on the other hand, is a permissioned platform designed to meet regulatory compliance needs.
  • Additionally, Clearpool aims to expand its RWA ecosystem through its upcoming Layer 2 solution, Ozean.

CPOOL Price Surge and Market Reaction

Following the listing announcement, CPOOL’s price surged sharply, jumping from $0.112 to $0.16 within hours — a gain of over 15%. Trading volumes also spiked by 140% during the same period.

Analysts attribute this rally to the strong enthusiasm of Korean investors for new listings. While Upbit listings often trigger short-term price rallies, experts caution traders to remain vigilant about potential post-listing sell pressure.

Upbit Listing Brings Fresh Momentum to the DeFi Market

Upbit’s listing of CPOOL demonstrates a renewed wave of confidence in the DeFi sector across Asia. The rapid rise in CPOOL’s price has increased investor interest and highlighted the potential for DeFi projects to integrate with traditional financial systems.

According to experts, Clearpool’s institutional lending model could play a key role in shaping a more regulation-friendly version of decentralized finance in the future. This development may further strengthen Upbit’s position as a leading player in the DeFi ecosystem.

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