Yield Basis (YB) listed on major Korean CEX, price once surged by 17%

YB10,66%
BTC-2,86%
ETH-4,62%

Yield Basis (YB) reaches an important milestone. A leading domestic CEX in South Korea recently announced the official listing of Yield Basis (YB), with the related trading pairs launched on December 26. This news quickly ignited market sentiment, driving YB’s price to double-digit gains in a short period, making it one of the day’s most关注的新币之一.

According to the exchange announcement, YB/BTC and YB/USDT trading pairs opened for trading at 15:00 KST on December 26, with deposits and withdrawals only supported on the Ethereum network. The platform also提醒用户 that transferring assets through unsupported networks will result in assets not arriving in the account. Users should carefully verify the network type and contract address before transferring to avoid unnecessary losses.

In line with most new coin listing rules, the leading domestic CEX in South Korea has set temporary risk control measures during the initial trading period. During the first five minutes after trading begins, buy orders will be restricted, and sell orders significantly below the previous day’s price range will also be unable to execute. Additionally, within approximately two hours of trading start, only limit orders are supported to reduce extreme volatility during the early phase and ensure market stability.

Stimulated by the listing news, Yield Basis’s price quickly strengthened. Data shows that after the YB announcement, the price rose by over 17% at its peak, currently around $0.43. Meanwhile, intraday trading volume surged by approximately 169%, indicating a significant increase in investor participation and short-term speculative demand. For investors关注“YB 上线韩国交易所”“Yield Basis 价格走势”, this performance sends a clear market signal.

From a fundamental perspective, the popularity of Yield Basis is not solely driven by exchange effects. As an on-chain liquidity protocol focused on “impermanent loss mitigation,” Yield Basis allows users to provide Bitcoin liquidity to AMM pools while reducing IL risk. According to DeFiLlama data, the protocol’s TVL has rapidly grown from about $30 million in early October to over $200 million, reflecting a sustained increase in real usage demand.

With the rapid rise in TVL and the listing on South Korea’s leading domestic CEX, Yield Basis is entering a critical observation period. As token unlock schedules approach and competition in the DeFi sector intensifies, whether YB can maintain capital attention and price strength will become the core issue for market follow-up.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Analysis: Bitcoin faces resistance at the $70,000 level, and the five-month declining trend may not end by the end of March.

Bitcoin faces its fifth consecutive month of decline in February, with a drop of 14%. The current price is approximately $67,720, hindered by resistance at the $70,000 level. Analysts believe that breaking above the 200-week EMA and $74,500 could signal the end of the bear market, with a potential rebound to $80,000. Historical data shows that such consecutive declines are often followed by a rebound, with reversal signals possibly appearing in April.

GateNews29m ago

Bitcoin "Big Boss" retreats! After Jane Street was sued, the "10 o'clock dump" curse surprisingly lifted

The cryptocurrency market has recently experienced a significant rebound, with market capitalization skyrocketing by over $170 billion overnight. Analysts believe this is due to the sudden disappearance of long-term selling pressure that had been suppressing the market, related to the insider trading lawsuit against quantitative trading firm Jane Street. During this rebound, Bitcoin and Ethereum saw notable gains, and the market sentiment has turned more optimistic. As selling pressure eases, analysts remain optimistic about the future.

区块客38m ago

Bitwise Invest CIO Matt Hougan Lists Reasons for BTC Price Decline

Matt Hougan, CIO at Bitwise Invest, attributes the recent BTC price decline to token selling but remains optimistic about a future rebound. He believes the selling phase is concluding, possibly paving the way for new highs as Bitcoin approaches $69k.

TheNewsCrypto43m ago

SUI Price Slips Below $1 as 21Shares ETF Lists on Nasdaq

21Shares launched the TSUI ETF on Nasdaq, providing regulated SUI exposure at a 0.30% fee. Despite this, SUI trades under $1, facing resistance and support challenges. Upcoming token unlocks could impact supply dynamics amidst cautious market sentiment.

CryptoFrontNews48m ago

Hyperliquid Nears $30 as Bullish Momentum Builds

Hyperliquid has gained about 5%, nearing the $30 mark, bolstered by retail interest and increased derivatives activity. Technical indicators suggest a bullish trend, with resistance around $31-$33 and support near $28.50.

ICOHOIDER49m ago

Is Cardano the Biggest Miss of This Cycle? Frustrated ADA Investors Speak Out

Cardano was once seen as one of the safest bets in crypto. ADA price climbed to $3.10 at its peak and carried the promise of a research driven blockchain built to last decades. Today, ADA price trades near $0.29. That contrast fuels a difficult conversation. Jake Gagain did not hold back. He c

CaptainAltcoin54m ago
Comment
0/400
GongHuaqingvip
· 2025-12-27 01:17
Merry Christmas, let's get bullish! 🐂
View OriginalReply0
GongHuaqingvip
· 2025-12-27 01:17
Merry Christmas, let's get bullish! 🐂
View OriginalReply0
CoTienSeLamTuThienvip
· 2025-12-26 15:49
Buy to make money 💎
View OriginalReply0
GateUser-dfcba1f8vip
· 2025-12-26 09:52
Merry Christmas, let's get bullish! 🐂
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)