- Upbit lists Lombard (BARD) for trading.
- BARD prices fluctuate post-listing.
- High trading volume observed.
South Korea’s largest crypto exchange, Upbit, announced it will begin trading Lombard (BARD) with KRW, BTC, and USDT from September 18, 2025.
The listing expands BARD’s reach in Asian markets, sparking significant trading activity and volatility, with potential implications for Bitcoin DeFi developments.
South Korea’s largest exchange, Upbit, listed Lombard (BARD) for trading in KRW, BTC, and USDT. The listing took effect on September 18, 2025, indicating Upbit’s expanding listing efforts.
Involved entities include Upbit and the Lombard Project Team. This listing signals a strategic move into the Asian market without direct statements from Lombard’s leadership. “We aim to expand our trading offerings to include innovative DeFi projects like Lombard, which aligns with our commitment to fostering growth in the cryptocurrency ecosystem,” said Dae-Sung Han, Head of Upbit, Dunamu.
Market reactions saw BARD’s price spike briefly to $1.61 before stabilizing near $1.08, reflecting high volatility. Trading volume surged significantly post-listing. This can impact the Bitcoin (BTC) market, given BARD’s foundation in Bitcoin DeFi. There are currently no disclosed institutional investments connected to this event.
The listing aligns with Upbit’s strategy of enhanced regulatory compliance with the Financial Supervisory Service. No major regulatory changes were associated with the event.
Future implications might involve shifts in on-chain liquidity if Lombard Protocol sees increased adoption. Past listings have shown similar volatility patterns, as observed with Lagrange (LA).
