Upbit Lists SynFutures F Token for KRW and USDT Trading
NewsSouth Korea’s Upbit exchange lists SynFutures F token, driving significant price surge and trading volume increase.
- Upbit lists SynFutures F token for KRW and USDT.
- F token price surged 121% post-announcement.
- Trading restrictions applied to maintain market integrity.
Upbit, South Korea’s largest crypto exchange, announced the listing of SynFutures (F) for trading with KRW and USDT pairs starting October 21, 2025.
The announcement led to a significant increase in SynFutures’ market activity, boosting its price over 121%, highlighting the exchange’s influence on token liquidity and market dynamics.
Upbit, South Korea’s largest crypto exchange, announced the listing of SynFutures (F) tokens for KRW and USDT trading pairs. Trading started on October 21, 2025, marking a significant event for the decentralized derivatives exchange.
SynFutures, led by CEO Rachel Lin, enhances its reach through this listing. The tokens will trade on Upbit, operated by Dunamu Inc., bolstering SynFutures’ market presence with immediate effect.
The F token price rose 121% after the listing announcement, significantly outperforming market trends. This surge indicates strong speculative interest from the crypto community, driven by Upbit’s listing decision.
Upbit applied trading restrictions to ensure orderly market functioning. This includes a 5-minute buy restriction and a -10% minimum sell price floor relative to the previous day’s closing rate, focusing on maintaining market stability.
Trading volumes increased ninefold within three hours post-announcement. This surge demonstrates the potential influence of Upbit’s listing on market behaviors for native tokens like SynFutures F.
Historically, Upbit’s listings trigger notable price hikes for similar tokens, as seen with dYdX and GMX. This precedent suggests continued volatility and liquidity impacts in the decentralized derivatives sector following such announcements.
Rachel Lin, CEO of SynFutures, shared her thoughts on the integration, stating:
“The integration of F into Upbit marks a significant step for our project, enhancing access to our decentralized derivatives platform for a broader audience.”
Community interest was significant, as reflected in the notable trading volume and price movements.
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