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

YB-4,09%
BTC-0,61%
ETH-0,49%

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

PEPE Price at $0.053259 as Tight Range and Falling Volume Shape Short-Term Market Activity

PEPE was traded at $0.053259 and has recorded a 3.0 percent fall in value but it is within a thin band of support and resistance. The market exhibited a volume of 235.15M in 24 hour trading, which is a decline of 19.16% reflecting less trading activity. Technical indicators are not

CryptoNewsLand2h ago

Aave Price Holds Near $111 After $27M Liquidation Error Shakes DeFi

Key Insights Aave traded near $111 after a CAPO oracle configuration error triggered $27 million in liquidations across 34 wstETH-backed accounts. Trading activity cooled as derivatives volume dropped and open interest declined, signaling that traders stepped back following the liquidation in

CryptoFrontNews2h ago

XRP Holds $1.34 Support While Leverage Heatmap Highlights $1.30 Risk Zone

XRP is trading at $1.36 in a tight range of support at $1.34 and resistance at $1.37. The heatmap data indicates that there is a huge amount of long positions in the range of $1.30. Should prices fall to around $1.30, long positions with high leverage in this region might

CryptoNewsLand2h ago

Crypto Market Update – River and Hyperliquid Lead Gainers As Decentralized Infrastructure Gains M...

The crypto market is displaying its typical volatility once again, yet under the noise of price movements, the beginnings of a narrative are starting to take shape. As of today, the “Top Gainers” on CoinMarketCap leans heavily towards projects targeting decentralized infrastructure and fast Layer-1s

BlockChainReporter3h ago

Solana Approaches Key Sell Wall at $84.78 — Will Momentum Hold for a Move Toward $89?

Solana is trading at an approximate price of $83.18, although a solid sell wall is at an approximate price of $84.78, which prevents upward movement. The price is trapped between the support at $81.99 and the resistance at $84.78 which is short term consolidation. Once buyers hit the

CryptoNewsLand4h ago

SOL Consolidates Near $84 While Chart Highlights Possible $45 Demand Zone

Solana (SOL) trades at $83.87 within a range defined by $81.03 support and $84.43 resistance, showing consolidation below a $90 supply zone. There is a broader demand area near $45, indicating potential downward movement before recovery.

CryptoNewsLand4h 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