Upbit, South Korea's largest exchange, will list MORPHO on July 25 and EUL on July 26 with Ethereum deposit/withdrawal support.
Ecosystem ·
Upbit, South Korea's largest crypto exchange, will list Morpho (MORPHO) on July 25 at 5:00 p.m. UTC+8 and Euler (EUL) on July 26 at 11:00 a.m. UTC+8, according to an announcement. Both tokens will be tradeable in the Korean won (KRW) market.
Deposits and withdrawals for MORPHO and EUL will be facilitated exclusively through the Ethereum blockchain, limiting on-ramp and off-ramp routes to that chain. The staggered listing schedule—separated by roughly 18 hours—suggests a phased rollout rather than simultaneous debut.
The timing and mechanics of fiat conversion, minimum deposit thresholds, and whether the listings signal broader KRW market expansion for either protocol remain unspecified. No details were provided on trading fees, volume incentives, or the rationale for the Ethereum-only bridge approach.