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.
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
XRP Price Just Flashed a Hidden Macro Retest – Analysts Predict the Real Fireworks
XRP is undergoing a significant macro breakout retest, suggesting potential for a notable upward move towards $15. Analyst insights indicate bullish momentum as buyers gain strength, with a successful retest validating the bullish outlook for sustained growth.
CaptainAltcoin4h ago
Bitcoin Rejects $76K as War and PPI Rock Markets
_ Bitcoin rejected $76,000 resistance as US strikes on Iran, hot PPI at 3.4%, and Powell’s FOMC tone sent crypto and risk assets into a sell-off._
Bitcoin hit $76,000 and turned back around. The rejection was clean. Sellers were waiting right at the level that traders had marked for
LiveBTCNews4h ago
Gold Price Dip Deepens – Is Smart Money Forcing the Market Lower?
Gold prices just took a nosedive, and people are trying to figure out why. Sure, markets move fast. But something about this drop feels off.
A trader named Wimar.X pointed out that hedge funds might be behind it. Here is the kicker. The CFTC data shows that hedge funds opened new short
CaptainAltcoin5h ago
'How Did You Manage That?': Peter Schiff Trolls Michael Saylor Over 4.5% Bitcoin Loss and $44 Billion Plans - U.Today
Michael Saylor continues to invest heavily in Bitcoin, purchasing $76.6 million worth despite facing criticism from Peter Schiff about recent losses. Saylor aims to acquire one million BTC, supported by a new $44.1 billion funding plan, while Schiff highlights the ongoing portfolio drawdown.
UToday6h ago
Cardano (ADA) Price Reclaims $0.26 as Volume Rockets 60% - U.Today
Cardano (ADA) has recovered to $0.26, up 3% with a 60% increase in trading volume. While analysts caution it remains range-bound, historical data suggests a potential bullish close in March, driven by market trends and DeFi growth.
UToday7h ago
