Upbit, one of South Korea's largest digital asset exchanges, announced that it will list the digital asset Orderly (ORDER) on the KRW (Korean won) market on October 24, 2025.
Upbit Announces Listing of Orderly (ORDER) Token on KRW Market
According to the exchange's official announcement, transaction support for the ORDER token running on the Ethereum network will be launched on October 24 at 16:00.
Upbit emphasized that users must deposit and withdraw funds through the correct network before trading. The announcement also noted that trading start times may be delayed if sufficient liquidity is not available.
In the first phase, some temporary trading restrictions will be implemented to mitigate market volatility. Buy orders will be suspended for five minutes after trading opens, and sell orders placed at 10% below the previous closing price will be prohibited for the same period. Furthermore, only limit orders will be accepted for the first two hours.
Orderly is a DeFi project that aims to offer a multi-chain orderbook-based liquidity infrastructure. The project combines liquidity pools from different blockchains into a single ecosystem, giving users access to deeper liquidity. The ORDER token will be used for the platform's governance, staking, and ecosystem incentives.
This listing is seen as a step towards strengthening Upbit's support for DeFi-focused projects.
*This is not investment advice.