South Korean cryptocurrency exchange Upbit will list Conflux’s native token, CFX, on its Korean won (KRW), Bitcoin (BTC) and Tether (USDT) spot markets, giving the asset broader access to one of the country’s largest crypto trading platforms.
According to an exchange notice published on July 31, trading is scheduled to begin at 4:00 p.m. Korea Standard Time. Deposits and withdrawals are expected to open within 90 minutes of the announcement through the Conflux eSpace network.
신규 디지털 자산 콘플럭스(CFX) 거래지원 안내
✅ 지원 마켓: KRW, BTC, USDT 마켓
📅 거래지원 개시 시점 : 2026-07-31 16:00 KST 예정🔗공지 바로가기:https://t.co/X3WgW8Vfbw#Upbit #CFX@Conflux_Network pic.twitter.com/gMerm10THN
— Upbit Korea (@Official_Upbit) July 31, 2026
However, Upbit said the trading launch could be delayed if there is not enough liquidity available before the market opens.
To reduce excessive volatility during the launch, the exchange will block buy orders for the first five minutes after trading starts. Sell orders priced more than 10% below the previous closing price will also be restricted during that period, while only limit orders will be accepted for the first two hours.
Upbit listing is important for CFX
The listing gives CFX direct access to Upbit’s KRW market, allowing South Korean users to buy and sell the token without first converting their funds into another cryptocurrency. Alongside the KRW pair, traders will also have access to BTC and USDT markets.
Before the announcement, Upbit displayed reference prices of 58.25 won, 0.00000062 BTC and 0.04044 USDT for CFX, using CoinMarketCap data as the basis for the listing.
CFX price climbed roughly 8.5% over the previous 24 hours to around $0.045, while daily trading volume nearly doubled to about $13 million. The token’s market capitalization also rose to approximately $236 million.
South Korea remains one of the world’s most active digital asset markets, and listings on major local exchanges such as Upbit frequently attract increased trading activity and liquidity. However, previous listings on the exchange have delivered mixed results.
In July, Upbit added Derive (DRV) to its KRW, BTC and USDT markets, while nine other tokens received new BTC and USDT trading pairs in June. Although those listings boosted trading volume in the early stages, several failed to maintain their initial price gains as market interest cooled.
What makes Conflux different from other blockchains?
Conflux runs two separate blockchain environments. Core Space serves as the network’s native chain, while eSpace is compatible with the Ethereum Virtual Machine (EVM), allowing developers to deploy Ethereum-based smart contracts and decentralized applications with minimal modifications.
The network also combines proof-of-work with proof-of-stake to balance security and transaction finality. CFX is used to pay network fees, participate in staking and governance, and provide storage collateral. Earlier this year, Conflux introduced its 3.0 upgrade, aimed at increasing throughput while expanding support for payment infrastructure and real-world asset applications.
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