South Korea’s largest crypto exchange, Upbit, has announced it will list Clearpool’s native token CPOOL with trading pairs against KRW, BTC and USDT. At the same time, local exchange Bithumb announced it will list CPOOL/KRW, expanding access to the token for Korean traders. The moves come as Clearpool — a decentralized credit market for unsecured lending to crypto-native institutions — gains renewed market attention.
Key facts (quick)
- Exchange: Upbit (largest South Korean exchange) — will list CPOOL with KRW, BTC and USDT trading pairs.
- Exchange: Bithumb — will list CPOOL/KRW (KRW pair).
- Project: Clearpool (CPOOL) is a decentralized credit marketplace focused on permissionless institutional unsecured lending, offering liquidity pools and risk-adjusted yields for lenders.
- Market reaction: CPOOL’s price and trading volume surged sharply on the news, with intraday gains reported by market outlets.
Lede — what happened
Upbit will add CPOOL to its spot markets with three pairs (KRW, BTC, USDT), enabling both fiat (Korean won) and crypto-denominated trading. Bithumb separately confirmed the addition of a KRW pair for CPOOL, giving Korean retail and institutional traders multiple local venues to trade the token. Both listing announcements were reported publicly on October 21–22, 2025.
Why it matters
Listing on major South Korean exchanges typically increases a token’s local liquidity and visibility. Upbit — one of the region’s highest-volume spot exchanges — supports fiat (KRW) trading and often triggers short-term price and volume spikes when it announces new listings. For Clearpool, the listings improve access to Korean liquidity and may broaden the token’s investor base beyond existing DeFi/institutional participants.
What is Clearpool (brief background)
Clearpool operates as a decentralized credit marketplace that allows institutional borrowers to raise unsecured liquidity from on-chain liquidity providers. The protocol offers single-borrower pools and market-driven interest rates, aiming to connect KYC’d institutional borrowers with crypto-native lenders while using the CPOOL token for governance and incentives. Clearpool’s platform and documentation describe features such as staking, pool creation, and interest models for lenders.
Market reaction
Crypto news sources and market trackers reported a sharp intraday rally in CPOOL’s price after the Upbit listing news, with some outlets noting gains of 60–100% in short windows and a surge in trading volume on both centralized and DEX venues. These moves are consistent with the “exchange-listing pump” pattern frequently seen when major regional exchanges add new assets. Readers should note that such moves can be volatile and short-lived.
What exchanges said (official vs. media)
- Upbit: The listing was reported by regional crypto outlets citing exchange announcements; traders should consult Upbit’s official announcements page or app for the formal listing schedule, deposit windows and exact trading start times.
- Bithumb: Bithumb’s KRW listing for CPOOL was reported in the same news cycle; check Bithumb’s official notices for deposits, withdrawals and trading start times.
Risks and context for traders
- Volatility: New listings often produce sharp price swings. Traders should be cautious with order execution and risk sizing.
- Liquidity & spreads: Early trading may have wide spreads and variable liquidity across pairs (KRW vs. BTC vs. USDT).
- Regulatory environment: South Korea’s crypto rules and exchange listing policies can influence fiat pair availability and operational details; users should follow exchange notices for compliance or deposit restrictions.
Bottom line
The listing of CPOOL on Upbit (KRW, BTC, USDT) and Bithumb (KRW) marks a notable expansion of the token into South Korea’s retail and institutional markets. Given Clearpool’s focus on institutional unsecured lending, the listings may help the protocol reach a broader pool of market participants — but traders should be prepared for elevated short-term volatility.