Upbit, South Korea’s largest cryptocurrency exchange, announced on Dec. 15, 2025 that it will list HumidiFi (ticker: WET) and open trading with KRW (Korean won), BTC (Bitcoin) and USDT (Tether) pairs, giving both Korean and global traders access to the Solana-based project. According to an automated listing snapshot published by market data platforms, trading is scheduled to begin at 18:30 KST on Dec. 15.
The addition of HumidiFi’s native token to Upbit’s spot markets follows a period of strong growth and market attention for WET since its launch earlier this month through Jupiter’s Decentralized Token Formation (DTF) platform.
What is HumidiFi and WET?
HumidiFi is a Solana-based decentralized exchange (DEX) that uses a proprietary automated market maker (Prop AMM) model designed to improve liquidity and execution efficiency compared with traditional decentralized AMMs. Rather than relying on user-provided liquidity pools, HumidiFi manages liquidity internally via algorithmic models to provide competitive execution and tight spreads on on-chain trades.
The protocol’s WET token serves as its native utility asset, offering features such as trading-fee rebates, staking incentives and other ecosystem utilities on HumidiFi’s platform.
Since launch in early December, WET has seen significant trading activity and price volatility, with some data sources reporting that the token more than doubled in value shortly after launching on secondary markets.
Upbit listing details
According to market data trackers, Upbit will support three primary trading pairs for WET:
- WET/KRW — enabling Korean retail traders to access the token with local fiat currency.
- WET/BTC — pairing the token against Bitcoin.
- WET/USDT — offering a stablecoin-denominated trading venue.
Upbit’s KRW markets are considered some of the most active fiat-on-ramps globally, often shaping early price discovery and liquidity for new assets listed with local currency pairs.
Market context and significance
Listing on a major exchange such as Upbit typically boosts visibility and liquidity for emerging projects, especially within the vibrant Korean retail market. South Korean investors remain highly engaged in cryptocurrency trading, and Upbit—operated by Dunamu—holds significant market share among domestic spot exchanges.
HumidiFi’s rise has been notable within the broader Solana decentralized finance (DeFi) ecosystem, where the protocol has been described by analysts and industry observers as one of the largest on-chain venues for execution and volume, driven by its active liquidity strategies.
What’s next
- Liquidity and trading volume: Traders and market observers will watch how the WET pairs perform once live on Upbit.
- Price discovery: The token’s price could exhibit early volatility as Korean fiat and crypto traders react to the listing.
- Broader adoption: Additional listings on regional exchanges or integration with other venues could expand WET’s market footprint.
Note: This article is based on exchange listing announcements and market analysis from public sources. Cryptocurrency trading carries significant risk, and listings do not constitute investment advice.
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