On July 25, the biggest crypto exchange in South Korea, Upbit, announced the listing of new trading pairs for two digital assets:
- Huma Finance (HUMA) - A PayFi network that powers the financing of global payments with instant access to liquidity
- Maple Finance (SYRUP) - An on-chain asset manager that combines capital market expertise with DeFi innovation
Upbit's Listing Announcement for HUMA and SYRUP
In an official announcement, Upbit revealed that it would list BTC/HUMA and USDT/HUMA trading pairs on Solana at 16:00 KST on July 25.
On the same day, in a separate note, the crypto exchange revealed the listing of SYRUP, supporting the KRW, USDT, and BTC markets. The listing was scheduled for 15:00 KST.
Both digital assets recorded price spikes following the crypto exchange's announcement of their upcoming listings on the platform.
HUMA and SYRUP Prices Surged
Here are the price actions for HUMA and SYRUP on July 25:
SYRUP Price Action
SYRUP was trading at $0.48 with a market cap of over $579 million before Upbit released its listing announcement on July 25.
SYRUP debuted an ascendant trajectory, spiking by over 19% and continuing to surge, reaching an ATH above $0.65 following the announcement.
At the moment of writing this article, SYRUP is trading at $65 with a market cap of over $775 million. The digital asset is up by more than 38% in the past 24 hours.
HUMA Price Action
HUMA also recorded price volatilty around the time of Upbit's announcement today. The digital asset had a market cap of $71 million, then it spiked to over $76 million, before dropping to its current levels.
At the moment of writing this article, HUMA is trading above $0.04, and the digital asset has a market cap of more than $75 million. Earlier, the digital asset's price spiked by 7% after Upbit revealed its listing.
HUMA is up by over 20% in the past 24 hours.
