South Korea’s second-largest cryptocurrency trade, Bithumb, introduced at present that it will likely be itemizing Euler (EUL) on its spot buying and selling platform.
The announcement comes because the Euler community continues to achieve traction within the decentralized finance (DeFi) house, attracting consideration from main exchanges and reaching report ranges of complete worth locked (TVL).
Bithumb Itemizing Triggers Double-Digit Rally For EUL
Euler is a decentralized finance (DeFi) protocol on the Ethereum (ETH) community that lets customers lend, borrow, and commerce crypto property. Its governance token, EUL, is used for voting and ecosystem incentives.
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In keeping with the announcement on Bithumb’s official web site, EUL shall be out there to commerce in opposition to the Korean Received (KRW). The trade notified its customers that buying and selling will start at 5:00 PM Korean Normal Time (KST).
The trade confirmed that EUL shall be supported solely on the Ethereum community. The reference value for the itemizing has been set at 12,930 KRW.
“In compliance with the Journey Rule, deposits and withdrawals are supported solely by means of digital asset service suppliers (VASPs) exchanges supported by Bithumb. If property are deposited by means of an trade not included within the record of supported exterior exchanges, the deposit won’t be processed, and it could take a very long time to return the unprocessed deposit,” Bithumb added.
Euler’s itemizing provides one other altcoin choice for South Korean traders at a time when home exchanges are competing to diversify their choices. In the meantime, as noticed with many altcoins, EUL additionally noticed a value leap after the announcement.
Market information confirmed the value surged almost 44% from $9.6 to $13.8. As of press time, it has stabilized at $12.7, reflecting a 31.55% achieve.
The value pump additionally positioned EUL as the highest gainer among the many prime 300 cryptocurrencies on CoinGecko. Moreover, the buying and selling quantity rose 251% to $8.5 million. HTX accounted for almost all of this exercise.
The itemizing is one other milestone for EUL and got here almost a month after the main US-based trade, Coinbase, additionally added buying and selling help for the altcoin.
Moreover the value, the community itself has seen substantial development. Information from DefiLama revealed that Euler’s TVL reached a brand new all-time excessive (ATH) of $1.52 billion at present. This represents a virtually 15-fold improve because the starting of 2025.
Monetary metrics additional spotlight Euler’s momentum. Token Terminal information indicated that the protocol’s income and charges have grown over 500percentin 2025, reflecting robust consumer adoption. With robust community development, rising monetary metrics, and rising trade help, EUL continues to draw consideration as one of many extra dynamic altcoins in 2025.
