South Korea’s second-largest cryptocurrency trade, Bithumb, introduced at the moment that it is going to be itemizing Euler (EUL) on its spot buying and selling platform.
The announcement comes because the Euler community continues to realize traction within the decentralized finance (DeFi) area, attracting consideration from main exchanges and reaching document ranges of complete worth locked (TVL).
Bithumb Listing Triggers Double-Digit Rally For EUL
Euler is a decentralized finance (DeFi) protocol on the Ethereum (ETH) network that lets customers lend, borrow, and trade crypto property. Its governance token, EUL, is used for voting and ecosystem incentives.
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According to the announcement on Bithumb’s official web site, EUL will probably be out there to commerce in opposition to the Korean Won (KRW). The trade notified its customers that buying and selling will start at 5:00 PM Korean Standard Time (KST).
The trade confirmed that EUL will probably be supported solely on the Ethereum network. The reference worth for the itemizing has been set at 12,930 KRW.
“In compliance with the Travel Rule, deposits and withdrawals are supported only through virtual asset service providers (VASPs) exchanges supported by Bithumb. If assets are deposited through an exchange not included in the list of supported external exchanges, the deposit will not be processed, and it may take a long time to return the unprocessed deposit,” Bithumb added.
Euler’s itemizing provides another altcoin option for South Korean buyers at a time when home exchanges are competing to diversify their choices. Meanwhile, as observed with many altcoins, EUL additionally noticed a worth 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% acquire.
The worth pump additionally positioned EUL as the highest gainer among the many high 300 cryptocurrencies on CoinGecko. Furthermore, 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, also added buying and selling assist for the altcoin.
Besides the value, the community itself has seen substantial progress. Data from DefiLama revealed that Euler’s TVL reached a new all-time excessive (ATH) of $1.52 billion at the moment. This represents a almost 15-fold improve for the reason that starting of 2025.
Financial metrics additional spotlight Euler’s momentum. Token Terminal data indicated that the protocol’s income and costs have grown over 500percentin 2025, reflecting sturdy person adoption. With sturdy community progress, rising monetary metrics, and growing trade assist, EUL continues to draw consideration as one of many extra dynamic altcoins in 2025.
