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Korean Crypto Exchanges Add 13 Tokens in Third Week of June Across AI, Meme Coins, RWA, DeFi

Minseung Kang

Summary

  • South Korean exchanges listed 13 new tokens in the third week of June across sectors including artificial intelligence (AI), meme coins, RWA, DeFi and DePIN.
  • Upbit, Bithumb and other exchanges listed OpenGradient (OPG), SPX, Re Protocol (RE), peaq (PEAQ), SpaceCoin (SPACE), Lido DAO (LDO) and Pax Gold (PAXG) in various markets.
  • The tokens are used for functions including lending and liquidity management, staking, physical gold-linked assets and payment collateral tokens, with each project offering different yield structures and use cases.

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Photo: Shutterstock
Photo: Shutterstock

South Korea's cryptocurrency exchanges added a broad mix of new tokens in the third week of June, spanning artificial intelligence, meme coins, real-world asset tokenization, decentralized finance and decentralized physical infrastructure.

Upbit and Bithumb listed 13 tokens in total, including OpenGradient (OPG), SPX6900 (SPX), Re Protocol (RE), peaq (PEAQ), Lighter (LIT), Kamino Finance (KMNO), Morpho (MORPHO), Gram (GRAM), Lido DAO (LDO), Pax Gold (PAXG), Osmosis (OSMO), Amp (AMP) and SpaceCoin (SPACE), according to industry officials on June 21.

In AI, OpenGradient began trading. The project is blockchain-based infrastructure for running AI models and verifying their outputs. Upbit listed OPG in its BTC and USDT markets on June 15.

SPX6900 was the new meme-coin listing. The community-driven token parodies the S&P 500, the flagship U.S. stock index. Rather than offering standalone utility, the project is built around a narrative that satirizes financial markets and investing culture. Upbit and Bithumb opened SPX trading on June 16.

In real-world assets, Re Protocol was added. The insurance-based RWA project is designed to generate yield by linking on-chain capital to the reinsurance market. Upbit and Bithumb began trading RE on June 19.

The DePIN additions were peaq and SpaceCoin. peaq is a Layer 1 blockchain built to let machines and devices join a network, provide data and receive rewards. SpaceCoin aims to create decentralized internet infrastructure by combining low-earth-orbit satellites with blockchain. Upbit listed peaq in its BTC and USDT markets, while Bithumb added SpaceCoin to its Korean won market.

Several DeFi tokens were also listed. Lighter is a token used for staking and liquidity participation on a decentralized perpetual futures exchange. Kamino Finance is a Solana-based lending and liquidity management protocol that seeks to improve accessibility by automating complex DeFi strategies.

Morpho is a non-custodial lending protocol on Ethereum. Users can deposit assets to earn yield or borrow against collateral. Lido DAO is an Ethereum liquid-staking protocol that allows users to stake Ether without directly operating validators.

Osmosis is a decentralized exchange in the Cosmos ecosystem and a cross-chain DeFi hub. It supports asset transfers and trading across multiple blockchains, with OSMO used for fees, staking and governance.

In Layer 1 tokens, Gram was listed. Gram is tied to The Open Network, or TON, the Telegram-based blockchain ecosystem. It is used for network fees and staking.

Pax Gold was added as a real-world asset-linked token. PAXG is an Ethereum-based token designed to track physical gold on a 1:1 basis. It is issued by Paxos Trust, which mints the token against vaulted gold holdings.

Amp was among the payment-infrastructure listings. The token is designed to serve as collateral when settlement is delayed or fails during cryptocurrency payments. If a payment is completed normally, rewards are distributed. If it fails, the collateral can be used to cover losses.

Minseung Kang

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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