ENSO Token Gains Dual Listing on South Korea's Top Exchanges Upbit and Bithumb

South Korea's premier cryptocurrency exchange, Upbit, has announced the listing of Enso (ENSO) on its spot trading platform, with trading commencing on October 29, 2025, at 5:00 PM KST. ENSO will be available in KRW, BTC, and USDT pairs, supported exclusively via the Ethereum network. Upbit emphasized that users must deposit ENSO using the correct network to avoid invalid transactions and delays in refunds. Additionally, trading will have initial restrictions: buy orders are limited for the first five minutes, sell prices cannot drop more than 10% below the previous close, and only limit orders are permitted for the first two hours. As of 3:25 PM on October 29, ENSO's market price was recorded at 2,490.92 KRW, 0.00001629 BTC, or 1.85 USDT.

Simultaneously, Bithumb, South Korea's second-largest exchange, has also listed ENSO for trading against the Korean won (KRW), starting at the same time. The listing is supported on the Ethereum network, and deposits from other blockchains will not be accepted. The base price for ENSO on Bithumb was set at 2,384 KRW per token, with 33 confirmations required for deposit crediting. To celebrate the launch, Bithumb is offering a zero-fee trading promotion from October 29 to 31, though transactions during this period will not count toward trading points or premium program rewards. The exchange warned that any abuse of the promotion could result in exclusion.

Enso Protocol, launched in 2021, is a decentralized Layer 1 network designed to simplify interactions between smart contracts across multiple blockchains. It features a "Shortcut Engine" or "Intent Engine" that allows users to execute complex on-chain transactions—such as token swaps, liquidity deposits, LST staking, and portfolio balancing—in a single step by specifying desired outcomes. The ENSO token serves ecosystem functions including staking, governance, validation, and reward distribution. The project supports interoperability across EVM, SVM, and MVM-based blockchains, aiming to reduce fragmentation in Web3.

Market data as of October 29 shows ENSO with a market capitalization of approximately $42.56 million, trading around $2.05, and a circulating supply of 20.59 million tokens out of a maximum supply of 127.34 million to be released over 10 years. South Korea, with over 16 million residents holding crypto accounts, represents a significant market for adoption. The listings on Upbit and Bithumb are expected to enhance ENSO's liquidity and visibility, particularly in the DeFi sector, and reflect growing interest in cross-chain interoperability solutions. Earlier in 2025, Enso partnered with the USD1 stablecoin project to align with global financial standards, further bolstering its ecosystem.