South Korean cryptocurrency exchange Upbit, the country's largest by trading volume, has announced the listing of the Sentient (SENT) token on its spot trading platform. Trading for SENT commenced on January 29th at 5:30 PM local time (8:30 AM UTC) with pairs against the Korean Won (KRW), Bitcoin (BTC), and Tether (USDT).
The listing triggered an immediate and significant market reaction, with the price of SENT surging approximately 50% from an early low near $0.024. Analysts attribute the sharp price acceleration to the new retail access provided by the Upbit listing, which often introduces a wave of Korean fiat-based demand and improves liquidity depth for newly listed assets.
Upbit has implemented specific technical and trading parameters for the new listing. The SENT token is supported exclusively on the Ethereum network, with a verified contract address of 0x56a3ba04e95d34268a19b2a4474dc979babdaf76. The exchange warned users that deposits via other networks will be considered invalid.
Temporary trading restrictions are in place: for the first approximately 5 minutes after trading began, buy orders were not accepted, and sell orders below 10% of the previous closing price were restricted. Furthermore, only limit orders were allowed for the initial two hours of trading, with other order types temporarily disabled. CoinMarketCap data serves as the basis for these restrictions.
This Upbit listing is part of a broader wave of exchange integrations for Sentient. The momentum builds on a recent spot listing on global exchange Binance, which added SENT pairs against USDT, USDC, and TRY and labeled the token with a 'Seed Tag' to denote its early-stage status. Other exchanges like BitMart also listed SENT around January 22nd, creating a clustered rollout that concentrated speculative interest and volume into a short timeframe.
Fundamentally, Sentient is an open-source AI network project aiming to decentralize the AI ecosystem. The SENT token is designed for transaction fees, staking, governance, and service fees within its network. The project's narrative received a significant boost from a disclosed strategic investment by global asset manager Franklin Templeton. The collaboration focuses on high-risk AI use cases in financial services, lending institutional credibility and shifting perception towards real-world AI deployment.
