Citrea’s CTR Token Debuts on South Korea’s Top Exchanges Upbit and Bithumb

2 hour ago 2 sources positive

Key takeaways:

  • CTR’s dual listing on Upbit and Bithumb could spark a significant retail-driven rally in the near term.
  • Bitcoin-based Layer-2 projects like Citrea may gain traction as BTC DeFi narrative strengthens.
  • Investors should monitor for post-listing sell-offs typical of Korean exchange hype cycles.

Citrea’s native token CTR has been listed on South Korea’s two largest cryptocurrency exchanges, Upbit and Bithumb, on June 9, 2026. The dual listing dramatically expands access to the Bitcoin-based Layer-2 project’s ecosystem, with trading pairs including Korean won (KRW) on Bithumb and BTC and USDT on Upbit.

Bithumb launched CTR on its KRW market with a reference price of 21.61 won, requiring 200 network confirmations for deposits. Meanwhile, Upbit opened CTR/BTC and CTR/USDT trading. Both exchanges began deposit and withdrawal operations shortly before the 3 PM KST trading start.

Citrea is a zero-knowledge rollup (ZK-rollup) built on Bitcoin, enabling smart contracts and DeFi applications while maintaining Bitcoin’s security. Its Ethereum Virtual Machine compatibility allows Ethereum developers to easily migrate. The project's BitVM-based Clementine bridge gives users minimized-trust access to BTC in lending, borrowing, liquidity provision, and prediction markets.

The listing follows Citrea’s mainnet launch in January 2026 and the official CTR token launch on May 4, 2026. CTR serves as a coordination asset that includes a vote-escrow staking model (xCTR) granting governance power over the Citrea Treasury. Key backers include Founders Fund, Galaxy Ventures, and Delphi Digital. The listing also comes after a $50 million liquidity commitment from Galaxy Digital and other asset managers, and the ctUSD Pre-Deposit Vault launch.

CTR is now available globally on Coinbase, Kraken, Binance Alpha, KuCoin, Gate.io, and other exchanges, further solidifying its role as the infrastructure for Bitcoin capital markets.

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