South Korea’s top crypto exchanges, Upbit and Bithumb, have simultaneously announced listings for Metaplex (MPLX) and Nexus (NEX), bringing both tokens to a wider audience. The move marks a notable expansion for the two projects, with Upbit initially scheduling trading for July 3, 2026, and Bithumb confirming trade support in Korean won markets.
Upbit’s original plan slated MPLX trading for 3:00 p.m. KST and NEX for 6:00 p.m. KST that day. The exchange later postponed both launch times to 7:00 p.m. KST on July 3, and then issued a second revision on July 3, pushing trading to July 4 at 10:00 a.m. KST to ensure adequate liquidity. Bithumb’s schedule, as initially announced, remained with MPLX at 3:00 p.m. and NEX at 6:00 p.m. on July 3, referencing prices of 32.09 won and 0.0028 won respectively.
Trading pairs vary by exchange. Upbit will support MPLX against BTC and USDT on the Solana network, while NEX will trade in a USDT pair on the Ethereum network. Bithumb, on the other hand, will offer both tokens directly in KRW markets. Careful deposit instructions were issued: only Solana-based MPLX and Ethereum-based NEX transfers will be credited, with smart contract addresses published to avoid errors.
Standard new-listing safety measures are in place. For about five minutes after trading opens, buy orders will be restricted and sell orders set more than 10% below the prior closing price will be barred. For the first two hours, only limit orders are allowed, with all other order types and conditional orders temporarily disabled.
Metaplex is a key infrastructure project within the Solana ecosystem, providing tools for NFT and token creation, metadata management, and large-scale asset issuance. Its governance token MPLX is used by the Metaplex DAO to vote on protocol upgrades and treasury activities. Nexus is a Layer‑1 blockchain that brings verifiable computation to decentralized finance, built with Cosmos SDK and CometBFT. It offers EVM compatibility for Ethereum smart contracts, and the NEX token serves as the network’s gas asset for fees, staking, and rewards to compute providers.
