South Korea’s second-largest cryptocurrency change, Bithumb, introduced as we speak that it will likely be itemizing Euler (EUL) on its spot buying and selling platform.
The announcement comes because the Euler community continues to realize traction within the decentralized finance (DeFi) area, attracting consideration from main exchanges and attaining document ranges of whole worth locked (TVL).
Bithumb Itemizing Triggers Double-Digit Rally For EUL
Euler is a decentralized finance (DeFi) protocol on the Ethereum (ETH) community that lets customers lend, borrow, and commerce crypto property. Its governance token, EUL, is used for voting and ecosystem incentives.
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Based on the announcement on Bithumb’s official web site, EUL will probably be out there to commerce in opposition to the Korean Gained (KRW). The change notified its customers that buying and selling will start at 5:00 PM Korean Commonplace Time (KST).
The change confirmed that EUL will probably be supported solely on the Ethereum community. The reference worth for the itemizing has been set at 12,930 KRW.
“In compliance with the Travel Rule, deposits and withdrawals are supported only through virtual asset service providers (VASPs) exchanges supported by Bithumb. If assets are deposited through an exchange not included in the list of supported external exchanges, the deposit will not be processed, and it may take a long time to return the unprocessed deposit,” Bithumb added.
Euler’s itemizing provides one other altcoin possibility for South Korean buyers at a time when home exchanges are competing to diversify their choices. In the meantime, as noticed with many altcoins, EUL additionally noticed a worth bounce after the announcement.
Market knowledge confirmed the worth surged almost 44% from $9.6 to $13.8. As of press time, it has stabilized at $12.7, reflecting a 31.55% achieve.
Euler (EUL) Worth Efficiency. Supply: TradingView
The value pump additionally positioned EUL as the highest gainer among the many prime 300 cryptocurrencies on CoinGecko. Moreover, the buying and selling quantity rose 251% to $8.5 million. HTX accounted for almost all of this exercise.
The itemizing is one other milestone for EUL and got here almost a month after the main US-based change, Coinbase, additionally added buying and selling assist for the altcoin.
In addition to the worth, the community itself has seen substantial progress. Information from DefiLama revealed that Euler’s TVL reached a brand new all-time excessive (ATH) of $1.52 billion as we speak. This represents an almost 15-fold improve because the starting of 2025.
EUL Whole Worth Locked. Supply: DefiLama
Monetary metrics additional spotlight Euler’s momentum. Token Terminal knowledge indicated that the protocol’s income and charges have grown over 500percentin 2025, reflecting robust person adoption. With robust community progress, rising monetary metrics, and growing change assist, EUL continues to draw consideration as one of many extra dynamic altcoins in 2025.
