Upbit, a leading South Korean cryptocurrency exchange, has officially listed the API3 decentralized oracle network’s KRW and USDT trading pairs on August 19, 2025. This listing marks a significant move for both Upbit and the growing DeFi ecosystem. The announcement triggered a notable price surge for API3, with its value increasing by 121% in mere hours. The exchange’s robust liquidity boosted API3’s market visibility, attracting attention from both local and international investors. This listing directly impacts the cryptocurrency space through increased ERC-20 network activity, potentially lowering Ethereum gas fees and enhancing overall liquidity within the DeFi sector.