Upbit, the dominant cryptocurrency exchange in South Korea, is listing Derive’s native DRV token across three trading pairs: KRW, BTC, and USDT. The listing goes live on July 14, giving the on-chain derivatives protocol a significant gateway into one of Asia’s most active retail trading markets.
DRV currently trades at roughly $0.116 with a market capitalization hovering around $116 million. For a token that only landed on its first major centralized exchange less than two months ago, the Upbit addition represents a rapid escalation in accessibility.
From Coinbase to Korea’s biggest exchange
The Upbit listing follows DRV’s debut on Coinbase on May 27, which marked the token’s first centralized exchange appearance of any real significance.
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