On August 12, 2025, leading South Korean cryptocurrency exchange Upbit officially announced the listing of CYBER (Cyber) in both its Korean Won (KRW) and Tether (USDT) trading markets, triggering a sharp spike in the token’s value.
Trading support for CYBER is set to begin at 5:00 PM KST via the Ethereum network, with deposits and withdrawals strictly limited to the specified contract address.
The announcement caused a strong market reaction, pushing CYBER’s price up by nearly 79% in the past 24 hours to $3.46, with a massive $278.8 million in trading volume recorded.
Over the past week, the token’s price has surged 120%, driving its market capitalization to approximately $154 million with a circulating supply of 45 million tokens.
Strict Listing Rules and Trading Restrictions on Launch
Upbit has implemented a series of trading safeguards to manage market volatility during CYBER’s debut.
Buy orders will be restricted for the first five minutes after trading begins, and sell orders priced less than 10% of the previous day’s closing price will also be prohibited during this period.
Furthermore, only limit orders will be accepted for the first two hours of trading.
The previous day’s closing price was recorded at 0.00001561 BTC (equivalent to 2,563 KRW or 1.853 USDT), which will serve as the reference point for price limits.
Upbit cautions that if liquidity levels fail to meet requirements, the launch could be delayed.
Deposit Rules and Travel Rule Compliance
In line with South Korea’s tightening cryptocurrency regulations, Upbit has outlined strict deposit and withdrawal protocols for CYBER.
Transactions will only be supported via the Ethereum network and the official CYBER contract address (0x14778…8a9).
Deposits from exchanges that are not registered as eligible virtual asset providers will not be reflected, and refunds for unrecognized deposits may take a significant amount of time.
Users depositing large amounts from unknown sources may be required to provide proof of funds, in accordance with Article 17, Section 8 of Upbit’s Terms of Use.
Only verified personal wallets can be used for transactions, adding another layer of compliance and security.
Also Read: KERNEL Token Price Surges By 28% Following Upbit’s Spot Trading Listing Announcement
Cyber’s Project Vision and Use Cases
Cyber works on building the decentralized social networking ecosystem by providing infrastructure tailored to Web3-based platforms across multiple blockchains.
Among its flagship offerings are the CyberConnect Protocol, which enables interaction with social graph data, and CyberDB, which is the decentralized storage of large amounts of social information.
The program also offers user-friendly wallet integrations to give developers ease in adding social features to decentralized apps.
CYBER tokens collaborate fully within the ecosystem, essentially used to pay for services given by Cyber Account and for on-chain governance, making this project utility-oriented in social blockchain.
Also Read: Upbit Announces Listing of PENGU Korean Won, BTC & USDT Trading Pairs, $PENGU Price Jumps By 23%
Upbit’s Track Record of Price-Boosting Listings
CYBER’s listing follows a series of recent Upbit announcements that have consistently triggered substantial market rallies for listed tokens.
On June 5, Ravencoin (RVN) saw its price surge over 90% following its KRW market debut, with trading volume reaching $73.1 million.
Also, on July 3, Solana-based MOODENG memecoin jumped nearly 50% after being listed across KRW, BTC, and USDT markets, recording over $365 million in trading volume.
More recently, on July 28, Optimism’s OP token rose 13% after Upbit listing, boosting daily trading volumes by over 200% to $340 million.
The track record reinforces the strong influence Upbit has on token valuations, and CYBER’s sharp rise appears to be the latest in this trend.
Also Read: Upbit Announces Celestia and io .net Listings as Token Prices Surge 13% & 22% Respectively