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Upbit Returns With WET Listing, Token Rallies Over 50%

Upbit Returns With WET Listing, Token Rallies Over 50%

byHarsh Chauhan
December 15, 2025
in Cryptocurrency Exchange News

Key Highlights:

  • Upbit resumes listing tokens after a 18-days hiatus.
  • Upbit listed HumidiFi’s WET token today, December 15, 2025.
  • As soon as the announcement was made, the price of the token surged over 50%.

Upbit, a well-known South Korean exchange, had not added any new cryptocurrencies for nearly the past three weeks. This pause made people worry that something was wrong. Today, December 15, 2025, by listing a new token called HumidiFi (WET), Upbit is indicating that it is getting back to business as usual.

The pause happened after security issues and closer checks by regulators, so the silence raised concerns among traders. This new listing suggests that those problems are easing, and the exchange feels confident enough to resume onboarding new projects again.

Background: Theft Incident Halts Upbit’s Listing Activity

Upbit was hacked on November 27, which triggered a serious investigation by South Korea’s financial regulator. Officials physically visited the exchange, and during this period, Upbit stopped announcing or listing any new cryptocurrencies altogether.

This pause lasted for a good 18 days, which was unusual because the exchange normally adds new tokens frequently. Since most of South Korea’s crypto trading takes place on Upbit, the silence made traders and crypto projects nervous.

What regulators usually look at is, how big the breach was and if the exchange’s security systems were strong enough or not. This indicates how closely crypto exchanges are being monitored in South Korea. The incident also showed that even centralized exchanges can also be vulnerable, which also includes the big names.

Today’s Announcement: HumidiFi (WET) Goes Live on Upbit

The exchange officially broke its silence on December 15 at 6:30 Pm (KST) by announcing listing of HumidiFi’s token, WET. With this listing, traders will be able to buy and sell WET using Korean won (KRW), Bitcoin (BTC) and USDT.

HumidiFi is built on the Solana blockchain and its main aim is to focus on making crypto trades smoother and more efficient. Its goal is to reduce common DeFi problems like price slippage and scattered liquidity. It does this by smartly routing trades, protecting users from unfair MEV-related price manipulation, and working smoothly with popular Solana-based platforms such as Jupiter and Raydium.

Upbit also confirmed that WET deposits had been opened ahead of the listing, and withdrawals expected soon after trading begans.

As soon as this listing announcement was made, WET’s price surged by more than 50%. This surge indicates a strong excitement within the traders. However, such moves are common when a token gets listed on Upbit, given the exchange’s massive influence in South Korea’s crypto market and the sudden access it gives to a large pool of buyers.

At press time, the price of the token stands at $0.2923 with a surge of 53.85% in the last 24 hours as per CoinMarketCap.

WET 24-hours chart
WET 24-hours chart

The listing is a big recovery moment for Upbit. After weeks of silence and scrutiny, adding a new token helps rebuild trust and shows that the exchange is getting back on track.

This is also an indication that more listings could follow, especially from popular ecosystems like Solana.

For HumidiFi, the impact has been huge. The listing announcement itself made a great difference. This listing on Upbit puts the project in front of millions of Korean traders, which boosts credibility, liquidity and future partnerships.

As more money flows into Solana-based projects, platforms that make trading faster and cheaper, like HumidiFi stand to benefit.

On a larger scale, this matters for South Korea’s massive crypto market as well. Even with tighter rules and oversight, major exchanges are proving they can recover and keep operating. Traders, however, should stay cautious, as price spikes after Upbit listings usually cool off within a day or two.

Overall, the move also solidifies South Korea’s position as one of Asia’s most influential crypto markets.

Also Read: Binance Freezes Only 17% of Upbit’s Stolen Funds Despite Korean Police Request

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Harsh Chauhan

Harsh Chauhan

Harsh is a seasoned crypto journalist and editor at NameCoinNews. With a wealth of experience across various industries, he has extensively covered Crypto, Blockchain, Web3, NFT, and AI. Holding a Blockchain Foundation certification, Harsh consistently delivers timely updates and incisive analyses, capturing the essence of the crypto industry.

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