Upbit adds GRVT trading pairs across three major markets

South Korean crypto exchange Upbit announced on Aug. 5 that it will list Grvt’s GRVT token against the Korean won, Bitcoin and Tether. Summary GRVT rose 23% before Upbit’s scheduled opening of three spot markets in South Korea Wednesday. Trading is scheduled for 17:00 KST across Korean won, Bitcoin, and Tether pairs on Wednesday. Upbit will support Ethereum deposits only, using the published GRVT contract address for verification purposes. Buy orders face five-minute restrictions, while only limit orders remain available initially for two hours. GRVT has a fixed one-billion supply, with 110 million tokens circulating, according to CoinGecko today. Trading is scheduled to begin at 17:00 Korea Standard Time. Deposits and withdrawals were expected to open through Ethereum within two hours of the notice. 신규 디지털 자산 그래비티토큰(GRVT) 거래지원 안내 ✅ 지원 마켓: KRW, BTC, USDT 마켓 📅 거래지원 개시 시점 : 2026-08-05 17:00 KST 예정 🔗공지 바로가기:https://t.co/yX9HpW006E#Upbit#GRVT@grvt_iopic.twitter.com/sDBtt5SwnL — Upbit Korea (@Official_Upbit) August 5, 2026 The new markets had not opened when this report was prepared. CoinGecko showed GRVT near $0.3235, up about 23.3% over 24 hours, with trading volume above $164 million. Because the token was already trading on other exchanges, the entire gain cannot be attributed to completed Upbit orders. You might also like: Upbit lists RLUSD in KRW, BTC and USDT markets Upbit gives GRVT access to three spot markets Upbit will open GRVT/KRW, GRVT/BTC and GRVT/USDT markets. The won pair gives South Korean customers a direct route into GRVT without first converting their funds into Bitcoin or a stablecoin. The exchange warned that the scheduled opening “may be delayed” if deposits do not provide enough liquidity. The exchange will accept transfers only through Ethereum. It published the contract address as 0xAD29F2723fcdBcF665F210F25E06f97477e417cF and warned that unsupported network deposits may require a lengthy return process. Upbit also stressed that Grvt Token, or GRVT, is different from Gravity, which trades under the ticker G. For its opening restrictions, Upbit cited a previous closing price of 374.05 won and 0.2622 USDT. It displayed more recent reference prices of 385.68 won and 0.2632 USDT at 13:30 KST. These were reference figures rather than guaranteed execution prices. GRVT price rises before the scheduled opening GRVT traded between approximately $0.259 and $0.338 over 24 hours. Its market capitalization stood near $37 million, based on an estimated circulating supply of 110 million tokens. CoinGecko placed its fully diluted valuation near $323 million, using the project’s one billion maximum supply. The token was already available on exchanges including OKX, Bitget, Bybit and Bithumb. Upbit’s addition therefore expands GRVT’s Korean market access and potential liquidity rather than marking its first centralized exchange listing. The announcement followed other recent Korean listings. Upbit opened HOME trading against the won and USDT on Aug. 4.