South Korea’s main cryptocurrency exchanges, Bithumb and Upbit, have introduced they may record $SLX, the native token of the Solana-based monetary protocol Solstice, on their platforms.
Based on the bulletins, $SLX shall be accessible to customers on each Bithumb’s Korean Gained (KRW) market and Upbit’s KRW, $BTC, and $USDT buying and selling pairs.
Bithumb introduced that deposits and withdrawals for $SLX will open inside two hours of the announcement’s publication. The official launch date is June 1, 2026, at 11:00 AM Turkish time.
The change set the preliminary reference value at 277 received and emphasised that solely transfers made via the Solana community can be supported.
Upbit introduced it should record $SLX on KRW, $BTC, and $USDT markets. The change said that deposits and withdrawals shall be lively inside 90 minutes of the announcement, with buying and selling scheduled to start on June 1st at 2 PM. Based on Upbit knowledge, the present value of $SLX is 283.52 received, whereas yesterday’s closing value was 277.9 received.
Solstice stands out as a monetary protocol developed on the Solana blockchain, bringing institutional-level delta-neutral funding methods to the blockchain. The platform’s core property embrace $USX and eUSX.
Customers can get hold of eUSX by depositing $USX into yield vaults, and the protocol goals to generate income via strategies comparable to funding charge arbitrage, hedged staking methods, and tokenized US Treasury bonds.
The venture’s native token, $SLX, shall be used for staking, participation in governance processes, protocol entry, and enabling varied community features. Each Bithumb and Upbit additionally reminded customers that, as with new listings, non permanent buying and selling restrictions shall be utilized to purchase, promote, and order varieties within the preliminary minutes.
Analysts say the simultaneous itemizing on South Korea’s two main exchanges might improve $SLX’s visibility and liquidity.
*This isn’t funding recommendation.
