Cyber (CYBER) Surges 70% Following Upbit Listing

Cyber (CYBER) experienced a sharp price surge after Upbit, a major global digital asset exchange, announced its listing. The token’s value jumped by 70% shortly after trading began on August 12, 2025, reflecting strong market interest.

Upbit confirmed that CYBER would be added to its KRW and USDT markets, with trading subject to certain conditions. The exchange also advised users to carefully verify the network before depositing assets, as deposits through unsupported networks will not be accepted.

Deposit and Withdrawal Compliance Measures

Upbit set specific trading restrictions for CYBER following its launch. Buy orders were limited for about five minutes, while sell orders below 10% of the previous day’s closing price were also restricted during that period.

Additionally, only limit orders were allowed for approximately two hours after trading started to help stabilize the market. These measures aimed to maintain orderly trading and protect users from extreme price fluctuations.

Regarding deposits and withdrawals, Upbit supports CYBER only on the CYBER-Ethereum network. The exchange provided the contract address “0x14778860e937f509e651192a90589de711fb88a9” for users to verify before transferring tokens to avoid errors.

To ensure compliance with regulatory standards, Upbit reminded users that deposits from exchanges not on their approved list may face delays or refunds. This is due to the exchange’s adherence to the Travel Rule. The exchange also requires ownership verification for all personal wallet addresses involved in deposits and withdrawals.

Furthermore, large deposits of CYBER tokens from unknown sources may trigger requests for proof of the origin of funds. This policy reflects Upbit’s efforts to maintain secure transactions and meet regulatory requirements.

CYBER’s Technology and Trading Surge

CYBER aims to build a decentralized social network ecosystem using Web3 technology. It provides infrastructure such as the CyberConnect protocol for social graph data interaction and CyberDB, a decentralized storage solution for large social data.

Additionally, the project offers users simplified wallet access and tools for social decentralized applications (dApps). CYBER also supports payment of fees within its Cyber Account products and participation in on-chain governance.

Since its Upbit listing, CYBER’s trading volume has increased sharply. In the past 24 hours, the CYBER/KRW pair recorded a volume of over $316 million, highlighting strong demand in the Korean market.

Overall, the total 24-hour trading volume of CYBER across exchanges reached approximately $764 million. This represents a 1,699.50% increase compared to the previous day, indicating heightened market activity.

Upbit’s Support for CYBER

Other popular exchanges where CYBER is traded include Binance and Bybit. However, Upbit remains the most active platform for CYBER trading based on recent volume data.

This price and volume surge follows the market’s positive reaction to CYBER’s integration into Upbit’s trading ecosystem. It also reflects growing interest in Web3 projects that focus on decentralized social networks.

Moreover, Upbit’s listing of CYBER demonstrates the exchange’s ongoing efforts to support emerging Web3 projects. The platform’s strict compliance and trading measures aim to ensure a secure environment for new digital assets.

As CYBER continues to gain attention, its infrastructure and use cases in social dApps may influence its future development. Consequently, market participants will likely watch closely how the token performs post-listing.

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