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Crypto Prune > Exchange > Bithumb debut will raise Euler (EUL) price 44% in Defi Boom
Exchange

Bithumb debut will raise Euler (EUL) price 44% in Defi Boom

6 months ago 3 Min Read

Bithumb, South Korea’s second largest cryptocurrency exchange, today announced that it will list Euler (EUL) on its in-spot trading platform.

The announcement is as the Euler Network continues to gain traction in the distributed finance (DEFI) space, attracting attention from major exchanges, achieving record levels of total value lock (TVL).

Bithumb list triggers double digit meetings in the EUL

Euler is a distributed finance (DEFI) protocol on Ethereum (ETH) networks that allow users to rent, borrow and trade crypto assets. Its governance token, Eul, is used for voting and ecosystem incentives.

According to an announcement on Bithumb’s official website, the EUL can compete against South Korea’s Won (KRW). The exchange has notified users that the transaction will begin at standard time in Korea (KST) from 5pm.

Exchange has confirmed that EUL is only supported on Ethereum Network. The reference price for the list is set at 12,930 krw.

“In accordance with travel rules, deposits and withdrawals are supported only through Bitham-supported Virtual Asset Service Provider (VASP) exchanges. If assets are deposited through exchanges that are not included in the list of supported external exchanges, the deposit will not be processed and it may take a long time to return the outstanding deposits.

Euler’s list adds another Altcoin option to Korean investors when domestic exchanges are competing to offer. Meanwhile, as observed in many Altcoins, Eul’s prices rose after the announcement.

Market data showed prices skyrocketing nearly 44% from $9.6 to $13.8. As of reporting time, it is stable at $12.7, reflecting a 31.55% increase.

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Performance at Euler (EUL) prices. Source: TradingView

Price Pump also placed Eul as the top gainer among Coingecko’s top 300 cryptocurrencies. Furthermore, trading volumes rose 251% to $8.5 million. HTX was a major part of this activity.

The list is another EUL milestone and almost a month after Coinbase, a US-based exchange, has also added trading support for Altcoin.

In addition to the prices, the network itself has grown significantly. Defilama data revealed that Euler’s TVL has reached a new all-time high (ATH) of $1.52 billion today. This represents an almost 15-fold increase since the beginning of 2025.

The EUL total value is locked. Source: Defilama

Financial metrics further emphasize Euler’s momentum. Token device data shows protocol revenue and fees increased by over 500% in 2025, indicating strong user adoption. With strong network growth, rising financial metrics and increased exchange support, Eul continues to attract attention as one of the most dynamic Altcoins of 2025.

Bithumb’s debut will raise the price of Euler (Eul) by 44%, with Defi Boom’s first appearance on Beincrypto.

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