Key Highlights
- Upbit is listing GRAM and eight other tokens in BTC and USDT markets on June 20.
- Trading will open with strict early rules to control volatility and manage order flow.
- GRAM, recently rebranded from Toncoin, fell about 2.95% despite the listing announcement.
South Korea’s crypto exchange Upbit announced today that it would list GRAM, the native token of The Open Network (TON), alongside eight other digital assets in its BTC and USDT markets.
The exchange is opening access to a wide range of tokens for Korean traders through a staged launch. Initially expected to begin trading today at 18:00 KST (09:00 UTC), Upbit said the assets will go live on June 20, at 10:00 KST (01:00 UTC), marking its first major exchange appearance after its recent rebrand from Toncoin.
However, the asset did not react positively to the announcement, with its price falling about 2.95% to $1.60, according to CoinMarketCap.
Eight other tokens join the market
Alongside GRAM, Upbit also announced listings for PEAQ, LIT (Litentry), KMNO (Kamino Finance), MORPHO (Morpho), LDO (Lido DAO), PAXG (Pax Gold), OSMO (Osmosis), and AMP. The tokens cover different segments of the crypto market, including decentralized finance, staking, infrastructure, identity systems, payments, and tokenized real-world assets.
Early trading rules to control volatility
Upbit also placed safety rules during early trading hours. For the first few minutes, buy orders will be restricted. Sell orders that are too far below normal price levels will also be blocked. For a short period, only limit orders will be allowed.
These steps are meant to prevent sudden spikes or crashes when trading first begins. Users also have to send deposits using supported blockchain networks only, or risk delays and lost funds.
Most of the tokens will be listed against BTC and USDT, meaning traders will use Bitcoin or stablecoin pairs instead of the Korean won. AMP will be the only exception, trading only against USDT.
GRAM rebrand draws attention
The listing comes a week after GRAM rebranded from TON, making this its first large-scale trading exposure under the new identity. At the time, the proposal for the change received 81.22% support from the community, and the change took effect at 12:00 UTC on June 15, 2026.
The listing added visibility to the token in one of Asia’s most active retail trading environments, where Upbit often plays a key role in price discovery.
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