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Exchange Announcement

[Upbit] KernelDAO (KERNEL) New Trading Support Notice (BTC, USDT Markets) (Upbit ATH Event Notice)

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  • Upbit announced the new listing of KernelDAO (KERNEL) in the BTC and USDT markets.
  • During the event period, there will be an 84% fee discount in the USDT market and a total prize of 1 BTC in the maker execution ranking competition.
  • KernelDAO is a restaking infrastructure project, so please review project materials thoroughly and be mindful of volatility before investing.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

Update Date: 2025-05-23 13:30

Hello. This is Upbit, the world's most trusted global standard digital asset exchange.

To commemorate Bitcoin (BTC) reaching its all-time high price, we are offering an 84% trading fee discount in the USDT market + a total prize of 1 BTC in the Maker Execution Ranking competition.

*KernelDAO (KERNEL), newly supported for trading today, will also be available in the USDT market, and is included in the scope of this event's fee discount and maker execution ranking.

[Upbit ATH Event] USDT Market Fee 84% Discount + Total Prize 1 BTC in Maker Execution Ranking!

• USDT market trading fee 84% discount (0.04%) applied!

• Aim for the total prize of 1 BTC and try to be in the Top 3 of the maker execution ranking.

• Event period: From May 23 (Fri) 14:00:00 to June 5 (Thu) 23:59:59

For further details on each event, please refer to the notice below. - Reference: [Upbit ATH Event] USDT Market Fee 84% Discount + Total Prize 1 BTC in Maker Execution Ranking! We look forward to your active participation. Thank you. --- Hello. This is Upbit, the world's most trusted global standard digital asset exchange. Details regarding new digital asset trading support are as follows.

| Digital Asset | Market | Network | Deposit/Withdrawal Start Time | Trading Support Start Time |

|--------------|-----------|----------|---------------------|---------------|

| KernelDAO (KERNEL) | BTC, USDT | Ethereum | Within 2 hours from notice posting | Scheduled for May 23, 15:00 |

  • Please be sure to check the network before making digital asset deposits. Deposits and withdrawals via networks other than those specified will not be supported. ### ※ Trading Restrictions Trading restriction prices are determined based on prices provided by CoinMarketCap. - Buy restriction: Buy orders will be restricted for about 5 minutes after trading support begins. - Minimum sell restriction: For about 5 minutes after trading support begins, sell orders at prices 10% or more below the previous day's closing price will be restricted. - Order type restriction: For about 2 hours after trading support begins, all order types except limit orders will be restricted. - Please check the table below for the previous day's closing price and recent price.

| Digital Asset | Previous Closing Price | Recent Price (as of May 23, 11:30) |

| KERNEL | 0.00000152 BTC | 0.00000154 BTC |

| KERNEL |

| KERNEL |

|-------------|----------------|---------------------------|

| 0.1688 USDT | 0.1723 USDT |

※ Note on Deposits Deposits that cannot be reflected may take a long time to be returned, so please check the notes carefully - Deposits and withdrawals are only supported via the specified network (KERNEL-Ethereum). Please be sure to check the network before making a deposit. - The contract address for KERNEL trading supported by Upbit is 0x3f80b1c54ae920be41a77f8b902259d48cf24ccf. Please check the contract address when depositing or withdrawing KERNEL. - To comply with the Travel Rule, if assets are deposited into Upbit through exchanges not included in the List of Virtual Asset Service Providers Available for Deposits/Withdrawals, they will not be credited and returns may take a long time. - Deposits and withdrawals are only possible from personal wallet addresses for which 'ownership verification' has been completed. Even for deposits from linked personal wallets, the deposit may need to be returned depending on the network of the asset. - If a large amount of digital asset is deposited with an unclear source, a proof of the source of funds may be requested. (Terms of Use Article 17, Paragraph 8) ### ※ Additional Digital Asset ~~KERNEL (KernelDAO)~~ > KernelDAO is a project providing restaking infrastructure, offering three services: Kernel, Kelp, and Gain. Kernel is a protocol that provides restaking services on BNB Chain, offering BNB LRT (Liquid Restaking Token) and BTC LRT restaking opportunities. Kelp is an Ethereum restaking protocol that offers services on the Ethereum Chain. Gain is a vault-type smart contract that manages deposited ETH, rsETH, and LST. KERNEL is used for governance, restaking, slashing insurance, and other purposes. > Homepage: KernelDAO Official Website > X (formerly Twitter): KernelDAO Official X > Whitepaper: KernelDAO Official Whitepaper ✽ If this digital asset does not appear on PC, please refresh (F5) and check again. ✽ If this digital asset does not appear on the Upbit App, please tap More > Display Settings > Refresh Coin Info and check again.

Investment Risk Notice

• Investments in digital assets can be exposed to rapid price fluctuations due to speculative demand and changes in domestic and international regulatory environments. The responsibility for investment decisions in these digital assets lies with you, and any resulting losses will also belong to the investor. Please carefully refer to the project's website and disclosure materials to fully understand the characteristics of each digital asset and exercise caution in your trading decisions.

• Due to the characteristics of digital asset trading, there are continuous price differences between domestic and global exchanges. Please be sure to check for any price differences with global exchanges before investing in digital assets.

• Upbit takes various measures such as limiting minimum order amounts to create a stable trading environment; however, depending on overheated market conditions, some members may receive order stabilization messages. This is due to processing orders placed earlier and is an unavoidable measure for stable service, so please take note of this.

※ Virtual assets are high-risk products that may result in a total or partial loss of your investment.



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