Upbit MPLX and NEX Listings Drive Volume Spikes in July 2026

South Korea's largest exchange Upbit lists the MPLX token and NEX token on BTC and USDT pairs in July 2026. Trading begins July 3 2026, two hours after

Hero: A digital visualization of a Korean cryptocurrency exchange dashboard displaying MPLX and NEX token charts with rising volume bars and Solana and Ethereum network icons

Summary

South Korea's largest exchange Upbit lists the MPLX token and NEX token on BTC and USDT pairs in July 2026.
Trading begins July 3 2026, two hours after deposit support opens, expanding access for Solana and Ethereum tokens.
Reports show conflicting dates across exchanges, with some sources citing July 2025 for related KRW listings.

Upbit listed the MPLX token and NEX token on July 3 2026. The exchange opened BTC and USDT pairs right away. Trading kicked off within hours after deposits started.

Volume spiked fast.

The move gives Korean retail users direct access to the Solana-based MPLX and the Ethereum-based NEX. Local flows drove the activity higher.

Context

Crypto exchange listings on major platforms like Upbit often produce rapid shifts in liquidity and visibility. This Upbit listing follows the pattern of other recent additions that draw concentrated attention in the Korean market.

Broader market recovery plays a role here as well. The total crypto market cap has climbed back above $2 trillion. That creates a setting where new listings can amplify activity without needing fresh capital inflows from outside the region.

Details

Upbit opened MPLX trading at 3:00 PM local time on July 3. It scheduled NEX trading for 6:00 PM the same day. Both tokens trade against BTC and USDT. MPLX runs on the Solana network while NEX uses Ethereum.

Bithumb separately announced KRW pairs for the same tokens on July 3 2025. Opening times staggered at 06:00 UTC for MPLX and 09:00 UTC for NEX. Source dates conflict between July 2025 and July 2026 across reports. At least one listing time for MPLX was later adjusted from 3:00 PM to 7:00 PM.

"Upbit lists Metaplex MPLX and Nexus NEX as South Korea's largest exchange adds two high-profile tokens to its platform in July 2026."

, CoinGabbar (Source)

These crypto exchange listings add direct on-ramps for the two tokens inside one of Asia's most active retail markets. The staggered rollout on Upbit and Bithumb concentrated trading interest on the same calendar window.

Reaction

Trading volumes rose quickly after deposits opened. The combination of BTC and USDT pairs gave users multiple entry points. It supported the initial price and volume response reported across Korean platforms.