South Korea’s Bithumb and Upbit Expand AI Token Offerings

Bithumb opened trading for Talus at 3 p.m. Korea Standard Time, setting a reference price of KRW37.85. The platform supports deposits exclusively through the Sui network. To manage initial volatility, the exchange implemented standard safeguards, including a five-minute block on buy orders and price-range restrictions on sell orders during the launch phase.

Upbit followed an hour later, listing Dolphin at 4 p.m. with pairs for the Korean won, Bitcoin, and USDT. Unlike Talus, Dolphin operates on the Base chain, with Upbit providing support for deposits and withdrawals via that network. The project, which focuses on distributed GPU inference for AI models, saw significant market activity following the announcement, reflecting a broader trend where South Korean listings frequently trigger sharp price fluctuations for smaller-cap tokens.

While both assets are categorized under the AI infrastructure umbrella, their technical frameworks differ. Talus utilizes the Nexus protocol on the Sui stack to facilitate onchain verification for offchain AI agent computations. Dolphin, conversely, creates a decentralized pool of computing resources, allowing GPU owners to rent out hardware for AI inference tasks. Both exchanges maintain strict liquidity controls, reserving the right to delay trading if necessary to ensure market stability.