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Upbit, one of South Korea's leading digital asset exchanges, announced new transaction support for the Caldera (ERA) token running on the Ethereum network.
Upbit's Triple Market Support for Caldera (ERA): KRW, BTC, and USDT Trading Pairs Open
ERA will be available for trading on KRW (Korean won), BTC and USDT trading pairs starting at 00:30 on July 18, 2025.
Caldera (ERA) Begins Operations with Three Different Markets
- Supported markets: KRW, BTC, USDT
- Supported network: Ethereum
- Transaction start: July 18, 2025, 00:30
- In-network transactions for ERA: Only Ethereum network is supported
- Contract address: 0xE2AD0BF751834f2fbdC62A41014f84d67cA1de2A
The stock exchange warned that the start of trading may be postponed if minimum liquidity cannot be provided before the first transactions.
Temporary Transaction Restrictions
- Buy orders will be restricted during the first 5 minutes.
- Specific limitations for the lowest selling price will be announced in advance.
- For the first 2 hours, only limit orders will be supported.
Emphasis on Security and Compliance
Upbit stated that it will only accept ERA transfers from authorized crypto service providers under its “Travel Rule.” This includes:
- Transfers from unsupported exchanges will be considered invalid.
- Transfers from personal wallets must be “wallet ownership verified”.
- For high-value transactions, a source document may be requested.
- Transfers made from the wrong network will be refunded, but significant delays may occur.
What is Caldera (ERA)?
Caldera is a “Rollup-as-a-Service” platform that offers custom Rollup infrastructures for Web3 projects. Caldera enables projects to develop customized Layer-2 solutions and also stands out with its Metalayer protocol, which enables communication and interoperability between different Ethereum rollups.
Upbit highlighted the high volatility of digital assets, emphasizing that investors should act responsibly. It also warned that price differences with global exchanges and sudden liquidity fluctuations are possible.
The launch of Caldera (ERA) on Upbit is being interpreted as a demonstration of the platform's commitment to global rollup infrastructure trends. Investors are advised to pursue technical monitoring and careful analysis, as well as short-term trading opportunities.
*This is not investment advice.