New Trading Pairs Launch on South Korean Exchange
Bithumb, one of South Korea’s major cryptocurrency exchanges, has announced it will add two new digital assets to its KRW trading market. The exchange confirmed that Fluid (FLUID) and Cudis (CUDIS) will begin trading at 19:00 on Friday, September 26, 2025.
The starting price for FLUID is set at 7,895 Korean won, while CUDIS will debut at 111 KRW. The exchange specified that FLUID deposits will be supported via the Ethereum network, and CUDIS deposits will use the Solana network. Both assets will have their deposit and withdrawal services activated within two hours of the official announcement.
Trading Incentives and Conditions
From 7:00 PM on September 26th until 10:00 AM on September 29th, users can trade FLUID and CUDIS with zero commission fees. However, there’s a catch—any trading points or maker rewards earned during this promotional period won’t be valid. The exchange also noted that users who gain unfair advantages will be excluded from the promotion entirely.
This fee waiver period gives traders about two and a half days to execute transactions without commission costs, which might encourage initial trading volume for these new listings. But the exclusion of rewards during this window makes me wonder if it’s truly as beneficial as it first appears.
Understanding the New Assets
FLUID operates as an Ethereum-based liquidity layer protocol designed to allow different DeFi protocols to share a single liquidity pool. The project claims this approach increases capital efficiency while maintaining security through advanced liquidation mechanisms. Governance decisions for protocol updates are determined by votes from FLUID token holders, which is fairly standard for DeFi projects these days.
CUDIS takes a different approach, positioning itself as a global protocol focused on health data and longevity promotion. Through their smart ring device called CudisRing and accompanying mobile application, users can manage health data, gain longevity insights, and earn rewards by contributing data to the ecosystem. The health-tech angle is interesting, though I’m always cautious about projects that combine wearables with blockchain rewards.
Market Implications
With this dual listing, Bithumb is offering exposure to two quite different sectors within the crypto space—DeFi liquidity solutions and health technology applications. The timing seems strategic, perhaps aiming to capture interest from both traditional DeFi enthusiasts and those interested in practical blockchain applications beyond finance.
The Korean market has historically shown strong retail interest in altcoins, so these listings could generate significant trading volume initially. However, whether they maintain traction beyond the promotional period remains to be seen. The health data aspect of CUDIS might face regulatory scrutiny depending on how data collection and rewards are structured.
It’s worth noting that while the exchange promotes these as innovative projects, investors should always conduct their own research before trading new listings. The disclaimer at the end of the announcement serves as an important reminder that exchange listings don’t constitute investment recommendations.