Key Highlights
  • Upbit lists NMR with KRW and USDT trading pairs, opening October 6, 2026 at 20:45 KST
  • Both markets launch simultaneously — no phased rollout or deposit restrictions announced
  • NMR is the governance and staking token of the Numerai data science hedge fund platform

Upbit, one of South Korea’s largest cryptocurrency exchanges, announced on October 6, 2026 that it will open market support for Numeraire (NMR), the governance token of the Numerai hedge fund platform. The announcement was made via the official @Official_Upbit account on X, confirming the addition of two new NMR trading pairs to the exchange.

1) Asset and Timeframe
1) Asset and Timeframe | Source: @Official_Upbit (X)

Upbit will support NMR trading across two markets: NMR/KRW and NMR/USDT. Trading in both pairs is scheduled to open at 20:45 KST on October 6, 2026 — a time flagged by Upbit as an estimated start rather than a guaranteed timestamp. No deposit lockup period or trading restrictions were specified in the announcement.

The dual-market listing gives traders direct access to NMR exposure in both Korean Won and Tether. The KRW pair allows South Korean retail traders to buy and sell NMR without a stablecoin conversion step, while the USDT pair opens the asset to internationally oriented traders already operating in dollar-denominated markets on the platform.

Upbit regularly expands its token roster across both KRW and USDT markets simultaneously, a structure that maximizes liquidity depth from launch by attracting both local and offshore trading activity. The NMR listing follows this standard dual-market format and does not appear to involve any special trading conditions or phased rollout.

Numeraire is the native token of Numerai, a San Francisco-based hedge fund that uses a tournament model in which data scientists stake NMR to submit predictions. Full listing details are available through Upbit’s official announcement linked in the source below.

Source: x.com

Frequently Asked Questions

When exactly does NMR trading open on Upbit?

Upbit has scheduled NMR/KRW and NMR/USDT trading to open at 20:45 KST on October 6, 2026. Upbit designated this as an estimated time, meaning a minor delay is possible.

What is Numeraire (NMR) used for beyond trading?

NMR is the staking and governance token of the Numerai hedge fund. Data scientists stake NMR to submit prediction models in Numerai’s tournament; correct predictions earn NMR rewards while incorrect ones result in stake burns.

Does the Upbit NMR listing include leverage or futures products?

No. The Upbit announcement specifies spot market support only — KRW and USDT pairs. No leveraged or futures NMR products were announced as part of this listing.

Source: Upbit · Published by CoinsProbe Markets Desk

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