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ENSO Token Now Tradable in Korean Won on Major Exchange Bithumb

By

Shweta Chakrawarty

Shweta Chakrawarty

Bithumb, Korea's second-largest exchange, lists the multi-chain interoperability token ENSO for trading against the KRW.

ENSO Token Now Tradable in Korean Won on Major Exchange Bithumb

Quick Take

Summary is AI generated, newsroom reviewed.

  • ENSO-KRW trading launches on Bithumb on October 29 with an initial zero-fee promotion.

  • Enso Protocol is a Layer 1 network using an "Intent Engine" to simplify multi-chain transactions.

  • The listing strengthens ENSO's presence in South Korea, one of Asia's most active crypto markets.

  • Bithumb only supports ENSO deposits made via the Ethereum network.

South Korea’s second-largest crypto exchange, Bithumb, has officially listed the ENSO token for trading against the Korean Won. The new listing highlights the growing interest in multi-chain interoperability projects. That strengthens ENSO’s foothold in one of Asia’s most active crypto markets.

Bithumb Launches ENSO-KRW Market

Bithumb announced that ENSO trading will go live on October 29, at 5:00 PM (KST). The listing will be supported on the Ethereum network. The exchange will not accept deposits made through other blockchains. The exchange sets the base price for ENSO trading at 2,384 KRW per token. The deposits require 33 confirmations before the exchange credits them to user accounts.
 

To celebrate the launch, Bithumb is offering a zero-fee trading period for ENSO. This promotion runs from October 29 to October 31. This allows users to trade ENSO without paying transaction fees. However, Bithumb clarified that trades made during this period will not count toward trading points or premium membership rewards. The exchange also warned users against attempting to exploit the fee-free system. They stated that any unfair or policy violating activities would result in disqualification from the promotion.

What Is Enso Protocol?

Enso Protocol was launched in 2021. It is a decentralized Layer 1 network designed to simplify multi-chain smart contract interactions. It introduces an “Intent Engine.” This allows users to describe their desired outcome instead of performing complex transactions manually. For example, instead of executing multiple steps across different blockchains. Users simply state their intent and Enso handles the rest automatically.

The network uses standardized components called “Actions.” Specifically, these are reusable smart contract modules that can be combined into “Shortcuts” to carry out more complex tasks. Crucially, this modular system allows developers to connect and manage smart contracts from various ecosystems, including EVM, SVM, and MVM-based chains.

Enso’s design supports multiple roles within the network:

  • Consumers, who submit transaction intents.
  • Action Providers, who develop smart contract modules.
  • Graphers, who search and organize blockchain data.
  • Validators, who maintain the network’s integrity.

By offering a shared global state, which is a unified database of contracts across chains. Consequently, Enso aims to reduce fragmentation in Web3 and help users and developers navigate decentralized systems more easily.

Market Performance and Supply

As of October 29, the ENSO token holds a market capitalization of $42.56 million and trades at around $2.05 USD. Currently, the project has a circulating supply of 20.59 million tokens. However, the team plans to release a maximum supply of approximately 127.34 million gradually over a 10-year schedule.

The listing on Bithumb could provide new liquidity and visibility for ENSO, especially among Korean investors. South Korea remains one of the world’s most active crypto markets. With over 16 million residents holding exchange accounts on platforms like Upbit and Bithumb.

Growing Momentum for Blockchain Interoperability

The listing also reflects a growing demand for cross-chain integration tools. As blockchain ecosystems continue to expand. Consequently, interoperability projects like Enso are gaining attention for their ability to connect decentralized applications across multiple networks. For example, in early 2025, Enso partnered with USD1, a U.S. based stablecoin project. Thereby signaling its move toward compliance with global financial standards. 

Although Enso’s Korean user base is not publicly known. The Bithumb listing could mark an important step in its adoption in Asia. With strong local competition and a tech-savvy population. South Korea’s embrace of ENSO could further accelerate the global shift toward multi-chain DeFi solutions.

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