Upbit, South Korea's largest cryptocurrency exchange, launched a TRUST token quiz event on November 4, 2025, to commemorate the listing of the Intuition protocol’s token. This initiative is designed to educate traders about the protocol and offer token rewards, thereby boosting TRUST token's exposure in the Korean market, enhancing liquidity, and fostering user engagement. The event also showcases Upbit's commitment to innovative trading education.
Intuition Protocol Founders Encourage Participation
The founders of Intuition Protocol, under the leadership of Christopher Goes, are actively encouraging participants to study and engage with the quiz event. The primary objective is to expand awareness and participation within the Korean cryptocurrency market.
Quiz Event Drives TRUST Token Transfers and TVL Growth
The quiz event has significantly spurred TRUST token transfers, with on-chain data indicating over 20,000 distributions. Following the event, there has been a notable 17% increase in TRUST's Total Value Locked (TVL), as reported by DeBank. Community feedback regarding the event has been overwhelmingly positive.
The financial and technological impacts observed from this event are consistent with previous Upbit campaigns. Such promotional activities typically lead to short-term spikes in market activity and enhanced community involvement. Regulatory bodies are monitoring these developments but have not raised specific concerns.
TRUST Token Market Dynamics Align with Historical Trends
The current dynamics of the TRUST token are comparable to historical trends seen during Upbit's past listing events, such as the LINE Blockchain (LINK) listing, which also experienced a temporary surge in both price and user engagement. Similar patterns are anticipated for TRUST token, suggesting potential for short-lived market volatility.
Arthur Hayes has previously noted the increasing prevalence of exchange-driven educational campaigns within the crypto space, although he has not made specific comments regarding the TRUST token. Analysts suggest that while these promotions can effectively stimulate initial interest, their impact often diminishes as market participants become more familiar with the token and short-term traders exit positions.
We're thrilled to see TRUST tokens expand into the Korean market with Upbit. Education and engagement are at the heart of our mission, and this event is a great demonstration.
— Christopher Goes, Founder, Intuition Protocol