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<h3>Fireline Report</h3>
<p>Clearpool is an institutional unsecured credit DeFi platform. Following Upbit, CPOOL was listed on Bithumb again. With the Korean won trading pair open, short-term trading volume increased, approaching 0.22 USDT.</p>
<h3>Trading Guide</h3>
<p>Event-driven, pay attention to the 0.2 USDT integer level. If it falls back and fails, short-term sentiment will cool down. The sustainability of repurchases and trading depth will be the key to the follow-up.</p>
<p style="margin-top: 20px; text-align: left; opacity: 0.4; padding: 0 42px"><small>Updated at 10-23 05:32</small><br><small>AI-generated summary, not investment advice</small></p></div>

<h1>Clearpool (CPOOL) Buyback Reopening and Korean Market Breakout Analysis</h1><h2> TL;DR</h2><p> Clearpool announced the resumption of its token buyback program on October 21st, and was successfully listed on the Upbit exchange on October 22nd. These two positive factors drove CPOOL&#39;s price to surge over 80% in 24 hours, from $0.094 to $0.17. The protocol&#39;s TVL grew to $45.6M, with cumulative institutional lending exceeding $850 million. Access to the Korean market ushered in a new phase of growth for the project.</p><h2> Core Analysis</h2><h3> Buyback Program Reopening Details</h3><p> <strong>Program Mechanism and Funding</strong> : Clearpool officially announced the restart of its structured buyback program on October 21st, following a pause of several quarters due to product iterations. The new buyback will utilize accumulated revenue from Dynamic Pools, Clearpool Prime, Credit Vaults, and the USDX T-Pool. The program will be split 50/50: 50% will be used for token burns to reduce supply, and 50% will be allocated to the Rewards reserve pool for ecosystem liquidity and growth incentives.</p><p> <strong>Historical Performance Data</strong> : As of January 2025, the cumulative repurchase amount was approximately $553,000, and over 6.4 million CPOOL tokens had been destroyed. In Q3 2024 alone, $138,018 was invested to purchase 482,458 tokens, a 76% increase from Q2. The total supply remained unchanged at 1 billion, with a circulating supply of approximately 277 million. The repurchase and destruction mechanism effectively reduces the circulating supply.</p><h3> Upbit&#39;s launch and market reaction</h3><p> <strong>Launch Details</strong> : CPOOL officially launched trading on Upbit, South Korea&#39;s largest cryptocurrency exchange, at 07:30 UTC on October 22nd, supporting three trading pairs: CPOOL/KRW, CPOOL/USDT, and CPOOL/BTC. The launch of the Korean won (KRW) fiat currency pair provides a direct deposit channel for Korean users, significantly lowering the entry point for trading.</p><p> <strong>Price Performance</strong> : Following the launch announcement, CPOOL&#39;s price experienced explosive growth, soaring from a low of $0.094 to around $0.18 within 24 hours, an increase of over 80%. Trading volume surged to $16.4M, a 262% increase from the previous day. Subsequently, Bithumb Exchange also announced it would list CPOOL, further consolidating its position in the Korean market.</p><h3> Technical Analysis</h3><p> <strong>Multi-timeframe signals</strong> :</p><ul><li> <strong>1 hour</strong> : RSI 90.16 (very overbought), MACD histogram expanded to 0.0041, the price is 60% above the EMA (20)</li><li> <strong>4 hours</strong> : RSI 82.84 (overbought), price is 60% above EMA (20), ATR rises to 0.012 indicating increased volatility</li><li> <strong>Daily</strong> : RSI 68.49 (healthy bull market range), MACD shows a new bullish crossover, price breaks through the daily SMA (200) to confirm the multi-month consolidation breakout</li></ul><p> <strong>Key Price Levels</strong> :</p><table><thead><tr><th> type</th><th> Price</th><th> strength</th><th> Base</th></tr></thead><tbody><tr><td> support</td><td> $0.141</td><td> powerful</td><td> Daily SMA(200), breakthrough confirmation level</td></tr><tr><td> support</td><td> $0.116</td><td> middle</td><td> Daily EMA(20), dynamic support on pullback</td></tr><tr><td> resistance</td><td> $0.200</td><td> powerful</td><td> ATR extension forecast level, psychological integer level</td></tr></tbody></table><p> <strong>Derivatives data</strong> : Open interest surged 1662% to $2.01 million in 24 hours, mainly concentrated in Gate.io. The negative funding rate of -0.71% indicates that shorts are paying longs, which is bullish in the short term but there is leverage risk.</p><h3> On-chain protocol performance</h3><p> <strong>TVL growth trend</strong> : According to DeFiLlama data, Clearpool TVL has steadily increased from $23M in January to $45.6M in October, with a monthly increase of 28% in October. <reference tool_id="call_97475490" category="bar_tvl" project="Clearpool" description="Clearpool protocol TVL from 2025-01-06 to 2025-10-20"/></p><table><thead><tr><th> period</th><th> TVL (USD)</th><th> Monthly changes</th><th> Main driving factors</th></tr></thead><tbody><tr><td> January</td><td> $23M</td><td> Baseline</td><td> Stabilization after expansion in 2024</td></tr><tr><td> February-March</td><td> $28-29M</td><td> +20%</td><td> New RWA Vault Integration</td></tr><tr><td> September</td><td> $33-35M</td><td> +25%</td><td> PayFi Product Launch</td></tr><tr><td> October</td><td> $45.6M</td><td> +28%</td><td> USDX T-Pool Grows to $41M</td></tr></tbody></table><p> <strong>Institutional lending activity</strong> : Cumulative loans exceeded $850 million, generating over $10 million in real yield for lenders. Fintech Vault has partnered with Ola Labs, targeting a 15% annualized yield. Flare Network&#39;s USDX T-Pool reached $41 million in TVL and offers a 7% APR on stablecoins.</p><p> <strong>cpToken Performance</strong> : As a tokenized yield product, tokens such as cpUSD provide a 7-15% actual yield, with 75% of funds invested in PayFi credit and 25% in liquid stablecoins to ensure redemption stability.</p><h3> Social sentiment analysis</h3><p> <strong>Overall Sentiment</strong> : The community reacted extremely positively to the resumption of buybacks and the launch of Upbit, with approximately 85% of related Twitter discussions expressing bullish sentiment. Key narratives revolved around the growth of the RWA (real-world asset) sector, revenue-driven deflationary mechanisms, and market access opportunities in South Korea.</p><p> <strong>Korean Community Reactions</strong> : Korean crypto media highlighted Upbit&#39;s listing as a milestone in its penetration into the CPOOL region. The launch of the KRW trading pair is expected to attract local capital inflows, and Bithumb&#39;s subsequent listing further solidifies its position in the Korean market.</p><p> <strong>Influencer’s perspective</strong> :</p><ul><li> Coinesper lists CPOOL as a quality buy, praising its RWA focus, low market capitalization relative to utility, and timely buyback support.</li><li> Altcoin Buzz highlights revenue funding and quarterly execution as bullish signals for the token’s sustainability.</li></ul><h2> in conclusion</h2><p> Clearpool has demonstrated strong fundamental growth momentum with the relaunch of its buyback program and its successful entry into the Korean market. Its cumulative lending of $850 million, $45.6 million in TVL, and real yield mechanism demonstrate its leadership in the RWA/DeFi convergence space. While technicals suggest short-term overbought conditions, bullish alignment across multiple timeframes supports a medium- to long-term uptrend. Korean market entry ushers in a new phase of growth for the project, and the KRW trading pair is expected to drive significant liquidity and user growth.</p>
