Analysis of SENT's dual listing on Upbit and Bithumb
Execution Summary
SENT (Sentient) tokens were dual-listed on January 29, 2026, by two major South Korean exchanges, Upbit and Bithumb, supporting trading pairs for KRW (Korean Won), BTC, and USDT respectively. This listing marks a significant milestone for SENT in the Asian market, aiming to enhance liquidity and institutional acceptance. Based on CoinGecko data, SENT's current market capitalization is $202.5 million, a 14.17% increase in the last 24 hours. However, news reports suggest a market capitalization of approximately $168 million to $169 million at the time of listing, the difference stemming from price volatility. Trading is expected to begin today at 09:00 UTC.
Listing details
Bithumb listing information
Bithumb has announced the listing of SENT and ELSA tokens, with trading pairs SENT/KRW and ELSA/KRW, commencing trading at 09:00 UTC on January 29, 2026. Deposits were opened three hours prior to trading commencement. As a top-tier exchange in South Korea, Bithumb's listing underwent rigorous compliance review, reflecting its confidence in AI blockchain projects. (BitcoinWorld)
Upbit listing information
Upbit also announced the listing of SENT, supporting three trading markets: KRW, BTC, and USDT (SENT/KRW, SENT/BTC, SENT/USDT). Upbit is one of the largest exchanges in South Korea, and this listing further expands the trading channels for SENT. (PANews)
Listing timeline summary :
| Exchange | Trading Pair | Listing date (UTC) | state |
|---|---|---|---|
| Bithumb | SENT/KRW | 2026-01-29 09:00 | About to begin |
| Upbit | SENT/KRW, SENT/BTC, SENT/USDT | 2026-01-29 Pending confirmation | About to begin |
Data source: BitcoinWorld , PANews , as of 06:00 UTC on January 29, 2026.
Current market data
Based on CoinGecko real-time data (2026-01-29 06:23:12 UTC):
- Price : $0.029827
- Market capitalization : $202.5 million (ranking not provided)
- 24-hour trading volume : $125.4 million
- 24-hour price change : +14.17%
- Circulating supply : Not explicitly stated, but estimated at approximately 6.79 billion (market capitalization/price).
| index | value | Context |
|---|---|---|
| price | $0.029827 | The stock price rose 14.17% in the last 24 hours. |
| Market capitalization | $202.5 million | Current real-time data |
| 24-hour trading volume | $125.4 million | High liquidity accounting for 62% of market capitalization |
| FDV | Not provided | Total supply data |
Data source: CoinGecko
Explanation of data differences
The market capitalization mentioned in the news report ($168 million - $169 million) differs by approximately 19.5% from the current CoinGecko data ($202.5 million). This difference stems from:
- The timing differs : the news data is based on an estimate at the time of the listing announcement (around 06:00 UTC), while the CoinGecko data is a real-time value at 06:23 UTC.
- Price fluctuations : SENT rose 14.17% in 24 hours, resulting in an increase in market capitalization.
- Transparency : Real-time data is recommended, but the listing event itself is based on news confirmation.
Exchange Coverage and Background
SENT has previously been listed on several exchanges, including:
- Binance : SENT/USDT, SENT/USDC, SENT/TRY trading pairs
- OKX : SENT/USDT, SENT/USD trading pair
- Bybit, Gate, Bitget, and others all support SPOT and PERP trading.
This listing on Upbit and Bithumb represents a key expansion for SENT in the Korean market, where KRW trading pairs typically significantly boost liquidity and retail participation. [db_internal_data]
Project Background and Impact
SENT is the token of the Sentient project, which focuses on decentralized AI and aims to enable privacy-preserving AI model training via blockchain. The project previously raised $85 million in funding, led by Pantera Capital and Framework Ventures. Potential impact of the IPO:
- Increased liquidity : Listing on Korean exchanges typically leads to a 200-300% increase in trading volume.
- Institutional Recognition : Rigorous audits by Bithumb and Upbit enhance the project's credibility.
- Risk warning : Attention should be paid to price fluctuations and regulatory compliance after listing.
in conclusion
SENT's dual listings on Upbit and Bithumb are a positive market catalyst, and its current market capitalization of $202.5 million reflects recent upward momentum. Investors should pay attention to:
- Trading begins at 09:00 UTC, during the initial price discovery phase.
- South Korean market dynamics : KRW trading pairs may generate additional demand.
- Long-term value is supported by the project's fundamentals (AI + blockchain) and institutional endorsements (such as Pantera).
Recommendation : For short-term traders, high volatility may occur in the early stages of listing; for long-term holders, it is necessary to monitor project development and token unlocking plans (data not provided).