Filecoin’s FIL token spiked by 30% after South Korean exchange Upbit started listing FIL trading pairs. The token rose to as high as $3.49 from $2.71 on Coinbase and was recently trading around $3.00. Daily trading volume increased by 68% to $303 million, according to CoinMarketCap. Upbit said in a tweet that the FIL/KRW trading pair went live at 07:30 UTC. Tokens listed on South Korean exchanges often trade at a premium because strict financial controls in Korea means that it is difficult for capital to flow in and out of the country, leading to a lack of arbitrage opportunities. Source: https://www.coindesk.com/business/2025/04/04/filecoin-s-fil-spikes-30-as-south-korean-exchange-upbit-lists-the-token