API3 Token Surges 54.83% After Upbit Listing and OKX Funding Rate Shift, Volume Tops $638M

API3USDT experienced a sharp price increase of 54.83% in the last 24 hours, rising from 0.870 to 1.347, primarily driven by its new listing on the Upbit exchange and a funding rate adjustment for API3USDT perpetual futures on OKX. These events led to a surge in trading activity and buying interest, with the 24-hour trading volume exceeding $638 million and the price reaching a high of $1.82 before consolidating near $1.35. The market capitalization is estimated between $115 million and $170 million, and the asset has shown heightened volatility compared to previous periods of lower trading volume and tighter price ranges.