PANews reported on May 13th that South Korean cryptocurrency exchange Upbit will launch Superform (UP2) spot trading on May 13th, 2026 at 20:30 (Korean time), offering trading pairs for KRW, BTC, and USDT, and supporting deposits and withdrawals on the Base network. The announcement indicates that UP2 is the governance token of the Superform ecosystem. Superform is positioned as a "user-owned Neobank," utilizing ERC-7579 modular smart accounts, a Hook execution engine, and SuperBundler technology to achieve one-click operations for cross-chain bridging, exchange, and yield aggregation, and supports stablecoin Gas abstract payments.

Upbit also noted that the UP2 symbol is "UP2" instead of "UP" to avoid confusion with previously delisted assets.