South Korean exchange Upbit has listed Sanctum CLOUD$0.097+120.1%'s governance token, SANC, on its Korean won (KRW), bitcoin (BTC) and tether (USDT) markets. Upbit's listing notice supports deposits and withdrawals only over the Solana network, with trading set to open at 13:00 Korea time (04:00 UTC) on 13 November 2026.
SANC is the token many wallets and exchanges still show as CLOUD. Upbit's notice says the rename only changed the token's metadata: the mint address stayed the same, and there was no swap or new issuance. On Solana DEXs, SANC more than doubled in the hour Upbit announced the listing on X at 02:31 UTC, according to Solana Compass price data.
What Upbit's SANC listing covers: KRW, BTC and USDT markets on Solana
Upbit accepts SANC only over the Solana network, and says transfers on any other network are not supported. The contract address in the notice is the original CLOUD mint:
CLoUDKc4Ane7HeQcPpE3YHnznRxhMimJ4MyaUqyHFzAu
Upbit warned that some exchanges still list the token under its pre-rebrand symbol, CLOUD. It also said trading could start later than scheduled if deposits did not bring in enough liquidity. Deposits from exchanges missing from Upbit's travel-rule list are not credited, and personal wallets must pass Upbit's ownership check before they can send or receive.
The notice also sets launch limits for the opening window, with price bands taken from CoinMarketCap quotes:
- Buy orders are blocked for about five minutes after trading starts.
- For the same five minutes, sell orders priced more than 10% below the previous close are refused.
- For about two hours, only limit orders are accepted.
Sanctum confirmed the listing in an English post at 05:00 UTC, naming the same three markets, the Solana network and the 13:00 KST start. About two hours earlier, the team had quote-tweeted Upbit's announcement in Korean: "์ค๋์ ์ข์ ๋ ์ด์์!", or "Today is a good day."
How Upbit describes Sanctum and its liquid staking tokens
Upbit's notice calls Sanctum liquid staking infrastructure for Solana. Sanctum supports the issuance of liquid staking tokens (LSTs), validator operations and the liquidity that links them. An LST is a token that stands for staked SOL, so the holder keeps earning staking rewards while the token stays tradable.
The notice says Sanctum runs Staking-as-a-Service for partners that want their own LST and validator operations, and that its Infinity pool provides liquidity between LSTs. Our guide to Solana liquid staking explains the mechanics, and you can browse the pools behind Solana's liquid staking tokens on our data pages.
According to Upbit's notice, Sanctum's goal is to expand from staking and liquidity into collateral and leverage, becoming a "Prime Desk" for the Solana ecosystem. The notice describes SANC as the token Sanctum uses for decisions on its main operations and tokenomics.
From CLOUD to SANC: the rename and burn before the Upbit listing
The Upbit listing follows a two-month token overhaul. When Sanctum proposed it on 2 September, the team said the switch from CLOUD to SANC "makes the token findable by anyone who hears about Sanctum," and paired it with a burn of the 259 million tokens left in its Community Reserve. In the same post Sanctum described itself as the top Solana protocol by total value locked, with eleven straight quarters of growth and profits since 2025.
Sanctum's investor relations account said on 19 September that the governance vote had passed and total supply would fall from 1 billion to about 741 million. Sanctum announced the burn complete on 7 October, calling it 25% of total supply (our report on the burn).
Solana Compass token data puts SANC's supply at about 740.7 million, with no mint or freeze authority. That means no one can create new SANC or freeze a holder's balance. At $0.0965 at 07:22 UTC on 13 November, that supply gives SANC a market value of about $71.5 million, against roughly $32 million at the pre-notice price (our arithmetic), held across more than 78,900 holder accounts.
SANC price on Solana DEXs around the Upbit announcement
Our hourly price data shows SANC trading in a tight range around $0.0436 on Solana DEXs before the notice, in line with the 0.0438 USDT reference price Upbit printed in its notice. The hourly close jumped to about $0.098 in the hour of Upbit's announcement (02:00 to 03:00 UTC), and the next hour closed near $0.131, just as Upbit trading was due to open. Hourly closes then held between about $0.105 and $0.108 through 07:00 UTC.
SANC sat near $0.0436 through 12 November, then more than doubled in the hour of Upbit's 02:31 UTC announcement. The data covers on-chain Solana trades only.
View on Solana Compass โThe chart tracks on-chain Solana trades; Upbit's own order books are separate. Earlier this month, Upbit listed another Solana token, Collector Crypt's CARDS on the same three markets on 5 November.
