From the announcement radar · live data
Listing pumps by exchange: Upbit vs Binance vs Bybit vs OKX
The numbers in this article are computed live from our record of exchange announcements and change as new events are priced. Latest event included: October 15, 2026.
“Exchange X lists coin Y, coin Y pumps” is the oldest catalyst in crypto. But the size of the move depends on the exchange, on whether the coin already traded somewhere else, and on how long you look. Averages make it look better than it is.
No predictions — just the record. Since Jul 2021 our radar has priced 1,004 coins named in spot listing announcements on Upbit, Binance, Bybit and OKX, at the moment of the notice and 1 hour, 24 hours and 7 days later, on the same market.
Two very different kinds of listing
Most listings are coins that already trade on another exchange: the announcement moves an existing price. Others are brand-new tokens whose first trade happens after the notice; for them the starting point is the first traded price, and the first hours of a new market are often extreme. Mixing the two produces a headline number that describes neither, so we keep them apart.
Coins already trading elsewhere
| Exchange | n | 1 h | 24 h | 7 d | Higher after 24 h |
|---|---|---|---|---|---|
| Upbit | 235 | +14.2% | +7.3% | +2.0% | 71% |
| Binance | 115 | +0.5% | +1.3% | -1.3% | 61% |
| Bybit | 227 | +0.6% | +1.9% | -0.1% | 54% |
| OKX | 152 | +0.6% | -0.3% | -6.1% | 47% |
Among coins that were already trading, the largest median 24-hour move followed Upbit announcements (+7.3%, n = 234). Look at the 1-hour and 7-day columns too: of the coins that were up after 24 hours, 69% were lower on day 7 than at hour 24 (n = 418).
Brand-new tokens
| Exchange | n | 1 h | 24 h | 7 d | Higher after 24 h |
|---|---|---|---|---|---|
| Upbit | 23 | +82.2% | +126.9% | +95.3% | 70% |
| Binance | 21 | 0.0% | +2.0% | +10.7% | 50% |
| Bybit | 175 | +153.2% | +130.4% | +102.3% | 88% |
| OKX | 56 | +130.1% | +112.2% | +99.7% | 75% |
For new tokens the numbers say more about how a fresh market opens than about the announcement: the first traded price can be far from where the price settles. Groups with few tokens are marked — don't read much into them.
Why we show medians, not averages
Listing returns are skewed: a few coins multiply, many drift. The table puts the median and the average 24-hour move side by side for every exchange (all listings). When the average sits far above the median, a handful of outliers is pulling it up — the typical coin did not do that.
| Exchange | n | Median, 24 h | Average, 24 h |
|---|---|---|---|
| Upbit | 257 | +7.5% | +36.1% |
| Binance | 134 | +1.3% | +19.2% |
| Bybit | 382 | +22.0% | +114.1% |
| OKX | 204 | +0.7% | +69.2% |
Takeaways
- The exchange matters, and so does the type of listing: compare like with like.
- Speed matters: the 1-hour column shows how much was priced in before most people had read the notice.
- For all listings combined at every horizon, see listing pumps by exchange; new listings appear on the announcements radar as they are published.
How this is measured
Every announcement from the exchange's public feed is stored with the coin's price on the same market (Binance or Bybit, spot first) at the moment it was published, then 1 hour, 24 hours and 7 days later. Brand-new tokens whose trading started after the announcement are left out of the medians: their first price is an opening auction, not a reaction to the news. One coin-event is one ticker in one announcement; moves beyond ±1000% are treated as bad data and left out, and groups of fewer than 5 coins show no median. Older announcements come from the exchanges' archives and are priced from historical candles.
Data and tools behind this article
How the price moved after past announcements doesn't predict the next one. Listing and delisting moves are fast and often reverse. Not financial advice. This article describes past events. It is not a trading signal or a promise of profit.