Aztec (AZTEC) experienced a dramatic 82% increase in value, reaching approximately $0.035, after being listed on South Korean exchanges Upbit and Bithumb. The listings, which included local currency pairs, spurred significant KRW-denominated buying in a market with limited trading activity. South Korea's active crypto trading environment, where Upbit often rivals Coinbase in daily spot turnover, played a crucial role in this surge. The introduction of KRW pairs allows for direct purchases by a large retail base, eliminating the need for USDT conversions and enhancing exposure for smaller-cap tokens like AZTEC. This phenomenon, known as the "kimchi premium," often results in a temporary price disparity between Korean and international markets. Aztec, an Ethereum-based privacy-focused layer 2 solution, saw its premium narrow slightly by the Asian evening session as arbitrage activities began to stabilize the market.