Trading volume on South Korean crypto CEXs surged 188.04% week-over-week over the past week.
56 minutes ago
South Korea’s five leading crypto centralised exchanges (CEXs) — Upbit, Bithumb, Coinone, DigitalX, and GOPAX — posted a total trading volume of around 31.1 trillion won (approximately $23 billion) in the week of August 21–28. This represented an 188.04% week-over-week surge from the prior week’s 10.8 trillion won, hitting the highest level in nearly 10 months since late October 2025. In terms of market share, Upbit retained the top spot with 59.61%, while Bithumb ranked second at 33.11%. The rebranded DigitalX (formerly Korbit) saw its market share rise sharply by 3.477 percentage points to 4.21%, surpassing Coinone (3.05%) to claim third place, notching the platform’s highest market share in nearly 20 weeks.
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