South Korea's Top Five Crypto Exchanges See 188% Surge in Weekly Trading Volume

The combined weekly trading volume of South Korea's five major cryptocurrency exchanges—Upbit, Bithumb, Coinone, DigitalX, and Gopax—reached approximately 31.1 trillion KRW between August 21 and August 28. This represents a 188.04% increase from the previous week's 10.8 trillion KRW, marking the first time the volume has exceeded 30 trillion KRW in ten months. Upbit maintained its lead with a 59.61% market share, followed by Bithumb at 33.11%. DigitalX rose to third place with 4.21%, surpassing Coinone, which fell to 3.05%, while Gopax recorded 0.02%.