South Korean Crypto Exchange Trading Volume Surges 188% in One Week

The total trading volume across South Korea's five major centralized exchanges—Upbit, Bithumb, Coinone, DigitalX, and GOPAX—reached approximately 31.1 trillion KRW (about 23 billion USD) between August 21 and 28. This represents a 188.04% increase from the previous week's 10.8 trillion KRW, marking the highest level in ten months since late October 2025. Upbit maintained its lead with a 59.61% market share, followed by Bithumb at 33.11%. DigitalX (formerly Korbit) saw its market share rise to 4.21%, surpassing Coinone to take third place.