South Korean Crypto CEX Trading Volume Surged 188.04% WoW

BlockBeats News, August 29th, during the week of August 21st to 28th, the total trading volume of South Korea's top five crypto CEXs (Upbit, Bithumb, Coinone, DigitalX, GOPAX) reached approximately 31.1 trillion South Korean Won (about $23 billion), a staggering 188.04% increase from the previous week's 10.8 trillion South Korean Won, marking the highest level in nearly 10 months since late October 2025.

In terms of market share among exchanges, Upbit maintained the first position with 59.61%, Bithumb ranked second with 33.11%; the rebranded DigitalX (formerly Korbit) saw a significant increase in market share to 4.21% from 0.733%, surpassing Coinone (3.05%) to claim the third spot, achieving the highest market share in nearly 20 weeks for the platform.