PANews, August 1: According to Nexblock, the total trading volume of South Korea’s five major exchanges—Upbit, Bithumb, Coinone, Korbit, and Gopax—amounted to $366.5846 billion in the first half of this year, a 54.6% year-over-year decline. From July 1 to 27, the cumulative trading volume of Korea’s top five exchanges also fell 16.9% compared to the same period last month, reaching approximately KRW 17.3424 trillion. During the same period, Upbit’s trading volume decreased by 10.0% to approximately KRW 11.6943 trillion, while its market share rose from 62.3% to 67.4%.
South Korea's Top 5 Crypto Exchanges Report 54.6% YoY Volume Drop to $366.58B in H1 2026
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Summary
South Korea’s top five crypto exchanges saw a 54.6% decline in trading volume to $366.58 billion in H1 2026, according to PANews. From July 1–27, combined volume fell 16.9% year-over-year to 17.3424 trillion KRW. Upbit’s trading volume dropped 10.0% to 11.6943 trillion KRW, but its market share increased to 67.4%. Analysts suggest the altcoins to watch may shift as market activity consolidates.
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