ChainCatcher report: During the week of August 21–28, the total trading volume of South Korea’s five major crypto CEXs—Upbit, Bithumb, Coinone, DigitalX, and GOPAX—reached approximately KRW 31.1 trillion (around $23 billion USD), a record 188.04% week-over-week increase from KRW 10.8 trillion the previous week, marking the highest level in nearly 10 months since late October 2025. In terms of market share, Upbit maintained its lead with 59.61%, followed by Bithumb at 33.11%. DigitalX (formerly Korbit) saw its market share surge by 3.477% to 4.21%, surpassing Coinone (3.05%) to claim third place, achieving its highest market share in nearly 20 weeks.
South Korea's Top 5 CEXs Weekly Trading Volume Surges 188.04% to $23B
ChaincatcherShare
Summary
South Korea’s top CEXs recorded a weekly trading volume of $23 billion for the week of August 21–28, 2026, an 188.04% increase from the previous week. The top five exchanges—Upbit, Bithumb, Coinone, DigitalX, and GOPAX—achieved their highest combined volume in nearly 10 months. Upbit led with 59.61%, followed by Bithumb at 33.11%. DigitalX’s share rose to 4.21%, its highest in 20 weeks, surpassing Coinone. Top altcoins experienced increased trading activity amid the surge.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.