South Korea’s five largest centralized crypto exchanges — Upbit, Bithumb, Coinone, DigitalX and GOPAX — posted combined trading volume of about KRW 31.1 trillion during the week of Aug. 21 to Aug. 28, according to ChainCatcher. The figure, equal to more than $23 billion, was up 188.04% from KRW 10.8 trillion a week earlier. ChainCatcher said the total marked the highest level in nearly 10 months, the strongest weekly reading since late October 2025. Market share data showed Upbit remained the clear leader with 59.61%, while Bithumb ranked second at 33.11%. DigitalX, the exchange formerly known as Korbit, saw its share rise sharply by 3.477% to 4.21%. That move pushed it past Coinone, which stood at 3.05%, lifting DigitalX to third place among the five exchanges. ChainCatcher added that this was the platform’s highest market share in nearly 20 weeks.
South Korea’s five largest centralized crypto exchanges — Upbit, Bithumb, Coinone, DigitalX and GOPAX — recorded combined trading volume of about KRW 31.1 trillion during the week from Aug. 21 to Aug. 28, according to ChainCatcher.
That total, equivalent to more than $23 billion, surged 188.04% from KRW 10.8 trillion in the previous week. ChainCatcher said it was the highest weekly level since late October 2025, the strongest reading in nearly 10 months.
Market share ranking
By exchange market share, Upbit held the top spot with 59.61%, while Bithumb ranked second with 33.11%.
DigitalX, formerly Korbit, saw its market share climb 3.477% to 4.21%, overtaking Coinone at 3.05% to move into third place. It was also the platform’s highest market share in nearly 20 weeks.
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