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>>South Korea’s crypto trading volume crashes, creating a troubling paradox even with fresh listings

South Korea’s crypto trading volume crashes, creating a troubling paradox even with fresh listings

crypthub

about 6 hours ago

Surge in Listings

South Korean exchanges listed 378 new coins in 2025, up 141% from last year. Bithumb added 128, Coinone 126, Upbit 80, Korbit 31 and Gopax 13. The surge suggests a vibrant supply side and hopes for more liquidity.

Sharp Volume Drop

Trading volume dropped to 4.96 trillion won ($3.67 bn) on Oct 30, a 60.6% fall from 12.60 trillion won ($9.33 bn) ten days earlier. Factors include a bearish market, regulatory uncertainty, investor fatigue and thin liquidity. The decline shows waning confidence despite many new listings.

Implications for Stakeholders

Exchanges see lower fees while projects get little trading activity. Investors should focus on asset quality and liquidity, not just listing numbers. The next months will reveal if this is a short‑term glitch or a deeper shift.