Upbit, South Korea’s leading cryptocurrency exchange, recorded $20.96 billion in 24-hour trading volume, demonstrating substantial market liquidity. The XRP/KRW trading pair emerged as the dominant force, accounting for 15.96% of the exchange’s total trading activity.
Other significant trading pairs maintaining strong presence include Bitcoin (BTC), Ethereum (ETH), MOVE, and AERGO. Upbit continues to serve as a critical hub for high-frequency trading and liquidity provision within South Korea’s digital asset ecosystem.