[Korean Crypto Market Profit Plunges 78%! People didn’t disappear—why can’t exchanges make money anymore?🔥】
🚀 加密行业最新动态，进群聊
A very interesting phenomenon has recently emerged in South Korea’s crypto market:
Transaction accounts haven’t decreased much, but exchange profits have dropped by 78%.
According to South Korea’s financial regulators, in the first half of 2026, the average daily trading volume of Korean crypto exchanges fell to about 31 trillion KRW, down 44% from the second half of last year.
At the same time, users’ KRW deposits dropped by 35%, and the value of the crypto assets held by exchanges also fell by 33%.
But the most interesting part is that the number of accounts that can trade actually increased slightly by 0.4%.
So the question is: If people are still here, why can’t exchanges make money?
Simply put, what truly determines an exchange’s revenue is not just the number of users, but whether users are actually trading.
With a sluggish market and reduced capital, users trade less frequently, and the exchange’s fee-based business model naturally gets hit.
This also highlights one key point:
📌 When looking at the crypto market, don’t just focus on “how many users there are.” You also need to see whether capital has actually entered, whether trading volume has picked up, and whether users are truly participating in trading.
If, in the future, the BTC market warms up again, whether this important Korean crypto market can see trading volume rebound will also serve as a window into global market risk appetite.
🚀 加密行业最新动态，进群聊
A very interesting phenomenon has recently emerged in South Korea’s crypto market:
Transaction accounts haven’t decreased much, but exchange profits have dropped by 78%.
According to South Korea’s financial regulators, in the first half of 2026, the average daily trading volume of Korean crypto exchanges fell to about 31 trillion KRW, down 44% from the second half of last year.
At the same time, users’ KRW deposits dropped by 35%, and the value of the crypto assets held by exchanges also fell by 33%.
But the most interesting part is that the number of accounts that can trade actually increased slightly by 0.4%.
So the question is: If people are still here, why can’t exchanges make money?
Simply put, what truly determines an exchange’s revenue is not just the number of users, but whether users are actually trading.
With a sluggish market and reduced capital, users trade less frequently, and the exchange’s fee-based business model naturally gets hit.
This also highlights one key point:
📌 When looking at the crypto market, don’t just focus on “how many users there are.” You also need to see whether capital has actually entered, whether trading volume has picked up, and whether users are truly participating in trading.
If, in the future, the BTC market warms up again, whether this important Korean crypto market can see trading volume rebound will also serve as a window into global market risk appetite.
