South Korea’s Crypto Trading Activity Falls to One-Tenth of Stock Market Levels

According to Digital Asset, following the sharp decline in the digital asset market in October 2025 and the continued record highs of South Korea’s KOSPI index, trading activity in the country’s crypto market has fallen to roughly one-tenth of stock market levels.

Data shows that in May this year, total cryptocurrency trading volume across South Korea’s five licensed exchanges — Upbit, Bithumb, Coinone, Korbit, and Gopax — accounted for only 8% of KOSPI stock market trading volume during the same period. By comparison, the ratio had surged to 323% in December 2024 following the crypto bull market triggered by Donald Trump’s election victory in the United States.