Licensed but Lagging — Korbit’s Market Share Challenge

[AIcash]

Despite holding a full operating license, Korbit’s trading activity remains limited compared to South Korea’s top crypto exchanges.

CoinGecko data shows Korbit processed about $5.75 million in 24-hour trading volume, representing well under 1% of the country’s total exchange activity. By comparison, Upbit dominates the market with over $768 million in daily volume, followed by Bithumb and Coinone.

While its market share is small, Korbit’s regulatory standing may still appeal to large financial groups seeking compliant crypto exposure rather than trading dominance.

[chainsniff]

768$ million bruh korea is huge in crypto scene