Markets· ★★· neutral·

XRP Tops Korea Interest Index as Local Trading Share Runs 8.9x Global

  • —Korean 24-hour volume: XRP 279.2 billion won, ONDO 109.6 billion, ALGO 24.9 billion
  • —STX's local share is 30.1x its global share, WLD 24.3x and ONDO 23.6x
  • —Korean exchanges' share of combined volume with Binance rose to 13.70% from 5.20% a month ago
  • —Highest kimchi premium was USDE at 0.73%; ASTER traded at a 1.15% discount
Why it matters: Heavy local concentration in STX, WLD and ONDO raises the risk of Korean prices diverging from global benchmarks.
Source: TokenPost