Bitplanet Proposes Market-Making Rules to Narrow Liquidity Gap on Korean Exchanges
- —Spreads for top-10 tokens stay below 20 bp (0.2%) on all four exchanges
- —Among 58 low-liquidity tokens spreads hit 36.5 bp on Upbit, 40.5 bp on Bithumb, 317.5 bp on Coinone and 1,374.5 bp on Korbit
- —Share of tokens with spreads above 1%: 0.9% on Upbit versus 76.9% on Korbit
- —MiCA bans exchanges from proprietary trading; Hong Kong's SFC allowed affiliated market makers under conditions from February 2026
Why it matters: Introducing market making could cut trading costs on smaller Korean exchanges, but requires strict conflict-of-interest safeguards.
Source: TokenPost