Markets· ★★· neutral·

STX trades 41x more actively in Korea than abroad

  • —XRP leads the interest index at 89.1 points and 13.19% of local volume
  • —STX's Korean share of 1.82% is 40.9x its 0.04% overseas share
  • —WLD and ONDO showed 28.5x and 28x domestic skews respectively
  • —Korean exchanges' share of volume versus Binance fell to 11.70% from 16.00% a month earlier
Why it matters: Heavy domestic concentration in STX, WLD and ONDO means their Korean prices can diverge from global levels.
Source: TokenPost