ICP jumps 10.7% as trading spikes; Korea share at 0.2%

ONDO accounted for 5.72% of domestic trading against 0.24% globally, showing a 23.8 times domestic tilt. XRP recorded 130.79 billion won in turnover, while NEAR and ZRO both posted positive seven-day returns.

As of Oct. 12 at 12:01 UTC, ONDO ranked first in the domestic interest index with 91.8 points. Its share of domestic trading was 5.72%.

NEAR ranked second with 81.0 points and XLM third with 80.5. Their domestic trading shares were 6.54% and 2.01%, respectively. Twenty-four-hour domestic turnover was 75.77 billion won for ONDO, 86.74 billion won for NEAR and 26.65 billion won for XLM.

Among 57 assets traded both domestically and overseas, the top 10 accounted for 35.7% of domestic trading.

ONDO showed the widest domestic lead over global trading. It took 5.72% of domestic volume but only 0.24% offshore, making its domestic share 23.8 times larger. WLD followed at 21.6 times, XLM at 14.4 times and PYTH at 12.6 times.

Some assets were more active offshore. BNB accounted for 0.60% of global trading but only 0.02% domestically. ASTER, at 0.08% globally and 0.01% domestically, USDC at 12.13% and 2.84%, and XAUT at 0.13% and 0.05% also had relatively low domestic shares.

ICP showed the sharpest recent trading increase, with a surge reading of 4.7 and a 10.7% one-day price gain. APT and FIL also saw trading rise above usual levels. WLFI, BNB and STABLE were the quietest by the same measure.

The kimchi premium, the price gap between Korean and offshore markets, was highest for PEPE at 0.52%. SKY followed at 0.47% and SUI at 0.41%. STRK traded at a -1.37% discount in Korea, while PYTH was at -1.10% and STABLE at -0.92%.

Editor's note: Coin Korea reads the domestic crypto market through an interest index. The universe is the overlap of assets traded on both domestic and overseas exchanges. The index weights domestic trading share, global trading share, kimchi premium and recent trading surge, with actual turnover as the core input rather than page views.