Coin Korea: BNB trading share is 22.1 times higher overseas as domestic interest stays muted

BNB trading remained subdued in South Korea, with its overseas share running 22.1 times higher than its domestic share. XRP led local attention, while all 10 highest-ranked tokens posted negative seven-day returns.

BNB accounted for 0.58% of overseas trading but just 0.03% of domestic volume. USDC showed a wider divide, with shares of 12.65% overseas and 1.09% domestically, while XAUT recorded 0.22% and 0.06%, respectively.

As of Oct. 15, SHIB ranked first on the domestic attention index at 83.8 points, accounting for 0.67% of domestic trading.

WLD placed second with 82.8 points and XLM third with 82.5. Their domestic trading shares were 3.80% and 1.51%, respectively. Their 24-hour domestic trading volumes were 66.69 billion won and 26.44 billion won, compared with 11.81 billion won for SHIB.

The 10 highest-ranked assets accounted for 36.97% of domestic trading among the 55 tokens traded on both domestic and overseas exchanges.

STX showed the strongest domestic concentration relative to overseas activity. Its domestic share was 0.96%, compared with 0.03% overseas, making the domestic figure 32.9 times higher. WLD followed at 26.1 times, ONDO at 24.2 times, SHIB at 15.0 times and XLM at 14.0 times.

XRP held the largest individual domestic share at 15.75%, versus 1.39% overseas, a ratio of 11.4 times. Its 24-hour domestic trading volume reached 276.36 billion won.

PEPE recorded the strongest recent increase in trading activity, while its price fell 6.5% over 24 hours and 2.6% over seven days. ENA and XAUT also showed increased activity. USDC and APT were among the tokens with the sharpest declines in activity.

The highest kimchi premium was recorded by PEPE at 0.38%, followed by SHIB at 0.35% and POL at 0.35%. PYTH traded at the deepest discount at -0.64%, followed by HBAR at -0.61% and INJ at -0.48%.

[Editor’s note] Coin Korea uses an attention index compiled from tokens traded on both domestic and overseas exchanges. The index combines domestic and global trading shares, the kimchi premium and recent changes in trading activity. It is based primarily on actual trading volume rather than page views. A larger gap between domestic and global shares indicates activity is more heavily concentrated in South Korea.

This article is based on market data and chart analysis and does not constitute investment advice.