STX trading skews toward Korea at nearly 44 times its global share

RLUSD topped Korea’s crypto attention index with 84 points, while STX’s domestic trading share was 43.9 times its global share.

RLUSD accounted for 2.89% of domestic trading, with its price up 0.01% over the past seven days. XRP and HBAR tied for second with 80.8 points.

ONDO ranked fourth with 79.6 points, followed by DOGE at 78.7. Domestic trading volume totaled ₩28.17 billion for RLUSD, ₩147.37 billion for XRP and ₩9.92 billion for HBAR.

The top 10 accounted for 37.6% of trading among the 54 assets traded on both domestic and overseas exchanges.

STX showed the largest domestic skew. It represented 1.10% of domestic trading but 0.03% globally, making its Korean share 43.9 times larger. RLUSD followed at 38.1 times, ONDO at 27.4 times, WLD at 26.7 times and XRP at 11.1 times.

Some assets were considerably more active overseas. BNB accounted for 0.64% of global trading but only 0.03% domestically. ASTER stood at 0.09% globally and 0.01% domestically, XAUT at 0.13% and 0.02%, respectively, and USDC at 12.86% and 3.50%.

RLUSD recorded the strongest increase in trading activity, with a surge reading of 3.25. HBAR followed at 1.84 and PUMP at 1.18. JST registered the sharpest slowdown at -2.65, followed by FIL at -1.97 and XAUT at -1.62.

DOGE had the highest kimchi premium at 0.67%, followed by HBAR at 0.49% and DOT at 0.36%. PRL traded at a 95.34% discount in Korea, while ASTER and CC showed negative premiums of 1.31% and 0.65%, respectively.

[Editor’s note] Coin Korea Market tracks the domestic crypto market using an attention index covering assets traded on both Korean 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, not page views. A wider gap between domestic and global shares indicates that trading is more concentrated in Korea.