XRP leads Korean crypto interest ranking with 15.28% trading share

ONDO had the strongest concentration of trading in Korea, with its domestic trading share 33.6 times its global share. XRP led the Korean interest ranking, while TRX was the only token in the top 10 with a weekly gain.

WLD also showed a pronounced tilt toward Korean trading. TRX combined its positive weekly return with the highest Korean price premium among the tokens surveyed.

As of October 30, XRP ranked first in the domestic interest index with 80 points. It accounted for 15.28% of domestic trading volume.

SHIB ranked second with 78.5 points, followed by DOGE with 78 points. Their domestic trading shares were 0.69% and 2.08%, respectively. Domestic trading volume over 24 hours totaled 341.33 billion won for XRP, 15.35 billion won for SHIB and 46.36 billion won for DOGE.

The survey covered 56 tokens traded on both domestic and overseas exchanges. ENA and ONDO rounded out the top five in the interest ranking, with scores of 76.7 and 76.6.

ONDO's domestic trading share was 2.61%, compared with 0.08% globally, giving it the largest domestic-to-global ratio. WLD followed at 30.1 times, then SHIB at 17.3 times, XLM at 17.2 times and HBAR at 16.5 times.

Other tokens attracted a larger share of overseas trading. XAUT accounted for 13.91% globally but just 0.03% domestically. HYPE's global and domestic shares were 1.00% and 0.02%, respectively; BNB's were 0.94% and 0.11%; and USDC's were 7.30% and 1.87%.

TRX recorded the largest increase in trading relative to its usual level, at 48.59%, alongside a 0.68% daily price gain. BNB and LIT followed with trading increases of 43.21% and 25.33%, respectively.

TRX had the highest kimchi premium—the gap between Korean and overseas prices—at 2.48%. DOGE followed at 0.66% and POL at 0.57%. At the other end, ASTER traded at a 0.94% discount in Korea, CAKE at a 0.89% discount and ZRO at a 0.65% discount.

[Editor's note] This column tracks Korean crypto trading through an interest index covering tokens traded on both domestic and overseas exchanges. The index combines domestic trading share, global trading share, the kimchi premium and recent trading increases. Its focus is actual trading volume. Domestic share measures a token's portion of domestic exchange volume; global share measures its portion of overseas volume. Comparing the two shows how strongly trading is concentrated in Korea.