Upbit, Bithumb, Coinone, Korbit and Gopax added a combined 49 net new tokens in the first half, down from 191 a year earlier, as delistings accelerated.
Net new token listings at South Korea’s five largest crypto exchanges dropped sharply in the first half as delistings climbed. Upbit, Bithumb, Coinone, Korbit and Gopax recorded 49 net new listings, calculated as newly listed tokens minus terminated listings, compared with 191 in the same period last year. The report said new listings fell 44% while terminations of listings surged 258%, pointing to a much more selective market for token additions on major Korean trading venues.