Upbit 24-hour trading volume rises 9.8%, led by TRAC/KRW at 9.52% share

CoinGecko data showed the Korean won market on Upbit was topped by TRAC/KRW, with BTC, XRP, BONK and ETH making up the rest of the top five.

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Summary

Upbit's trading volume increased 9.8% over the past 24 hours, according to CoinGecko data. Within the exchange's Korean won market, the TRAC/KRW pair ranked first with a 9.52% share of total trading volume, while BTC, XRP, BONK and ETH rounded out the top five. The figures point to concentrated activity in specific won-denominated pairs as traders rotated across both major tokens and smaller crypto assets.

Terms & Concepts
  • TRAC/KRW: A trading pair between TRAC and the Korean won.
  • trading pair: Two assets that can be exchanged against each other on a market.
  • Korean won market: Exchange market where assets are traded against South Korea's currency.