Dunamu, the operator of Upbit, posted weaker second-quarter 2026 results as trading conditions in crypto markets softened. Revenue came in at 173.5 billion won and operating profit at 23.5 billion won, down about 26% and 73% respectively from the first quarter's 234.6 billion won in revenue and 88 billion won in operating profit. The company attributed the decline to shrinking liquidity in the global digital-asset market, which it said weakened investor sentiment.