South Korea Crypto Exchange Profits Plunge 78% in H1 2026

The synchronized fall in volumes, market cap and deposits matters more than the headline profit figure, because it points to a demand-side contraction rather than a cost problem at Korea's venues. Exchanges with thinner buffers will feel this most, and the revenue pressure could reshape how they compete for a shrinking user base. Whether deposits stabilize is the open question: they are the clearest read on whether retail participation is returning or continuing to retreat.