ArbiLayer
Centralized exchange

Upbit

South Korea's largest crypto exchange by volume, operated by Dunamu, with KRW, BTC and USDT spot markets.

Volume (24h)$573.23MUSDT markets tracked live
Coins359with USDT pairs
Spot / Perp markets860 / 0tracked by ArbiLayer
Base fees0.05% / 0.05%maker / taker, spot

About Upbit

South Korea's largest crypto exchange by volume, operated by Dunamu, with KRW, BTC and USDT spot markets.

Spot
Maker0.05%
Taker0.05%
Base tier
  • KRW market: 0.05% maker and taker
  • BTC and USDT markets: standard 0.25%; cut to 0.05% as a promotion from 29 Aug to 11 Sep 2026
  • Event discounts shown on the order screen

Withdrawals: network-dependent, flat per asset

Proof of reserves

No PoR
Proof of reserves
Not published
  • No user-verifiable PoR found; Korean exchanges rely on external accounting-firm audits and regulator-mandated reserve requirements

Company

Founded
2017
Headquarters
Seoul, South Korea

Founders

SCSong Chi-hyungFounder of Dunamu

Leadership

LSLee SirgooCEO, Dunamu

Products

Spot (KRW, BTC and USDT markets)StakingAPIMobile app

Licences & registrations

South Korea: registered virtual asset service provider with the FIU (first under the 2021 regime)KISA ISMS certification (December 2018)ISO 27001, 27017, 27018

Not available in

United StatesCubaIranNorth KoreaSudanSyria

Incidents & regulatory history

  1. 2025FIU imposed a three-month partial suspension (new users' external transfers) and a 35.2B won fine for AML violations; the suspension was later cancelled by the Seoul Administrative Court.
  2. 202527 Nov: Solana hot wallet drained of about $30–36M (44.5B won); Dunamu covered customer losses; FSS opened a sanctions procedure in July 2026.
  3. 2025Naver Financial announced an all-stock acquisition of Dunamu valued around $10.3B.
  4. 2019Hot wallet hack: 342,000 ETH (~$48.5M) stolen; attributed in 2024 to North Korea's Lazarus and Andariel groups.
  5. 2018Offices raided in a fraud probe; three officials indicted in December over alleged fake orders.

Volume, last 7 days

7 days agonow

Top markets

ArbiLayer does not track live markets on this exchange yet.
Sources · checked Oct 1, 2026
  1. en.wikipedia.org
  2. tradingfinder.com
  3. sedaily.com
  4. theblock.co
  5. en.cryptonomist.ch
  6. coindesk.com
  7. tradingview.com
  8. odaily.news
  9. en.bloomingbit.io
  10. brandfetch.com