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  • bitcoinBitcoin (BTC) $ 96,674.00
  • ethereumEthereum (ETH) $ 2,721.49
  • xrpXRP (XRP) $ 2.47
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 711.70
  • solanaSolana (SOL) $ 195.71
  • usd-coinUSDC (USDC) $ 0.999896
  • dogecoinDogecoin (DOGE) $ 0.262177
  • cardanoCardano (ADA) $ 0.778928
  • staked-etherLido Staked Ether (STETH) $ 2,719.46
  • tronTRON (TRX) $ 0.240144
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 96,475.00
  • chainlinkChainlink (LINK) $ 19.00
  • suiSui (SUI) $ 3.58
  • wrapped-stethWrapped stETH (WSTETH) $ 3,244.50
  • avalanche-2Avalanche (AVAX) $ 25.97
  • stellarStellar (XLM) $ 0.328718
  • shiba-inuShiba Inu (SHIB) $ 0.000017
  • the-open-networkToncoin (TON) $ 3.76
  • litecoinLitecoin (LTC) $ 122.93
  • leo-tokenLEO Token (LEO) $ 9.82
  • hedera-hashgraphHedera (HBAR) $ 0.231171
  • usdsUSDS (USDS) $ 0.999418
  • hyperliquidHyperliquid (HYPE) $ 24.96
  • wethWETH (WETH) $ 2,719.63
  • polkadotPolkadot (DOT) $ 5.16
  • bitget-tokenBitget Token (BGB) $ 5.89
  • bitcoin-cashBitcoin Cash (BCH) $ 338.73
  • ethena-usdeEthena USDe (USDE) $ 0.998907
  • uniswapUniswap (UNI) $ 9.89
  • mantra-daoMANTRA (OM) $ 5.71
  • wrapped-eethWrapped eETH (WEETH) $ 2,880.02
  • ondo-financeOndo (ONDO) $ 1.37
  • pepePepe (PEPE) $ 0.000010
  • moneroMonero (XMR) $ 226.01
  • nearNEAR Protocol (NEAR) $ 3.38
  • whitebitWhiteBIT Coin (WBT) $ 27.26
  • aaveAave (AAVE) $ 252.34
  • aptosAptos (APT) $ 6.14
  • mantleMantle (MNT) $ 1.05
  • internet-computerInternet Computer (ICP) $ 7.27
  • daiDai (DAI) $ 0.999780
  • bittensorBittensor (TAO) $ 397.81
  • ethereum-classicEthereum Classic (ETC) $ 21.36
  • susdssUSDS (SUSDS) $ 1.04
  • okbOKB (OKB) $ 52.20
  • official-trumpOfficial Trump (TRUMP) $ 15.54
  • gatechain-tokenGate (GT) $ 22.83
  • vechainVeChain (VET) $ 0.034755
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.323058
  • crypto-com-chainCronos (CRO) $ 0.093167
  • algorandAlgorand (ALGO) $ 0.297627
  • kaspaKaspa (KAS) $ 0.097686
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 96,666.00
  • render-tokenRender (RENDER) $ 4.58
  • tokenize-xchangeTokenize Xchange (TKX) $ 28.60
  • jupiter-exchange-solanaJupiter (JUP) $ 0.848379
  • cosmosCosmos Hub (ATOM) $ 5.04
  • arbitrumArbitrum (ARB) $ 0.499992
  • filecoinFilecoin (FIL) $ 3.43
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.796302
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998710
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 96,848.00
  • sonic-3Sonic (prev. FTM) (S) $ 0.544364
  • fasttokenFasttoken (FTN) $ 3.94
  • celestiaCelestia (TIA) $ 3.17
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,725.05
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,818.31
  • lido-daoLido DAO (LDO) $ 1.76
  • binance-staked-solBinance Staked SOL (BNSOL) $ 202.48
  • optimismOptimism (OP) $ 1.14
  • raydiumRaydium (RAY) $ 5.19
  • xdce-crowd-saleXDC Network (XDC) $ 0.095717
  • kucoin-sharesKuCoin (KCS) $ 12.28
  • blockstackStacks (STX) $ 0.983762
  • injective-protocolInjective (INJ) $ 15.02
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 96,487.00
  • ethenaEthena (ENA) $ 0.457667
  • immutable-xImmutable (IMX) $ 0.818641
  • theta-tokenTheta Network (THETA) $ 1.41
  • quant-networkQuant (QNT) $ 95.47
  • bonkBonk (BONK) $ 0.000018
  • the-graphThe Graph (GRT) $ 0.144376
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,052.11
  • movementMovement (MOVE) $ 0.565481
  • nexoNEXO (NEXO) $ 1.33
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,874.94
  • worldcoin-wldWorldcoin (WLD) $ 1.27
  • flare-networksFlare (FLR) $ 0.021526
  • usual-usdUsual USD (USD0) $ 0.996281
  • jasmycoinJasmyCoin (JASMY) $ 0.022411
  • sei-networkSei (SEI) $ 0.237651
  • dexeDeXe (DEXE) $ 18.11
  • solv-protocol-solvbtc-bbnSolv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 96,370.00
  • galaGALA (GALA) $ 0.023683
  • eosEOS (EOS) $ 0.650480
  • msolMarinade Staked SOL (MSOL) $ 248.04
  • the-sandboxThe Sandbox (SAND) $ 0.398842
  • flokiFLOKI (FLOKI) $ 0.000100
  • tezosTezos (XTZ) $ 0.910159
  • ethereum-name-serviceEthereum Name Service (ENS) $ 27.59
  • pancakeswap-tokenPancakeSwap (CAKE) $ 3.06
  • jito-governance-tokenJito (JTO) $ 3.03
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,817.84
  • iotaIOTA (IOTA) $ 0.243053
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.35
  • bittorrentBitTorrent (BTT) $ 0.00000089
  • wbnbWrapped BNB (WBNB) $ 713.33
  • ultimaUltima (ULTIMA) $ 19,307.32
  • makerMaker (MKR) $ 1,002.71
  • flowFlow (FLOW) $ 0.531126
  • chain-2Onyxcoin (XCN) $ 0.025487
  • neoNEO (NEO) $ 11.53
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 212.66
  • bitcoin-svBitcoin SV (BSV) $ 40.32
  • kaiaKaia (KAIA) $ 0.134031
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 96,621.00
  • roninRonin (RON) $ 1.25
  • pyth-networkPyth Network (PYTH) $ 0.211853
  • usddUSDD (USDD) $ 0.999771
  • tether-goldTether Gold (XAUT) $ 2,913.54
  • curve-dao-tokenCurve DAO (CRV) $ 0.548690
  • spx6900SPX6900 (SPX) $ 0.753618
  • axie-infinityAxie Infinity (AXS) $ 4.41
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.010779
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,873.82
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.262603
  • elrond-erd-2MultiversX (EGLD) $ 23.64
  • heliumHelium (HNT) $ 3.70
  • berachain-beraBerachain (BERA) $ 6.09
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,720.35
  • fraxFrax (FRAX) $ 0.996185
  • aerodrome-financeAerodrome Finance (AERO) $ 0.816999
  • starknetStarknet (STRK) $ 0.244219
  • decentralandDecentraland (MANA) $ 0.334545
  • usdx-money-usdxusdx.money USDX (USDX) $ 0.995301
  • arweaveArweave (AR) $ 9.34
  • dogwifcoindogwifhat (WIF) $ 0.606677
  • paypal-usdPayPal USD (PYUSD) $ 0.999472
  • pax-goldPAX Gold (PAXG) $ 2,927.03
  • chilizChiliz (CHZ) $ 0.063506
  • telcoinTelcoin (TEL) $ 0.007634
  • conflux-tokenConflux (CFX) $ 0.119199
  • dydx-chaindYdX (DYDX) $ 0.797522
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,718.66
  • matic-networkPolygon (MATIC) $ 0.323533
  • pendlePendle (PENDLE) $ 3.51
  • ai16zai16z (AI16Z) $ 0.521540
  • beam-2Beam (BEAM) $ 0.010885
  • pumpbtcpumpBTC (PUMPBTC) $ 94,732.00
  • resolv-usrResolv USR (USR) $ 0.999071
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,723.60
  • insurance-2INSURANCE (INSURANCE) $ 29.68
  • thorchainTHORChain (RUNE) $ 1.55
  • fartcoinFartcoin (FARTCOIN) $ 0.541661
  • apecoinApeCoin (APE) $ 0.752427
  • meowMEOW (MEOW) $ 0.005973
  • kavaKava (KAVA) $ 0.491265
  • ecasheCash (XEC) $ 0.000027
  • wormholeWormhole (W) $ 0.184372
  • zcashZcash (ZEC) $ 32.94
  • beldexBeldex (BDX) $ 0.074860
  • coredaoorgCore (CORE) $ 0.547620
  • aioz-networkAIOZ Network (AIOZ) $ 0.446860
  • compound-governance-tokenCompound (COMP) $ 57.69
  • reserve-rights-tokenReserve Rights (RSR) $ 0.009175
  • true-usdTrueUSD (TUSD) $ 0.996811
  • amp-tokenAmp (AMP) $ 0.005820
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 96,667.00
  • akash-networkAkash Network (AKT) $ 1.96
  • clbtcclBTC (CLBTC) $ 96,764.00
  • newton-projectAB DAO (AB) $ 0.010919
  • deepDeepBook (DEEP) $ 0.192219
  • gnosisGnosis (GNO) $ 177.13
  • chex-tokenCHEX Token (CHEX) $ 0.450830
  • tbtctBTC (TBTC) $ 96,471.00
  • axelarAxelar (AXL) $ 0.489791
  • apenftAPENFT (NFT) $ 0.00000045
  • morphoMorpho (MORPHO) $ 1.98
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000081
  • based-brettBrett (BRETT) $ 0.044733
  • mina-protocolMina Protocol (MINA) $ 0.365050
  • dohrniiDohrnii (DHN) $ 7.51
  • quantixaiQuantixAI (QAI) $ 84.60
  • stakestone-berachain-vault-tokenStakeStone Berachain Vault Token (BERASTONE) $ 2,693.12
  • olympusOlympus (OHM) $ 25.82
  • eigenlayerEigenlayer (EIGEN) $ 1.72
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999262
  • super-oethSuper OETH (SUPEROETHB) $ 2,719.45
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 2,966.82
  • usdbUSDB (USDB) $ 1.00
  • zksyncZKsync (ZK) $ 0.110390
  • hashnote-usycHashnote USYC (USYC) $ 1.08
  • trust-wallet-tokenTrust Wallet (TWT) $ 0.961292
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • ai-rig-complexAI Rig Complex (ARC) $ 0.395861
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 2,721.04
  • grassGrass (GRASS) $ 1.60
  • 1inch1inch (1INCH) $ 0.276652
  • verus-coinVerus (VRSC) $ 4.91
  • echelon-primeEchelon Prime (PRIME) $ 7.05
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.08
  • ai-companionsAI Companions (AIC) $ 0.367825
  • stader-ethxStader ETHx (ETHX) $ 2,854.90
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 97,567.00
  • frax-etherFrax Ether (FRXETH) $ 2,721.93
  • safeSafe (SAFE) $ 0.661463
  • dydxdYdX (ETHDYDX) $ 0.798555
  • swethSwell Ethereum (SWETH) $ 2,940.25
  • wouldwould (WOULD) $ 0.352538
  • creditcoin-2Creditcoin (CTC) $ 0.826620
  • havvenSynthetix Network (SNX) $ 1.03
  • qtumQtum (QTUM) $ 3.30
  • safepalSafePal (SFP) $ 0.693691
  • dashDash (DASH) $ 27.96
  • mog-coinMog Coin (MOG) $ 0.00000087
  • layerzeroLayerZero (ZRO) $ 3.05
  • the-grays-currencyThe Grays Currency (PTGC) $ 0.001155
  • justJUST (JST) $ 0.034200
  • theta-fuelTheta Fuel (TFUEL) $ 0.049476
  • vethor-tokenVeThor (VTHO) $ 0.003919
  • superfarmSuperVerse (SUPER) $ 0.744840
  • kusamaKusama (KSM) $ 20.87
  • snekSnek (SNEK) $ 0.004483
  • mx-tokenMX (MX) $ 3.48
  • compound-wrapped-btccWBTC (CWBTC) $ 1,942.63
  • binance-peg-busdBinance-Peg BUSD (BUSD) $ 1.01
  • popcatPopcat (POPCAT) $ 0.332799
  • notcoinNotcoin (NOT) $ 0.003175
  • wemix-tokenWEMIX (WEMIX) $ 0.774375
  • toshiToshi (TOSHI) $ 0.000762
  • livepeerLivepeer (LPT) $ 8.36
  • blurBlur (BLUR) $ 0.143733
  • astarAstar (ASTR) $ 0.041501
  • polygon-bridged-wbtc-polygon-posPolygon Bridged WBTC (Polygon POS) (WBTC) $ 96,506.00
  • gigachad-2Gigachad (GIGA) $ 0.032510
  • holotokenHolo (HOT) $ 0.001728
  • oasis-networkOasis (ROSE) $ 0.045305
  • mimblewimblecoinMimbleWimbleCoin (MWC) $ 27.58
  • zilliqaZilliqa (ZIL) $ 0.015266
  • baby-doge-coinBaby Doge Coin (BABYDOGE) $ 0.00000000
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,825.50
  • nervos-networkNervos Network (CKB) $ 0.006425
  • ousgOUSG (OUSG) $ 109.95
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 2,940.19
  • ketKet (KET) $ 0.294063
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.002854
  • basic-attention-tokenBasic Attention (BAT) $ 0.189075
  • staked-frax-etherStaked Frax Ether (SFRXETH) $ 3,013.84
  • b3B3 (Base) (B3) $ 0.013116
  • cat-in-a-dogs-worldcat in a dogs world (MEW) $ 0.003155
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.999567
  • 0x0x Protocol (ZRX) $ 0.325859
  • golemGolem (GLM) $ 0.276031
  • ether-fiEther.fi (ETHFI) $ 1.18
  • plumePlume (PLUME) $ 0.133729
  • swissborgSwissBorg (BORG) $ 0.270655
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000013
  • resolv-wstusrResolv wstUSR (WSTUSR) $ 1.07
  • gasGas (GAS) $ 4.03
  • mocaverseMoca Network (MOCA) $ 0.146146
  • elixir-deusdElixir deUSD (DEUSD) $ 0.999723
  • celoCelo (CELO) $ 0.456605
  • ordinalsORDI (ORDI) $ 12.17
  • turboTurbo (TURBO) $ 0.003692
  • agentfun-aiAgentFun.AI (AGENTFUN) $ 2.53
  • instadappFluid (FLUID) $ 6.42
  • uxlinkUXLINK (UXLINK) $ 0.753004
  • bio-protocolBio Protocol (BIO) $ 0.157572
  • arkhamArkham (ARKM) $ 0.702851
  • honey-3Honey (HONEY) $ 0.998461
  • origintrailOriginTrail (TRAC) $ 0.494862
  • bybit-staked-solBybit Staked SOL (BBSOL) $ 208.00
  • xyo-networkXYO Network (XYO) $ 0.017685
  • zencashHorizen (ZEN) $ 15.41
  • quoriumQuorium (QGOLD) $ 2,919.13
  • woo-networkWOO (WOO) $ 0.131603
  • metars-genesisMetars Genesis (MRS) $ 2.90
  • stepnGMT (GMT) $ 0.071989
  • bridged-wrapped-ether-starkgateBridged Ether (StarkGate) (ETH) $ 2,719.57
  • ethereum-pow-iouEthereumPoW (ETHW) $ 2.23
  • aethirAethir (ATH) $ 0.038359
  • freysa-aiFreysa AI (FAI) $ 0.028929
  • ankrAnkr Network (ANKR) $ 0.023629
  • usda-2USDa (USDA) $ 0.996796
  • benqi-liquid-staked-avaxBENQI Liquid Staked AVAX (SAVAX) $ 30.87
  • drift-protocolDrift Protocol (DRIFT) $ 0.813611
  • mask-networkMask Network (MASK) $ 2.32
  • magic-edenMagic Eden (ME) $ 2.03
  • enjincoinEnjin Coin (ENJ) $ 0.127384
  • decredDecred (DCR) $ 13.77
  • siacoinSiacoin (SC) $ 0.004085
  • tribe-2Tribe (TRIBE) $ 0.499718
  • solayer-staked-solSolayer Staked SOL (SSOL) $ 206.95
  • metaplexMetaplex (MPLX) $ 0.296905
  • skaleSKALE (SKL) $ 0.038629
  • osmosisOsmosis (OSMO) $ 0.313266
  • aelfaelf (ELF) $ 0.300412
  • ravencoinRavencoin (RVN) $ 0.014925
  • aixbtaixbt by Virtuals (AIXBT) $ 0.256715
  • cheems-tokenCheems Token (CHEEMS) $ 0.000001
  • threshold-network-tokenThreshold Network (T) $ 0.021506
  • zetachainZetaChain (ZETA) $ 0.317560
  • nanoNano (XNO) $ 1.62
  • swftcoinSWFTCOIN (SWFTC) $ 0.021403
  • btse-tokenBTSE Token (BTSE) $ 1.30
  • polymeshPolymesh (POLYX) $ 0.188475
  • melania-memeMelania Meme (MELANIA) $ 1.42
  • nemNEM (XEM) $ 0.023331
  • abtcaBTC (ABTC) $ 96,335.00
  • solayerSolayer (LAYER) $ 0.949887
  • qubic-networkQubic (QUBIC) $ 0.000002
  • vanaVana (VANA) $ 6.66
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 2,886.56
  • ioio.net (IO) $ 1.45
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,682.54
  • harmonyHarmony (ONE) $ 0.016556
  • yearn-financeyearn.finance (YFI) $ 6,000.82
  • iotexIoTeX (IOTX) $ 0.021314
  • gmxGMX (GMX) $ 20.12
  • convex-financeConvex Finance (CVX) $ 2.44
  • wrapped-ether-mantle-bridgeWrapped Ether (Mantle Bridge) (WETH) $ 2,721.50
  • treehouse-ethTreehouse ETH (TETH) $ 3,250.50
  • gmt-tokenGoMining Token (GOMINING) $ 0.475821
  • bazaarsBazaars (BZR) $ 16.88
  • coinex-tokenCoinEx (CET) $ 0.070980
  • wavesWaves (WAVES) $ 1.90
  • clearpoolClearpool (CPOOL) $ 0.263837
  • sun-tokenSun Token (SUN) $ 0.019585
  • act-i-the-ai-prophecyAct I The AI Prophecy (ACT) $ 0.201140
  • ghoGHO (GHO) $ 0.999020
  • wrapped-avaxWrapped AVAX (WAVAX) $ 25.98
  • terra-luna-2Terra (LUNA) $ 0.274705
  • ontologyOntology (ONT) $ 0.206619
  • sushiSushi (SUSHI) $ 0.965074
  • rocket-poolRocket Pool (RPL) $ 8.84
  • chiaChia (XCH) $ 13.17
  • fartboyFartboy ($FARTBOY) $ 0.181772
  • constellation-labsConstellation (DAG) $ 0.051421
  • memecoin-2Memecoin (MEME) $ 0.004702
  • world-mobile-tokenWorld Mobile Token (WMTX) $ 0.264926
  • availAvail (AVAIL) $ 0.090701
  • kadenaKadena (KDA) $ 0.575615
  • nxmNexus Mutual (NXM) $ 57.10
  • bitkub-coinBitkub Coin (KUB) $ 1.97
  • project-galaxyGalxe (GAL) $ 1.36
  • test-3Test (TST) $ 0.181933
  • rollbit-coinRollbit Coin (RLB) $ 0.076816
  • ipmbGoldPro (GPRO) $ 36.72
  • biconomyBiconomy (BICO) $ 0.182704
  • griffainGRIFFAIN (GRIFFAIN) $ 0.169037
  • rcgeRCGE ($RCGE) $ 0.014215
  • stp-networkSTP (STPT) $ 0.086441
  • zelcashFlux (FLUX) $ 0.439624
  • zeus-networkZeus Network (ZEUS) $ 0.433287
  • lorenzo-stbtcLorenzo stBTC (STBTC) $ 95,666.00
  • loopringLoopring (LRC) $ 0.132476
  • lcxLCX (LCX) $ 0.174101
  • casper-networkCasper Network (CSPR) $ 0.012717
  • venice-tokenVenice Token (VVV) $ 6.09
  • solo-coinSologenic (SOLO) $ 0.405511
  • compound-ethercETH (CETH) $ 54.72
  • manta-networkManta Network (MANTA) $ 0.423670
  • frax-shareFrax Share (FXS) $ 1.82
  • swipeSolar (SXP) $ 0.251210
  • book-of-memeBOOK OF MEME (BOME) $ 0.002276
  • reserve-protocol-eth-plusETHPlus (ETH+) $ 2,826.45
  • band-protocolBand Protocol (BAND) $ 0.999955
  • illuviumIlluvium (ILV) $ 21.05
  • amnis-aptosAmnis Aptos (AMAPT) $ 6.12
  • ecoin-2Ecoin (ECOIN) $ 0.000334
  • peanut-the-squirrelPeanut the Squirrel (PNUT) $ 0.153795
  • aevo-exchangeAevo (AEVO) $ 0.170418
  • cow-protocolCoW Protocol (COW) $ 0.372496
  • neiro-3Neiro (NEIRO) $ 0.000363
  • animeAnimecoin (ANIME) $ 0.027546
  • digibyteDigiByte (DGB) $ 0.008700
  • umaUMA (UMA) $ 1.77
  • bonfidaSolana Name Service (FIDA) $ 0.151773
  • cotiCOTI (COTI) $ 0.083975
  • kaminoKamino (KMNO) $ 0.111092
  • veloVelo (VELO) $ 0.020300
  • hiveHive (HIVE) $ 0.321202
  • across-protocolAcross Protocol (ACX) $ 0.345592
  • l2-standard-bridged-weth-blastL2 Standard Bridged WETH (Blast) (WETH) $ 2,720.36
  • usualUsual (USUAL) $ 0.251916
  • m2-global-wealth-limited-mmxMMX (MMX) $ 0.957561
  • metis-tokenMetis (METIS) $ 23.86
  • peaq-2peaq (PEAQ) $ 0.213887
  • spell-tokenSpell (SPELL) $ 0.000935
  • mines-of-dalarniaMines of Dalarnia (DAR) $ 0.096606
  • venusVenus (XVS) $ 8.88
  • elixir-staked-deusdElixir Staked deUSD (SDEUSD) $ 1.02
  • aleoALEO (ALEO) $ 0.443095
  • g-tokenGravity (G) $ 0.019847
  • murasakiMurasaki (MURA) $ 2.48
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Majority of Korean crypto exchanges to shut down this month, insiders say

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Failure to meet South Korean regulators’ new requirements is expected to wipe out tens of crypto exchange operators.

The deadline for South Korean crypto exchanges to meet new compliance requirements is looming fast, with all operators expected to submit requests for an official license with the Financial Services Commission (FSC) no later than Sept. 24.

Industry actors and representatives for smaller exchanges have contested the new requirements for much of the past year, yet without success. Now insiders reportedly expect that close to 40 of the country’s estimated 60 crypto operators will be forced to shut down.

The crux of their objection has been the obligation that all exchanges show evidence that they are operating using real-name accounts at South Korean banks. The FSC has justified by arguing that there is a high demand from customers for more protection for their assets held at smaller crypto platforms. Yet South Korea’s banks have, for the most part, refused to engage in any risk assessment process for applicant exchanges, except for the country’s top four trading platforms. 

These four exchanges — Upbit, Bithumb, Korbit and Coinone — already account for over 90% of South Korea’s total traded volume, and experts have in recent months made the case that the FSC’s new framework is poised to further cement the country’s crypto space as a monopolized market.

Moreover, estimates by Kim Hyoung-joong, a professor at and the head of the Cryptocurrency Research Center at Korea University, predict that the mass exchange closures will eliminate 42 “kimchi coins” — a moniker for smaller altcoins that are listed on smaller platforms and traded against the Korean won. Lee Chul-yi, head of local crypto exchange Foblgate, has told the Financial Times that:

“A situation similar to a bank run is expected near the deadline as investors can’t cash out of their holdings of ‘alt-coins’ listed only on small exchanges. […] They will find themselves suddenly poor. I wonder if regulators can handle the side-effects.”

Related: Regulations drive Korean exchanges to delist, warn against high risk coins

With altcoins estimated to account for 90% of traded volume in South Korea’s crypto markets, the FSC has reportedly advised those exchange operators who expect to shut down to notify their clients no later than Sept. 17. Cho Yeon-haeng, president of the Korea Finance Consumer Federation, has claimed that customer protection is unlikely to be the priority for those exchanges facing imminent closure and that “huge investor losses” are therefore expected due to the freezing of assets and suspension of trading on smaller platforms.

The regulatory heat will also affect international exchange operators. Binance already pre-emptively halted Korean won trading pairs this summer to ensure it does not foul Korean authorities.

The new measures have been designed to curb Koreans’ enthusiasm for crypto trading amid concerns that retail investors, especially those from younger generations, are borrowing excessively in order to trade as they struggle with suppressed wages, a frozen job market and ever-rising real-estate prices.

Source: cointelegraph.com

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