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  • bitcoinBitcoin (BTC) $ 69,658.00
  • ethereumEthereum (ETH) $ 2,509.42
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 575.25
  • solanaSolana (SOL) $ 166.66
  • usd-coinUSDC (USDC) $ 1.00
  • xrpXRP (XRP) $ 0.513130
  • staked-etherLido Staked Ether (STETH) $ 2,507.53
  • dogecoinDogecoin (DOGE) $ 0.162415
  • tronTRON (TRX) $ 0.167540
  • cardanoCardano (ADA) $ 0.357687
  • the-open-networkToncoin (TON) $ 4.94
  • wrapped-stethWrapped stETH (WSTETH) $ 2,966.36
  • shiba-inuShiba Inu (SHIB) $ 0.000018
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 69,549.00
  • avalanche-2Avalanche (AVAX) $ 24.88
  • wethWETH (WETH) $ 2,508.58
  • chainlinkChainlink (LINK) $ 11.23
  • bitcoin-cashBitcoin Cash (BCH) $ 350.05
  • usdsUSDS (USDS) $ 1.00
  • leo-tokenLEO Token (LEO) $ 6.06
  • polkadotPolkadot (DOT) $ 3.92
  • suiSui (SUI) $ 1.96
  • litecoinLitecoin (LTC) $ 70.16
  • nearNEAR Protocol (NEAR) $ 3.95
  • aptosAptos (APT) $ 8.83
  • wrapped-eethWrapped eETH (WEETH) $ 2,638.76
  • uniswapUniswap (UNI) $ 7.52
  • pepePepe (PEPE) $ 0.000009
  • internet-computerInternet Computer (ICP) $ 7.87
  • bittensorBittensor (TAO) $ 459.59
  • daiDai (DAI) $ 1.00
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 1.22
  • moneroMonero (XMR) $ 159.39
  • kaspaKaspa (KAS) $ 0.115999
  • stellarStellar (XLM) $ 0.092971
  • ethereum-classicEthereum Classic (ETC) $ 18.48
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • whitebitWhiteBIT Coin (WBT) $ 18.99
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.999492
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.318793
  • blockstackStacks (STX) $ 1.60
  • okbOKB (OKB) $ 38.15
  • dogwifcoindogwifhat (WIF) $ 2.21
  • aaveAave (AAVE) $ 142.19
  • filecoinFilecoin (FIL) $ 3.47
  • arbitrumArbitrum (ARB) $ 0.520112
  • crypto-com-chainCronos (CRO) $ 0.073470
  • mantleMantle (MNT) $ 0.579582
  • thorchainTHORChain (RUNE) $ 5.66
  • optimismOptimism (OP) $ 1.50
  • celestiaCelestia (TIA) $ 4.61
  • render-tokenRender (RENDER) $ 4.69
  • immutable-xImmutable (IMX) $ 1.09
  • injective-protocolInjective (INJ) $ 18.53
  • fantomFantom (FTM) $ 0.642372
  • hedera-hashgraphHedera (HBAR) $ 0.045867
  • vechainVeChain (VET) $ 0.020727
  • cosmosCosmos Hub (ATOM) $ 4.18
  • bitget-tokenBitget Token (BGB) $ 1.13
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,509.88
  • popcatPopcat (POPCAT) $ 1.49
  • sei-networkSei (SEI) $ 0.376618
  • mantra-daoMANTRA (OM) $ 1.42
  • the-graphThe Graph (GRT) $ 0.145477
  • bonkBonk (BONK) $ 0.000019
  • pyth-networkPyth Network (PYTH) $ 0.367151
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,796.35
  • flokiFLOKI (FLOKI) $ 0.000135
  • jupiter-exchange-solanaJupiter (JUP) $ 0.960121
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,625.59
  • worldcoin-wldWorldcoin (WLD) $ 1.88
  • theta-tokenTheta Network (THETA) $ 1.12
  • gatechain-tokenGate (GT) $ 8.54
  • kucoin-sharesKuCoin (KCS) $ 8.98
  • heliumHelium (HNT) $ 6.28
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 69,565.00
  • makerMaker (MKR) $ 1,221.66
  • ethenaEthena (ENA) $ 0.364654
  • bitcoin-svBitcoin SV (BSV) $ 49.80
  • algorandAlgorand (ALGO) $ 0.116871
  • arweaveArweave (AR) $ 14.78
  • ondo-financeOndo (ONDO) $ 0.658042
  • lido-daoLido DAO (LDO) $ 1.03
  • raydiumRaydium (RAY) $ 3.48
  • msolMarinade Staked SOL (MSOL) $ 205.05
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 69,645.00
  • fasttokenFasttoken (FTN) $ 2.69
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,572.54
  • based-brettBrett (BRETT) $ 0.087309
  • beam-2Beam (BEAM) $ 0.016587
  • jasmycoinJasmyCoin (JASMY) $ 0.017544
  • matic-networkPolygon (MATIC) $ 0.319300
  • bittorrentBitTorrent (BTT) $ 0.00000085
  • klay-tokenKlaytn (KLAY) $ 0.137597
  • cat-in-a-dogs-worldcat in a dogs world (MEW) $ 0.009196
  • flowFlow (FLOW) $ 0.511017
  • aerodrome-financeAerodrome Finance (AERO) $ 1.15
  • coredaoorgCore (CORE) $ 0.844022
  • kaiaKaia (KAIA) $ 0.131718
  • starknetStarknet (STRK) $ 0.366035
  • pendlePendle (PENDLE) $ 4.75
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,505.39
  • tokenize-xchangeTokenize Xchange (TKX) $ 9.50
  • galaGALA (GALA) $ 0.019239
  • usddUSDD (USDD) $ 0.999875
  • spx6900SPX6900 (SPX) $ 0.808277
  • mog-coinMog Coin (MOG) $ 0.000002
  • apecoinApeCoin (APE) $ 1.01
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 69,545.00
  • axie-infinityAxie Infinity (AXS) $ 4.66
  • ordinalsORDI (ORDI) $ 33.42
  • notcoinNotcoin (NOT) $ 0.006600
  • tether-goldTether Gold (XAUT) $ 2,743.34
  • solv-protocol-solvbtc-bbnSolv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 69,576.00
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 1.00
  • flare-networksFlare (FLR) $ 0.013214
  • ecasheCash (XEC) $ 0.000034
  • neoNEO (NEO) $ 9.38
  • eosEOS (EOS) $ 0.435242
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 69,555.00
  • fraxFrax (FRAX) $ 0.996894
  • dydx-chaindYdX (DYDX) $ 0.986807
  • elrond-erd-2MultiversX (EGLD) $ 23.31
  • nexoNEXO (NEXO) $ 0.994558
  • tezosTezos (XTZ) $ 0.629056
  • conflux-tokenConflux (CFX) $ 0.140080
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 174.80
  • gigachad-2Gigachad (GIGA) $ 0.064650
  • neiro-3Neiro (NEIRO) $ 0.001464
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,508.27
  • paypal-usdPayPal USD (PYUSD) $ 1.00
  • mina-protocolMina Protocol (MINA) $ 0.509055
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,574.09
  • turboTurbo (TURBO) $ 0.008514
  • the-sandboxThe Sandbox (SAND) $ 0.245492
  • akash-networkAkash Network (AKT) $ 2.35
  • wormholeWormhole (W) $ 0.214239
  • superfarmSuperVerse (SUPER) $ 1.27
  • zcashZcash (ZEC) $ 38.07
  • axelarAxelar (AXL) $ 0.687014
  • nervos-networkNervos Network (CKB) $ 0.012369
  • ethereum-name-serviceEthereum Name Service (ENS) $ 16.59
  • book-of-memeBOOK OF MEME (BOME) $ 0.007902
  • chilizChiliz (CHZ) $ 0.059413
  • pax-goldPAX Gold (PAXG) $ 2,743.05
  • decentralandDecentraland (MANA) $ 0.287901
  • gnosisGnosis (GNO) $ 203.50
  • goatseus-maximusGoatseus Maximus (GOAT) $ 0.525999
  • safeSafe (SAFE) $ 1.05
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,508.85
  • beldexBeldex (BDX) $ 0.076446
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000089
  • roninRonin (RON) $ 1.38
  • true-usdTrueUSD (TUSD) $ 0.997945
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 2,714.51
  • arkhamArkham (ARKM) $ 1.64
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000023
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.74
  • aioz-networkAIOZ Network (AIOZ) $ 0.421417
  • zksyncZKsync (ZK) $ 0.129510
  • eigenlayerEigenlayer (EIGEN) $ 2.51
  • havvenSynthetix Network (SNX) $ 1.39
  • grassGrass (GRASS) $ 1.83
  • dexeDeXe (DEXE) $ 7.84
  • dydxdYdX (ETHDYDX) $ 0.986357
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 0.441158
  • apenftAPENFT (NFT) $ 0.00000044
  • oasis-networkOasis (ROSE) $ 0.064027
  • blurBlur (BLUR) $ 0.212253
  • trust-wallet-tokenTrust Wallet (TWT) $ 0.999523
  • frax-etherFrax Ether (FRXETH) $ 2,495.91
  • usdbUSDB (USDB) $ 1.00
  • xdce-crowd-saleXDC Network (XDC) $ 0.027092
  • hashnote-usycHashnote USYC (USYC) $ 1.07
  • super-oethSuper OETH (SUPEROETHB) $ 2,506.99
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.07
  • astarAstar (ASTR) $ 0.053168
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 69,413.00
  • bitcoin-goldBitcoin Gold (BTG) $ 22.38
  • iotaIOTA (IOTA) $ 0.110916
  • dog-go-to-the-moon-runeDOG•GO•TO•THE•MOON (Runes) (DOG) $ 0.003794
  • l2-standard-bridged-weth-blastL2 Standard Bridged WETH (Blast) (WETH) $ 2,506.18
  • iotexIoTeX (IOTX) $ 0.039224
  • compound-governance-tokenCompound (COMP) $ 42.08
  • stepnGMT (GMT) $ 0.127016
  • binance-peg-busdBinance-Peg BUSD (BUSD) $ 1.00
  • livepeerLivepeer (LPT) $ 10.27
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 2,506.43
  • layerzeroLayerZero (ZRO) $ 3.25
  • usual-usdUsual USD (USD0) $ 0.999325
  • constitutiondaoConstitutionDAO (PEOPLE) $ 0.069286
  • baby-doge-coinBaby Doge Coin (BABYDOGE) $ 0.00000000
  • kavaKava (KAVA) $ 0.324092
  • theta-fuelTheta Fuel (TFUEL) $ 0.051648
  • memecoin-2Memecoin (MEME) $ 0.011566
  • aleoALEO (ALEO) $ 1.48
  • binance-staked-solBinance Staked SOL (BNSOL) $ 168.34
  • quantixaiQuantixAI (QAI) $ 86.41
  • celoCelo (CELO) $ 0.604055
  • woo-networkWOO (WOO) $ 0.181228
  • echelon-primeEchelon Prime (PRIME) $ 6.70
  • reserve-rights-tokenReserve Rights (RSR) $ 0.006374
  • safepalSafePal (SFP) $ 0.680342
  • zetachainZetaChain (ZETA) $ 0.642004
  • ethereum-pow-iouEthereumPoW (ETHW) $ 3.04
  • swethSwell Ethereum (SWETH) $ 2,693.07
  • pepecoin-2PepeCoin (PEPECOIN) $ 2.65
  • stader-ethxStader ETHx (ETHX) $ 2,622.50
  • dogs-2Dogs (DOGS) $ 0.000609
  • metaplexMetaplex (MPLX) $ 0.413737
  • wemix-tokenWEMIX (WEMIX) $ 0.756085
  • 1inch1inch (1INCH) $ 0.244167
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.161488
  • chex-tokenCHEX Token (CHEX) $ 0.301526
  • staked-frax-etherStaked Frax Ether (SFRXETH) $ 2,754.11
  • curve-dao-tokenCurve DAO (CRV) $ 0.246068
  • golemGolem (GLM) $ 0.298437
  • fwogFwog (FWOG) $ 0.305547
  • dymensionDymension (DYM) $ 1.40
  • jito-governance-tokenJito (JTO) $ 2.26
  • amp-tokenAmp (AMP) $ 0.003589
  • justJUST (JST) $ 0.029187
  • ether-fiEther.fi (ETHFI) $ 1.39
  • holotokenHolo (HOT) $ 0.001620
  • tbtctBTC (TBTC) $ 69,419.00
  • compound-wrapped-btccWBTC (CWBTC) $ 1,397.84
  • osmosisOsmosis (OSMO) $ 0.401826
  • ultimaUltima (ULTIMA) $ 6,702.54
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 2,654.87
  • aevo-exchangeAevo (AEVO) $ 0.311327
  • polygon-bridged-wbtc-polygon-posPolygon Bridged WBTC (Polygon POS) (WBTC) $ 69,620.00
  • mask-networkMask Network (MASK) $ 2.72
  • verus-coinVerus (VRSC) $ 3.50
  • dashDash (DASH) $ 22.65
  • zilliqaZilliqa (ZIL) $ 0.014068
  • ponkePONKE (PONKE) $ 0.488002
  • 0x0x Protocol (ZRX) $ 0.312679
  • mx-tokenMX (MX) $ 2.73
  • kusamaKusama (KSM) $ 16.49
  • siacoinSiacoin (SC) $ 0.004473
  • moonwell-artemisMoonwell (WELL) $ 0.087391
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 69,551.00
  • aelfaelf (ELF) $ 0.348687
  • olympusOlympus (OHM) $ 15.86
  • coinex-tokenCoinEx (CET) $ 0.090194
  • corgiaiCorgiAI (CORGIAI) $ 0.000729
  • aragonAragon (ANT) $ 6.24
  • nosanaNosana (NOS) $ 2.94
  • enjincoinEnjin Coin (ENJ) $ 0.140072
  • metis-tokenMetis (METIS) $ 40.34
  • manta-networkManta Network (MANTA) $ 0.640159
  • apu-s-clubApu Apustaja (APU) $ 0.000754
  • gasGas (GAS) $ 3.76
  • quoriumQuorium (QGOLD) $ 2,728.59
  • ankrAnkr Network (ANKR) $ 0.024157
  • ravencoinRavencoin (RVN) $ 0.016720
  • polymeshPolymesh (POLYX) $ 0.218829
  • basic-attention-tokenBasic Attention (BAT) $ 0.160680
  • benqi-liquid-staked-avaxBENQI Liquid Staked AVAX (SAVAX) $ 29.12
  • origintrailOriginTrail (TRAC) $ 0.577771
  • qtumQtum (QTUM) $ 2.23
  • non-playable-coinNon-Playable Coin (NPC) $ 0.028811
  • terra-luna-2Terra (LUNA) $ 0.336479
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 1.00
  • project-galaxyGalxe (GAL) $ 1.76
  • pumpbtcpumpBTC (PUMPBTC) $ 69,537.00
  • amnis-aptosAmnis Aptos (AMAPT) $ 8.73
  • osaka-protocolOsaka Protocol (OSAK) $ 0.00000029
  • harrypotterobamasonic10inHarryPotterObamaSonic10Inu (ETH) (BITCOIN) $ 0.215198
  • mimblewimblecoinMimbleWimbleCoin (MWC) $ 19.59
  • altlayerAltLayer (ALT) $ 0.092528
  • biconomyBiconomy (BICO) $ 0.235721
  • g-tokenGravity (G) $ 0.029077
  • gmxGMX (GMX) $ 21.43
  • solayer-staked-solSolayer Staked SOL (SSOL) $ 171.63
  • rocket-poolRocket Pool (RPL) $ 9.96
  • ousgOUSG (OUSG) $ 108.67
  • threshold-network-tokenThreshold Network (T) $ 0.020812
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,625.11
  • illuviumIlluvium (ILV) $ 34.00
  • bridged-wrapped-ether-starkgateBridged Ether (StarkGate) (ETH) $ 2,512.33
  • availAvail (AVAIL) $ 0.110247
  • delysiumDelysium (AGI) $ 0.163981
  • nxmNexus Mutual (NXM) $ 57.02
  • simon-s-catSimon's Cat (CAT) $ 0.000030
  • singularitynetSingularityNET (AGIX) $ 0.529182
  • umaUMA (UMA) $ 2.35
  • tribe-2Tribe (TRIBE) $ 0.430287
  • decredDecred (DCR) $ 11.91
  • bitkub-coinBitkub Coin (KUB) $ 2.19
  • big-timeBig Time (BIGTIME) $ 0.167031
  • saga-2Saga (SAGA) $ 1.84
  • aethirAethir (ATH) $ 0.047655
  • ioio.net (IO) $ 1.59
  • zelcashFlux (FLUX) $ 0.505984
  • paal-aiPAAL AI (PAAL) $ 0.222330
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 2,642.69
  • chiaChia (XCH) $ 13.53
  • retardioRETARDIO (RETARDIO) $ 0.188222
  • sun-tokenSun Token (SUN) $ 0.018956
  • usdx-money-usdxusdx.money USDX (USDX) $ 1.00
  • moo-dengMoo Deng (MOODENG) $ 0.182015
  • michicoinmichi ($MICHI) $ 0.322495
  • ghoGHO (GHO) $ 0.999239
  • qubic-networkQubic (QUBIC) $ 0.000002
  • mapleMaple (MPL) $ 22.55
  • skaleSKALE (SKL) $ 0.033948
  • api3API3 (API3) $ 1.50
  • hamster-kombatHamster Kombat (HMSTR) $ 0.002708
  • usd-coin-ethereum-bridgedArbitrum Bridged USDC (Arbitrum) (USDC.E) $ 1.00
  • banana-gunBanana Gun (BANANA) $ 49.88
  • yield-guild-gamesYield Guild Games (YGG) $ 0.449849
  • blastBlast (BLAST) $ 0.007787
  • space-idSPACE ID (ID) $ 0.394762
  • instadappInstadapp (INST) $ 2.01
  • wrapped-ether-mantle-bridgeWrapped Ether (Mantle Bridge) (WETH) $ 2,508.46
  • alchemix-usdAlchemix USD (ALUSD) $ 0.990407
  • radixRadix (XRD) $ 0.015598
  • magaMAGA (TRUMP) $ 3.59
  • mythosMythos (MYTH) $ 0.221892
  • gmt-tokenGomining Token (GOMINING) $ 0.391964
  • rollbit-coinRollbit Coin (RLB) $ 0.067133
  • compound-ethercETH (CETH) $ 50.41
  • swipeSolar (SXP) $ 0.258397
  • cotiCOTI (COTI) $ 0.088499
  • clearpoolClearpool (CPOOL) $ 0.223791
  • yearn-financeyearn.finance (YFI) $ 4,693.48
  • swissborgSwissBorg (BORG) $ 0.159661
  • rune-pupsPUPS•WORLD•PEACE (PUPS) $ 0.157566
  • wexoWexo (WEXO) $ 3.01
  • ontologyOntology (ONT) $ 0.171259
  • band-protocolBand Protocol (BAND) $ 1.06
  • frax-shareFrax Share (FXS) $ 1.83
  • elixir-deusdElixir deUSD (DEUSD) $ 1.00
  • tellorTellor Tributes (TRB) $ 58.28
  • kadenaKadena (KDA) $ 0.513741
  • audiusAudius (AUDIO) $ 0.118811
  • centrifugeCentrifuge (CFG) $ 0.298126
  • renzo-restaked-lstRenzo Restaked LST (PZETH) $ 2,967.13
  • ocean-protocolOcean Protocol (OCEAN) $ 0.548904
  • treehouse-ethTreehouse ETH (TETH) $ 2,965.53
  • loopringLoopring (LRC) $ 0.119041
  • degen-baseDegen (Base) (DEGEN) $ 0.008637
  • arcblockArcblock (ABT) $ 1.50
  • abtcaBTC (ABTC) $ 67,924.00
  • venomVenom (VENOM) $ 0.077308
  • harmonyHarmony (ONE) $ 0.011804
  • bitcoin-wizardsBitcoin Wizards (WZRD) $ 6.86
  • xai-blockchainXai (XAI) $ 0.195347
  • nemNEM (XEM) $ 0.015895
  • hivemapperHivemapper (HONEY) $ 0.051845
  • creditcoin-2Creditcoin (CTC) $ 0.372543
  • kelp-gainKelp Gain (AGETH) $ 2,560.45
  • across-protocolAcross Protocol (ACX) $ 0.326776
  • moonbeamMoonbeam (GLMR) $ 0.151827
  • deepDeepBook (DEEP) $ 0.055358
  • ozone-chainOzone Chain (OZO) $ 0.225878
  • metars-genesisMetars Genesis (MRS) $ 1.60
  • merlin-chainMerlin Chain (MERL) $ 0.276260
  • stasis-eursSTASIS EURO (EURS) $ 1.09
  • orcaOrca (ORCA) $ 2.54
  • luna-by-virtualsLuna by Virtuals (LUNA) $ 0.132968
  • chromawayChromia (CHR) $ 0.160434
  • bloxBlox (CDT) $ 0.194100
  • terrausdTerraClassicUSD (USTC) $ 0.022388
  • sundogSundog (SUNDOG) $ 0.130295
  • zignalyZignaly (ZIG) $ 0.090638
  • sushiSushi (SUSHI) $ 0.673450
  • iconICON (ICX) $ 0.125927
  • cronos-bridged-usdc-cronosCronos Bridged USDC (Cronos) (USDC) $ 1.00
  • kinesis-goldKinesis Gold (KAU) $ 88.24
  • convex-financeConvex Finance (CVX) $ 1.57
  • lorenzo-stbtcLorenzo stBTC (STBTC) $ 66,990.00
  • h2o-daoH2O Dao (H2O) $ 0.155244
  • ssv-networkSSV Network (SSV) $ 18.07
  • reserve-protocol-eth-plusETHPlus (ETH+) $ 2,572.82
  • edu-coinOpen Campus (EDU) $ 0.489387
  • ecoin-2Ecoin (ECOIN) $ 0.000275
  • hoppy-memeHoppy (HOPPY) $ 0.000299
  • liskLisk (LSK) $ 0.776652
  • kaminoKamino (KMNO) $ 0.092721
  • scrollScroll (SCR) $ 0.658612
  • kinesis-silverKinesis Silver (KAG) $ 32.86
  • oec-tokenOKT Chain (OKT) $ 6.94
  • pixelsPixels (PIXEL) $ 0.159735
  • vethor-tokenVeThor (VTHO) $ 0.001492
  • mumu-the-bull-3MUMU THE BULL (MUMU) $ 0.000053
  • pups-ordinalsPUPS (Ordinals) [OLD] (PUPS) $ 15.62
  • drift-protocolDrift Protocol (DRIFT) $ 0.491550
  • goldfinchGoldfinch (GFI) $ 1.39
  • ampleforthAmpleforth (AMPL) $ 1.21
  • andy-the-wisguyANDY ETH (ANDY) $ 0.000118
  • humans-aiHumans.ai (HEART) $ 0.018404
  • zencashHorizen (ZEN) $ 7.45
  • everipediaIQ (IQ) $ 0.005957
  • spectralSpectral (SPEC) $ 9.51
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South Korea to Curb Illegal Cross-Border Crypto Trading

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Regulators are creating guidelines around overseas remittances involving crypto assets.

South Korea to Curb Illegal Cross-Border Crypto Trading

Key Takeaways

  • According to a report from Korea Economic Daily, there has been a sudden rise in bank transactions from Korea to China.
  • Regulators suspect the transactions may be related to crypto traders looking for cross-border arbitrage opportunities.
  • South Korea’s leading financial regulator is reportedly formulating new guidelines to strengthen the monitoring of cross-border transactions connected with cryptocurrency.
  • South Korea may soon curb overseas cryptocurrency transactions that take advantage of arbitrage trading opportunities.

    The Kimchi Premium

    According to a report from Korea Economic Daily, there has been a sudden rise in transactions between Korea and China.

    The country’s leading banks found fiat transfers of $72.7 million (81.2 billion won) to China between Apr. 1 and Apr. 9. This was an eightfold increase from $9.07 million in total for the whole of March.

    Korean regulators suspect that the sudden spike in transactions is linked to cryptocurrency purchases that were carried out on foreign exchanges, made with the intention of selling the same cryptocurrency on domestic exchanges at a premium.

    Regulators suspect the transactions may be related to crypto traders looking to arbitrage the kimchi premium—the difference in the price of cryptocurrencies on Korean and global exchanges.

    Such price differences occur during extreme optimism among Korean crypto speculators. Since the beginning of 2021, Bitcoin has been trading at a higher rate than the global average price on Korean exchanges due to a bullish market.

    This premium climbed above 20% in early April, which may have driven the opportunity through overseas bank transactions.

    South Korea’s FSS Will Take Action

    South Korea’s leading financial regulator, the Financial Supervisory Service (FSS), said it was concerned about a potential increase in money laundering and fraud risks due to such overseas transactions.

    Now, FSS is creating guidelines to strengthen the monitoring of cross-border transactions connected with cryptocurrency.

    “Authorities will keep monitoring any signs of illegal trading activities in the cryptocurrency market here and team up with global institutions to systematically deal with unlawful acts made through overseas exchanges,” an official told the Korea Times.

    Korean regulators previously banned domestic exchanges from serving foreigners to prevent price differences from being exploited by investors seeking arbitrage.

    However, given today’s news, that solution seems to have been insufficient.

    Disclosure: The author does not hold the cryptocurrency mentioned in this article at the time of publication.

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    Source: cryptobriefing.com

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