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Over 100 Altcoins on Korbit and Coinone Face Liquidity Crisis
Finance · Investment Banks/Brokers · yonhap_finance · 2026-09-07
Dozens of altcoins listed on Korean exchanges Korbit and Coinone are seeing zero daily trading volume, raising concerns over extreme price volatility.
What Happened
Trading Stagnation: A significant number of altcoins listed on Korean cryptocurrency exchanges Korbit and Coinone have recorded zero trading volume over a 24-hour period. This indicates that many listed assets are effectively dormant, suffering from a complete lack of user interest and market activity.
Volatility Risks: Due to the lack of liquidity, these dormant coins exhibit extreme price swings even with minimal transaction amounts. Discrepancies in pricing between exchanges can reach up to 20%, exposing investors to significant risks of slippage and unfavorable execution prices.
Structural Limitations: The current regulatory environment in Korea restricts exchanges from acting as direct liquidity providers, making it difficult to stimulate trading through marketing events alone. Industry experts note that low liquidity often leads to wider bid-ask spreads, which can cost investors more than the savings from fee waivers.
Call for Reform: To address these liquidity gaps, industry participants are advocating for the introduction of professional market makers and liquidity providers under clear regulatory oversight. There is a growing consensus that allowing institutional participation could help stabilize the market and improve trading conditions for retail investors.