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Ondo Leads Korean Crypto Index; Worldcoin’s Local Share Is 62.3 Times Its Overseas Share

The 52-asset comparison put Ondo at 87.9 index points; Worldcoin fell 15.80% over the week.

Updated 2 min read
A commuter checks a cryptocurrency app on a phone in Seoul’s Yeouido financial district / EconoTimes.ai
A commuter checks a cryptocurrency app on a phone in Seoul’s Yeouido financial district / EconoTimes.ai

A 52-asset comparison on Oct. 31 placed Ondo (ONDO) first on South Korea’s interest index and Worldcoin (WLD) second on local concentration at 62.3 times its overseas share, showing the measures rank activity differently.

ONDO had the largest reported local-to-overseas ratio, at 62.5. Its displayed shares were 2.81% in South Korea and 0.04% overseas. WLD followed at 62.3, with 3.16% of Korean trading. The ratio describes relative concentration, not overall trading volume.

The index order was different. ONDO scored 87.9 points, Ethena (ENA) placed second at 85.7 and WLD ranked third at 80.6. ENA represented 3.01% of Korean trading, between the shares reported for ONDO and WLD.

Over 24 hours, South Korean turnover was about 30.3 billion won for ONDO, 32.5 billion won for ENA and 34.2 billion won for WLD. WLD had the highest turnover among the three but ranked third on the index.

The score also factors in each asset’s domestic and overseas trading shares, the kimchi premium (a difference between Korean and overseas prices) and recent trading surges, with emphasis on turnover. The ratio measures relative trading shares, while the index combines those measures. TRON (TRX) had the highest reported Korean price premium at 0.70%; Dogecoin (DOGE) was also in positive territory at 0.31%. Bitcoin (BTC) recorded elevated activity.

WLD’s price fell 15.80% over the previous week, and its trading-surge reading was among the weakest in the group. USDC had the strongest reading for activity relative to usual levels and gained 0.02% over 24 hours.

An earlier EconoTimes comparison of 53 assets put ONDO’s local-to-overseas ratio at 22.5.

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