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Ondo (ONDO) Posts South Korea's Top Crypto Trading Share Ratio at 31.1 Times

NEAR led a separate South Korean interest index with 85 points, ahead of Worldcoin (WLD) at 83.2.

Updated 1 min read
A commuter checks a phone on a street in Seoul’s Yeouido district. / EconoTimes.ai
A commuter checks a phone on a street in Seoul’s Yeouido district. / EconoTimes.ai

Ondo (ONDO) led an Oct. 21 comparison of 57 crypto assets on a measure of trading concentration, with its reported South Korean-to-overseas share ratio reaching 31.1 times.

The displayed data put ONDO at 3.00% of trading in South Korea and 0.10% overseas. The ratio compares an asset's portion of trading in each market; a higher figure indicates a greater concentration in South Korea. Bitcoin (BTC) had the largest South Korean trading share among assets other than stablecoins.

A 54-asset interest ranking for Oct. 20 placed Worldcoin (WLD) first and ONDO second. In the Oct. 21 ranking, NEAR led with 85 points, followed by WLD at 83.2. NEAR accounted for 4.97% of South Korean trading and 59.38 billion won in turnover; WLD accounted for 8.53% and 101.95 billion won.

The interest index emphasizes actual trading turnover and also considers trading shares in both markets, the Korean price premium and recent changes in activity. It measures more than the geographic concentration captured by the share ratio.

PEPE posted the strongest jump in activity against its usual trading level and gained 7.72% on the day. Dogecoin (DOGE) had the largest Korean price premium, at 0.51%.

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