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CoinGecko data on September 14 shows Upbit experienced a 22.5% decline in its 24-hour trading volume, which settled at $25.85 billion.
The DOGE/KRW trading pair represented 13.6% of total exchange turnover, making it the largest contributor within the Korean won trading market; the subsequent top five pairs were XRP, SOL, ETH and LINEA.
Such concentration underscores how liquidity is distributed across specific KRW pairs; market participants, including traders, market analysts and risk managers, should monitor pair-level flows and order-book depth when evaluating near-term exposure.
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