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Upbit's parent company Dunamu announced its 2025 revenue: total revenue of 1.56 trillion won, a year-on-year decrease of 10.0%
According to a report by South Korean media Decenter, Dunamu, the operator of South Korea's largest cryptocurrency exchange Upbit, has released its annual performance report for 2025, showing a decline in both revenue and profit.
According to the consolidated financial statements, Dunamu's operating revenue for 2025 was 1.56 trillion won, a year-on-year decrease of 10.0% (compared to 1.73 trillion won in the same period last year); operating profit was 869.3 billion won, a year-on-year decrease of 26.7% (compared to 1.18 trillion won in the same period last year); net profit was 708.9 billion won, a year-on-year decrease of 27.9% (compared to 983.8 billion won in the same period last year).
Reports indicate that the decline in performance is mainly attributed to the shrinking trading volume in the cryptocurrency market against the backdrop of a global economic downturn. Dunamu's revenue structure is highly concentrated on trading fees, which accounted for 98.26% of total revenue in 2025.
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