TechFlow News, March 30: According to South Korean media outlet Decenter, Dunamu—the operator of South Korea’s largest cryptocurrency exchange, Upbit—released its 2025 annual financial report, showing declines in both revenue and profit.
According to its consolidated financial statements, Dunamu’s 2025 operating revenue amounted to KRW 1.56 trillion, down 10.0% year-on-year (KRW 1.73 trillion in the same period last year); operating profit stood at KRW 869.3 billion, down 26.7% year-on-year (KRW 1.18 trillion in the same period last year); and net profit totaled KRW 708.9 billion, down 27.9% year-on-year (KRW 983.8 billion in the same period last year).
The report attributes the decline primarily to shrinking trading volumes in the cryptocurrency market amid a broader global economic downturn. Dunamu’s revenue structure remains highly concentrated on trading fees, which accounted for 98.26% of total revenue in 2025.
