Upbit, operated by Dunamu, recorded operating revenue of 1.56 trillion won ($1.03 billion) in 2025, a 10% drop compared to 2024. The company explained that most of the decline stems from a drop in trading platform fees, which accounted for 98.3% of total revenue at 1.53 trillion won ($1.01 billion), down from 1.71 trillion won ($1.13 billion) the previous year. The remaining 1.7% of revenue came from supplementary services such as its securities app and blockchain infrastructure.
Consolidated operating revenue closed at 1.56 trillion South Korean won (approximately $1.03 billion), down from 1.73 trillion won ($1.1 billion) in the prior cycle. Operating profit plunged 26.7% to 869.3 billion won ($573 million), while net profit fell 27.9% to 708.9 billion won ($468 million).
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