Insights
Kimchi Premium
Shows how much more (or less) coins cost on Korean won exchanges than on global exchanges.
Chart
Pick a coin from the list to switch the chart · Spot 15m
Kimchi premium by exchange
New to this indicator?
What is the kimchi premium? A thermometer showing how much more (premium) or less (reverse premium) the same coin trades for on Korean won exchanges than overseas.
What is the kimchi premium?
It is the percentage gap when a coin trades higher on Korean won exchanges than on global exchanges. A 3% premium means you pay 3% more in Korea for the same coin.
Why is Korea's price different?
Limits on foreigners opening accounts and capital-flow rules make it hard to move coins between Korean and global exchanges to close the gap, so prices drift apart when domestic demand heats up.
What is a reverse premium?
The opposite case: Korean prices sit below global prices. It shows up when domestic buying cools or when overseas markets rally first.
From what level is it a warning sign?
There is no fixed rule, but a premium above about 4% is often read as an overheated domestic market, while a persistent reverse premium is read as weak domestic demand. Watch whether the gap is widening or narrowing rather than a single reading.