Korbit
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Protocol TVL
About Korbit
Korbit is a cryptocurrency exchange that was founded in South Korea.
Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.
Korbit Timeline
Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.
- Nov 22, 2022Listed on DeFiLlama
Protocol Profile
Korbit operates in the CEX category of DeFi. It is deployed across 3 chains, including Bitcoin, Ethereum, Ripple. No public audit reports are listed on DeFiLlama for this protocol.
TVL Distribution by Chain
TVL spans 3 chains across the deployment. See the breakdown below for per-chain values.
Supported Chains
Protocol Footprint
Korbit operates on 3 networks (Bitcoin, Ethereum, Ripple), keeping its surface area narrower than chain-agnostic peers. Roughly 100% of its on-chain value sits on just three networks (Bitcoin, Ethereum, Ripple), so a fault on any one of them would affect a large slice of users. No public audit reports are linked from DeFiLlama for this protocol despite a non-trivial TVL — treat any deposit as carrying material smart-contract risk.
Official Resources & Links
Verified external resources for Korbit — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.
Other CEX protocols on Mantapex
Korbit is one of 7 CEX protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Binance CEX, OKX, Bitfinex, and 3 more. These peer protocols collectively secure $228.7B in deposits, giving you a frame of reference for whether Korbit's own TVL is at the top, middle, or tail of the category.
Recent Korbit news
Latest reporting from major crypto news outlets covering Korbit.
- Coinpaper
XRP Rockets Past $3.20 as Korbit Transfers Close to 10M Coins in Mega Move
XRP surges past $3.20 as Korbit transfers nearly 10M coins, signaling strong market momentum and rising institutional activity in the crypto space.
- BeInCrypto
“Bitcoin to $170K: Reaganomics 2.0 Will Send BTC Soaring in 2026”
South Korea's Korbit Research Center projects Bitcoin to trade between $140,000 and $170,000 in 2026, citing US fiscal policy reforms and structural institutional demand as…
- Cryptonews
South Korea to Allow Spot Bitcoin ETFs in 2026 Growth Plan
South Korea's 2026 Economic Growth Strategy includes spot Bitcoin ETF introduction following active trading in US and Hong Kong markets, while phase-two digital asset legislation…
- The Currency Analytics
Ripple Settlement Hopes Pushed XRP Volumes Above Bitcoin on South Korean Exchanges This Week
XRP trading volumes soared above Bitcoin (BTC) on South Korean crypto exchanges this week, driven by heightened market activity and settlement hopes related to Ripple Labs' legal…
- Crypto Daily
WEMIX Potential Delisting Explained, Gaming Giant Goes All Out To Regain Confidence
On November 24, price of WEMIX, utility coin of one of the P2E leaders “Wemix”, plunged 70%. This was a direct result of the unilateral decision by the 4 largest exchanges in…
Related protocols
Other DeFi protocols connected to Korbit by category, deployment chain, or shared codebase lineage — useful for comparing TVL, fee models, or audit posture across direct peers.
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Risk Warning
DeFi protocols carry inherent risks including smart contract vulnerabilities, liquidity risks, and potential loss of funds. Always do your own research before investing.
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