BroadChain has learned that Dunamu, the parent company of South Korea's largest cryptocurrency exchange Upbit, reported declines in both revenue and profit for 2025, according to its annual financial report released on March 30, as covered by Korean media outlet Decenter.
Consolidated financial statements show Dunamu's 2025 revenue reached KRW 1.56 trillion (approximately USD 1.097 billion), a 10.0% year-on-year decrease from KRW 1.73 trillion. Operating profit was KRW 869.3 billion (about USD 611 million), down 26.7% from KRW 1.18 trillion the previous year. Net profit totaled KRW 708.9 billion (roughly USD 498 million), marking a 27.9% decline from KRW 983.8 billion.
The performance drop is reportedly linked to reduced trading volumes in the crypto-asset market during a broader global economic slowdown. Dunamu's revenue remains heavily reliant on trading fees, which made up 98.26% of its total revenue in 2025.