Upbit operator Dunamu Q2's operating profit fell 73% month-on-month to 235 billion won

In comparison, Upbit operator Dunamu announced results for the second quarter of 2026, with quarterly revenue of 173.5 billion won (approximately US$123 million) and operating profit of 23.5 billion won (approximately US$16.65 million), down about 26% and 73% respectively from the first quarter.

In the first quarter, Dunamu had revenue of 234.6 billion won (approximately US$166 million) and operating profit of 88 billion won (approximately US$62.34 million). Dunamu said that the decline in results this quarter was mainly affected by the contraction in overall liquidity in the global digital asset market, and investor sentiment weakened as a result.