Upbit operator Dunamu disclosed Q2 performance: operating profit of 23.5 billion won, a 73% decrease quarter-on-quarter

Upbit operator Dunamu announced its performance for the second quarter of 2026, with quarterly revenue of 173.5 billion won (approximately 12.3 million USD) and operating profit of 23.5 billion won (approximately 1.665 million USD), a decrease of about 26% and 73% respectively compared to the first quarter.

In the first quarter, Dunamu's revenue was 234.6 billion won (approximately 16.6 million USD) and operating profit was 88 billion won (approximately 6.234 million USD). Dunamu stated that the decline in performance this quarter was mainly affected by the overall liquidity contraction in the global digital asset market, leading to weakened investor sentiment.