Upbit operator Dunamu's Q1 operating profit fell by 78% year-on-year

According to Asia Economy, Upbit operator Dunamu disclosed that the consolidated revenue for the first quarter of 2026 was approximately $157 million, a year-on-year decrease of 55%; operating profit was approximately $59 million, a year-on-year decrease of 78%; and net profit was approximately $46.6 million, a year-on-year decrease of 78%.

Dunamu stated that the decline in performance was mainly affected by the global economic slowdown and the decrease in trading volume in the virtual asset market.