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Magic Eden Kimchi Premium · Live (ME)

Magic Eden's kimchi premium is now -1.89%. It compares the Korean price of 81 KRW with the Binance price at the USD/KRW rate (1,341.08 KRW). Over the last 24 hours the low was -2.98%, the high -0.45% and the average -1.87%.

• Kimchi premium (FX basis)-1.89%
• Tether basis-1.96%
• 24h Change+1.89%
• 24h trading value₩500M

FX 1,341.08Tether 1,342 ▲ +0.07%Market $2.72T ▼ -2.07%24H Vol $63.5BBTC Dom. 59.46%F&G 51 Neutral

BTCETHXRPSOLDOGEADATRXBCHETCBLURPEPEAUCTIONSAHARAUSDTME

BaseBinance default▾

Binance defaultSeychellesSC OKXUSAUS CoinbaseUAEAE BybitGlobalGL Gate

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Binance (default)Seychelles OKXUSA CoinbaseUAE BybitGlobal GateCanada KrakenGlobal HTX (formerly Huobi)Global BitgetBritish Virgin Islands BitfinexPhilippines Coins.phThailand BitkubJapan bitFlyerIndonesia IndodaxAustralia BTC Markets

Exchange	Price (KRW)	24h Change	Kimchi Premium
Korean exchanges (4)Korean won (KRW) markets
Upbit	81.00KRW	▲ 1.50+1.89%	+0.03%
Bithumb	80.22KRW	▲ 1.20+1.52%	-0.93%
Coinone	78.10KRW	0.000.00%	-3.55%
Digital X	78.67KRW	0.000.00%	-2.85%
Global exchanges (7)Major global exchanges
Binance	80.97KRW	▲ 0.98+1.22%	Base
Seychelles · $0.0604OKX	80.96KRW	▲ 1.03+1.29%	-
USA · $0.0603Coinbase	80.80KRW	▲ 1.15+1.45%	-
UAE · $0.0603Bybit	80.81KRW	▲ 0.79+0.99%	-
Global · $0.0604Gate	80.97KRW	▲ 1.32+1.66%	-
Global · $0.0604HTX	81.00KRW	▼ 2.41-2.89%	-
Global · $0.0603Bitget	80.91KRW	▲ 0.93+1.16%	-
Other countries (2)Asia and other countries (local currency markets)Local currency markets
Thailand · ฿2.03Bitkub	80.85KRW	0.000.00%	-
Indonesia · Rp1,128Indodax	83.20KRW	▲ 1.85+2.27%	-

Kimchi premium trend, last 24h

Loading kimchi premium records…

ME premium (median): -1.89%Tether basis (median): -1.96%Updated 10:45:49 PMSource: Alternative.me

What is Magic Eden?

The coin of the NFT marketplace 'Magic Eden'. It started on Solana and now trades NFTs on several blockchains, including Bitcoin and Ethereum.

Magic Eden kimchi premium: recent history

The ME kimchi premium recorded by CoinGaja every 1 hour (Binance, FX basis).

• Last 7 days Average +0.06% · highest +1.81% (Oct 25, 02:00) · lowest -2.57% (Oct 28, 12:00) · time in reverse premium (negative) 42%

Exchanges listing Magic Eden

Korea: Upbit, Bithumb, Coinone, Digital X (formerly Korbit) (4 exchanges) — the main kimchi premium is the median of these exchanges' prices.

Overseas comparison: Binance, OKX, Coinbase(USA), Bybit, Gate, HTX (formerly Huobi), Bitget, Bitkub (Thailand), Indodax (Indonesia) — All prices by country

Based on the exchanges CoinGaja currently gets prices from. Check each exchange's notices for listings and delistings.

How to read the Magic Eden kimchi premium

The kimchi premium is the percentage by which the same coin trades higher (or lower) on Korean exchanges than on overseas exchanges. Positive means Korea is more expensive; negative (a reverse premium) means Korea is cheaper. The table above compares the ME price on Upbit, Bithumb, Coinone and Digital X (formerly Korbit) with the Binance price, and also shows prices on overseas exchanges in Japan, Thailand, the USA and more.

By 24h trading value in Korea, Magic Eden currently ranks #104 of the 120 coins CoinGaja covers. The less a coin is traded, the more the price gap between exchanges and the kimchi premium can move.

New to the kimchi premium? Read What is the kimchi premium? Meaning and calculation first.

Kimchi premium of other coins