Question 1

What is the current Chainlink (LINK) kimchi premium?

Accepted Answer

The Chainlink kimchi premium shows the price difference between LINK on Korean exchanges (Upbit) vs global exchanges (Binance). This page tracks the real-time LINK premium with auto-refresh every 15 seconds.

Question 2

How is LINK Korea premium calculated?

Accepted Answer

LINK Korea premium (%) = ((Upbit LINK/KRW price) / (Binance LINK/USDT price × USD/KRW exchange rate) - 1) × 100. A positive value means LINK is more expensive on Korean exchanges.

Question 3

Why does Chainlink have a different price on Korean exchanges?

Accepted Answer

Chainlink prices on Korean exchanges like Upbit often differ from global prices due to strong domestic demand, capital movement restrictions, limited arbitrage opportunities, and the isolated nature of the Korean won (KRW) crypto market.

Question 4

Can I arbitrage LINK between Upbit and Binance?

Accepted Answer

While the LINK price difference exists, profitable arbitrage is difficult due to Korean capital controls, transfer times and fees, exchange withdrawal limits, and regulatory restrictions. The premium is better used as a market sentiment indicator.

Chainlink (LINK) Korea Premium

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