Question 1

What is the current Solana (SOL) kimchi premium?

Accepted Answer

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

Question 2

How is SOL Korea premium calculated?

Accepted Answer

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

Question 3

Why does Solana have a different price on Korean exchanges?

Accepted Answer

Solana 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 SOL between Upbit and Binance?

Accepted Answer

While the SOL 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.

Solana (SOL) Korea Premium

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