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Cumulative turnover in Korean-stock perpetual futures listed on offshore crypto exchanges reached roughly KRW 307 trillion within a few months of 2026, as venues extend perps from coins into equities and commodities. The transmission channel is price discovery and liquidity leakage: leveraged, 24/7 offshore positioning on Korean names can front-run KRX cash and futures sessions, dilute domestic order-book depth, and add unhedged FX and basis exposure outside Korean regulatory reach. Watch whether KOSPI single-stock volatility begins tracking overnight offshore funding and open interest, and whether the FSC or FSS moves on access restrictions or disclosure rules, which would be the first sign this liquidity gets repatriated or pushed further offshore.
As a Research signal, confirm the link to liquidity, rates, policy timing, and price reaction before drawing a trading conclusion.
Original Source: 블록미디어
This page is market information analysis, not investment advice.
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