According to Deep Tide TechFlow, on October 23, data submitted by the Financial Supervisory Service of Korea to the National Assembly's Policy Committee shows that from January 2018 to August 2024, among the 1482 cryptocurrencies listed by the five largest cryptocurrency exchanges in South Korea (Upbit, Bithumb, Coinone, Korbit, and Gopax), 517 (34.9%) were delisted.

These delisted cryptocurrencies had an average listing period of 748 days, but 54% of them failed to survive two years, and 20.7% lasted less than a year. The shortest listing period was only 77 days, which was for the DigiXDAO (DGD) token delisted in January 2018.

Although South Korea implemented the (Virtual Asset User Protection Act) in July 2024, the listing standards for cryptocurrencies are still decided autonomously by exchanges. Experts point out that this vague standard has led to a phenomenon where a large number of cryptocurrencies quickly disappear after being listed. In contrast, during the same period, no stocks were delisted from the Korea Securities Exchange (KOSPI).