Indonesia crypto market

Indonesia crypto market

Data as of 27 Oct 2026, 01:04 WIB. Daily snapshot.

Older inputs on this page: OJK account count, latest May 2026 (10 Jul 2026); OJK monthly statistics, latest month May 2026 (13 Jul 2026); OJK licence counts, position May 2026 (30 Jul 2026).

Exchange volume, last 24 hours: credible core vs reported

0Rp500bnRp1tnRp1.5tnRp1.41tnreported by the exchangesRp444.2bncredible core, 32% of reportedIndodax: Rp215.7bn, in the credible coreIndodax: Rp215.7bn, in the credible coreIndodaxRp216bnTokocrypto: Rp102.2bn, in the credible coreTokocrypto: Rp102.2bn, in the credible coreReku: Rp80.7bn, in the credible coreReku: Rp80.7bn, in the credible coreUpbit Indonesia: Rp45.3bn, in the credible coreUpbit Indonesia: Rp45.3bn, in the credible coreLuno Indonesia: Rp374.6m, in the credible coreLuno Indonesia: Rp374.6m, in the credible coreBittime: Rp452.9bn, above Indodax, excludedBittimeRp453bnBTSE Indonesia: Rp286.3bn, above Indodax, excludedBTSERp286bnMobee: Rp222.4bn, above Indodax, excludedMobeeRp222bnAbove Indodax, excluded: Rp961.6bn0Rp500bnRp1tnRp1.5tnRp1.41tnreported by the exchangesRp444.2bncredible core, 32% of reportedIndodax: Rp215.7bn, in the credible coreIndodax: Rp215.7bn, in the credible coreIndodaxRp216bnTokocrypto: Rp102.2bn, in the credible coreTokocrypto: Rp102.2bn, in the credible coreReku: Rp80.7bn, in the credible coreReku: Rp80.7bn, in the credible coreUpbit Indonesia: Rp45.3bn, in the credible coreUpbit Indonesia: Rp45.3bn, in the credible coreLuno Indonesia: Rp374.6m, in the credible coreLuno Indonesia: Rp374.6m, in the credible coreBittime: Rp452.9bn, above Indodax, excludedBittimeRp453bnBTSE Indonesia: Rp286.3bn, above Indodax, excludedBTSE IndonesiaRp286bnMobee: Rp222.4bn, above Indodax, excludedMobeeRp222bn3 exchanges above Indodax, excluded: Rp961.6bn0Rp500bnRp1tnRp1.5tnRp1.41tnreported by the exchangesRp444.2bncredible core, 32% of reportedIndodax: Rp215.7bn, in the credible coreIndodax: Rp215.7bn, in the credible coreIndodaxRp216bnTokocrypto: Rp102.2bn, in the credible coreTokocrypto: Rp102.2bn, in the credible coreReku: Rp80.7bn, in the credible coreReku: Rp80.7bn, in the credible coreRekuRp81bnUpbit Indonesia: Rp45.3bn, in the credible coreUpbit Indonesia: Rp45.3bn, in the credible coreLuno Indonesia: Rp374.6m, in the credible coreLuno Indonesia: Rp374.6m, in the credible coreBittime: Rp452.9bn, above Indodax, excludedBittimeRp453bnBTSE Indonesia: Rp286.3bn, above Indodax, excludedBTSE IndonesiaRp286bnMobee: Rp222.4bn, above Indodax, excludedMobeeRp222bn3 exchanges above Indodax, excluded: Rp961.6bn

Reported counts each exchange's own 24h volume on rupiah pairs: 8 exchanges, 6 read from the exchange API and 2 relayed by CoinGecko. Credible core counts the same figures minus every exchange that reports more 24h volume than Indodax, the market leader. The cutoff is Indodax's own figure, Rp215.7bn, so the core changes when that figure moves. Read 26 Oct 2026, 18:37 WIB.

24h exchange volume, credible core

Rp444.2bn

Out of Rp1.41tn reported. 1

24h volume excluded from the credible core

Rp961.6bn

68% of reported volume. 3 exchanges each report more than Indodax. 1

OJK monthly transaction value, May 2026

Rp23.01tn

+0.1% on Apr 2026. Peak in this series: Rp52.5tn in Jul 2025. 2

Registered crypto accounts, May 2026

22.4m

+20% since Sep'25 (18.66m). 3

Rupiah stablecoin supply on-chain

Rp153.2bn

About $8.5m at Rp18,115 per US dollar, across 4 tokens. 4

  1. Credible core and excluded volume. Source: self-reported 24h rupiah-pair volume, read from each exchange's own API (6 exchanges) or relayed by CoinGecko (2 exchanges). Basis: the credible core leaves out every exchange that reports more 24h volume than Indodax, the market leader (Bittime, BTSE Indonesia, Mobee). The reported total keeps them and is an upper bound.
  2. OJK monthly transaction value. Source: OJK monthly statistics and press release (regulator). Basis: all OJK-licensed exchanges, one calendar month, as reported to the regulator. It measures a different period and set of exchanges from the 24h figures.
  3. Registered crypto accounts. Source: OJK monthly statistics (regulator). Basis: cumulative accounts at licensed exchanges, dormant accounts included. One person can hold several accounts, so the count runs above the number of users and of active traders.
  4. Rupiah stablecoin supply. Source: our own read of each token contract on each chain. Basis: chain totalSupply read, summed across deployments. It includes issuer treasury and frozen balances, so it is a ceiling on free float.

Volume by exchange, last 24 hours

Observed
Exchange24h volumeShare of totalSourceIn credible core
BittimeRp452.9bn32.2%Exchange API, self-reportedNo, above Indodax
BTSE IndonesiaRp286.3bn20.4%Exchange API, self-reportedNo, above Indodax
MobeeRp222.4bn15.8%Exchange API, self-reportedNo, above Indodax
IndodaxRp215.7bn15.3%Exchange API, self-reportedYes
TokocryptoRp102.2bn7.3%CoinGecko, exchange-reportedYes
RekuRp80.7bn5.7%Exchange API, self-reportedYes
Upbit IndonesiaRp45.3bn3.2%CoinGecko, exchange-reportedYes
Luno IndonesiaRp374.6munder 0.1%Exchange API, self-reportedYes
Credible coreRp444.2bn31.6%
Reported totalRp1.41tn100%

Source: exchange APIs and CoinGecko, 8 of 26 OJK-licensed exchanges (position May 2026). Basis: each exchange's own 24h figure for rupiah pairs. Rule: a venue reporting more 24h volume than Indodax, the market leader, is excluded from the credible core

Licensed but not readable, so not in this table: Digitalexchange.id, Pintu Pro, Bitwyre, Ajaib Kripto, Pluang, Nanovest, Triv. None publishes a 24h volume we can read.

Regulator trend and the global market

Reported

OJK monthly transaction value

0tn20tn40tn60tnApr 25: 35tnApr 25May 25: 50tnJun 25: 32tnJul 25: 52tnJul 25Aug 25: 45tnSep 25: 39tnOct 25: 49tnOct 25Nov 25: 37tnDec 25: 33tnJan 26: 29tnJan 26Feb 26: 24tnMar 26: 22tnApr 26: 23tnMay 26: 23tnMay 26

Source: OJK monthly statistics (regulator). Basis: rupiah trillions per month, all licensed exchanges

Indonesia vs global, indexed

20406080100120Oct 25Dec 25Feb 26May 26Indonesia (OJK monthly value), Oct 25: 100Indonesia (OJK monthly value), Nov 25: 76Indonesia (OJK monthly value), Dec 25: 66Indonesia (OJK monthly value), Jan 26: 59Indonesia (OJK monthly value), Feb 26: 50Indonesia (OJK monthly value), Mar 26: 45Indonesia (OJK monthly value), Apr 26: 47Indonesia (OJK monthly value), May 26: 47Global (12 large exchanges, CoinGecko), Oct 25: 100Global (12 large exchanges, CoinGecko), Nov 25: 108Global (12 large exchanges, CoinGecko), Dec 25: 69Global (12 large exchanges, CoinGecko), Jan 26: 71Global (12 large exchanges, CoinGecko), Feb 26: 91Global (12 large exchanges, CoinGecko), Mar 26: 67Global (12 large exchanges, CoinGecko), Apr 26: 59Global (12 large exchanges, CoinGecko), May 26: 52
  • Indonesia (OJK monthly value)
  • Global (12 large exchanges, CoinGecko)

Source: OJK (Indonesia) and CoinGecko exchange volume charts (global). Basis: both series set to 100 in Oct 2025. Compares direction only; the global series is not filtered. Latest: Indonesia 47, global 52

Rupiah stablecoins by token and chain

Observed
TokenChain totalSupplyIn US dollarsWhere it sitsChains not read
IDRTRp90.7bn$5.0mEthereum 50%, BSC 35%, Polygon 15%none
IDRPRp45.7bn$2.5mKaia 79%, Ethereum 21%, Polygon 1%none
IDRXRp14.7bn$812kBase 37%, Kaia 29%, Polygon 22%, BSC 9%, Solana 3%none
XIDRRp2.1bn$117kEthereum 94%, Zilliqa 4%, Polygon 3%none

Source: our own read of each contract over public RPC endpoints. Basis: chain totalSupply read, a ceiling on free float. US dollars at the official rate Rp18,115

Basis: on-chain totalSupply read 27 Oct 2026. Chains summed: IDRT on Ethereum, Polygon, BSC, Harmony; IDRP on Ethereum, Polygon, BSC, Kaia, Tron; IDRX on Polygon, Base, BSC, Gnosis, Lisk, WorldChain, Kaia, Monad, Solana, Etherlink; XIDR on Ethereum, Polygon, Zilliqa. Every listed chain was read. The non-dollar stablecoin atlas shows issuer-reported, CoinGecko or one-block chain figures from its own date, so its IDRP and IDRX numbers differ.

CoinGecko lists IDRT circulating supply at Rp173.9bn, 1.9 times our chain totalSupply read of Rp90.7bn. Circulating supply cannot exceed totalSupply, so we use the chain read. The two are different bases and are not combined anywhere on this site.

For scale: DeFiLlama puts all stablecoin supply at $303.5bn. The rupiah tokens above are about 0.0028% of that. DeFiLlama aggregates on its own basis, so only the order of magnitude carries over.

Changed since yesterday

Source: threshold detectors run on each refresh of the data above. Basis: a condition opens after two consecutive refreshes and closes after three clear ones. Latest refresh 26 Oct 2026, 18:38 WIB