South Korea's won keeps sliding, and it's turning into a real headache for the nation. The currency weakness is throwing a wrench into everything from trade to cross-border crypto transactions. So what's Seoul doing about it? Authorities have rolled out various policy responses trying to shore things up. But here's the thing—none of it seems to be sticking. The interventions aren't gaining traction. Why? Because the structural issues driving the depreciation run deeper than quick fixes can handle. For crypto traders and DeFi participants based there, this matters: currency volatility directly impacts your purchasing power for on-chain assets and your exit liquidity when converting back to local currency. It's a reminder that macro conditions can ripple through decentralized finance pretty fast.