The Melon Music Award for Song of the Year is one of the awards from the annual Melon Music Awards, an event that uses data from Melon's streaming service to celebrate artists who have had exceptional performance during the year. The Song of the Year category recognizes the top performing single in South Korea based on various metrics such as digital performance, voting, and judge evaluation.

The 2023 Melon Music Awards was an awards ceremony held on December 2, 2023. It was organized by Melon, and Kakao Entertainment and broadcast through Melon, and Wavve in South Korea, Abema in Japan, and Beyond Live in selected regions. The ceremony was hosted by An Yu-jin, with pre-ceremony red carpet event hosted by Hitomi Honda, Nako Yabuki, and Ha Ji-young.