RootData Releases Seventh Cryptocurrency Exchange Transparency Ranking

The latest transparency ranking from RootData has been released, focusing on the growth trend of stock assets in cryptocurrency exchanges. In this issue, Binance maintained its leading position, followed closely by OKX and Bybit.

Bybit made a notable improvement, rising two places to reclaim its spot among the top three. This surge can be attributed to the exchange listing 49 new stock contracts during the statistical period, making it the platform with the most supported stocks currently available.

The trading volume across exchanges experienced an overall increase of over 10% in this issue. Notably, Kraken saw a significant rise in trading volume, surpassing the 20% mark and propelling it to 6th place on the ranking. In contrast, Hotcoin's transparency score took a hit, causing it to drop to 10th place.