RootData released the eighth issue of the "Cryptocurrency Exchange Transparency Rankings (Stock Category)": BingX makes the list for the first time, while XT.com falls out of the top ten
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Web3 asset data platform RootData released the eighth issue of the "Cryptocurrency Exchange Transparency Rankings (Stock Category)," continuing to focus on the growth trend of stock assets in cryptocurrency exchanges. In this ranking, Binance, OKX, Bybit, Gate, and Bitget continue to occupy the top five positions.
In terms of ranking changes, BingX entered the list for the first time at ninth place due to a significant increase in traffic, while XT.com fell out of the top ten this issue due to a decline in trading volume and insufficient compliance transparency.
In terms of traffic, leading platforms showed a moderate decline. Newly ranked BingX had a weekly traffic of 7.6 million, placing it second, just behind Binance. Meanwhile, Ourbit's traffic plummeted from 1.33 million to below 310,000, a drop of over 76%, making it the exchange with the largest decline in traffic this issue.
Additionally, according to the ranking data, almost all exchanges experienced a significant decline in daily average trading volume, with decreases generally between 10% and 25%.
It is reported that RootData adheres to the principle of "transparency first" and has taken the lead in establishing a dual evaluation system of "transparency + liquidity" in the field of stock cryptocurrency exchanges, thereby providing investors with more effective data references. The platform will continue to enhance and publish this ranking in the future.
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