RootData released the seventh issue of the cryptocurrency exchange transparency ranking (stock category), with Binance continuing to dominate the list and Bybit returning to the top three

Web3 asset data platform RootData released the seventh issue of the "Cryptocurrency Exchange Transparency Ranking (Stock Category)", continuing to focus on the growth trend of stock assets in cryptocurrency exchanges. In this issue, Binance, OKX, Bybit, Bitget, and Gate ranked in the top five.

Among them, Bybit's ranking improved by 2 places, re-entering the top three, mainly due to Bybit listing 49 new stock contracts during the statistical period, making it the exchange with the most supported stocks currently. Bitget's ranking dropped by 2 places, with traffic decreasing by over 40%, which may be related to the rapid decline in traffic following the end of the SPAX subscription activity.

As the market prices of cryptocurrencies like Bitcoin rise, the trading volume of exchanges generally increased by over 10% in this issue, with Kraken rising by over 20%, boosting its ranking to 6th place. Hotcoin, on the other hand, fell to 10th place due to a decrease in its transparency score.

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, providing investors with more effective data references, and will continue to enhance and publish this ranking in the future.