Kaiko released the Q2 quarterly rankings of 43 cryptocurrency exchanges, focusing on the liquidity of the top 10 exchanges. Liquidity scores are based on five indicators, including trading volume and market depth. Binance ranks first in trading volume and liquidity, but when considering other factors including governance score, it ranks third, behind Coinbase and Bitstamp.

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<p>DeepFlow TechFlow News: Kaiko's latest quarterly exchange ranking provides transparent ratings for 43 cryptocurrency exchanges in Q2, focusing on the liquidity of the top 10 exchanges. Liquidity scores are calculated based on five indicators, including trading volume and market depth.</p>
<p>Binance ranks first in trading volume and liquidity, but when considering other factors such as governance scores, Binance ranks third, behind Coinbase and Bitstamp.</p>
<p><img src='https://sosovalue.s3.us-west-2.amazonaws.com/sosovalue/web3image/24/06/07/ivtmt0z6iwdy.png'/></p>
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Kaiko releases Q2 cryptocurrency exchange rankings, with Binance leading in trading volume and liquidity.