TechFlow news, Kaiko's latest quarterly exchange rankings provide transparent scores for 43 cryptocurrency exchanges in Q2, with a focus on the liquidity of the top 10 exchanges. Liquidity scores are calculated using five metrics, including trading volume and market depth.
Binance ranks first in trading volume and liquidity, but when factoring in governance scores and other considerations, Binance places third, behind Coinbase and Bitstamp.





