RootData, a Web3 asset data platform, has released a beta version of its stock spot exchange ranking. The ranking is built from publicly verifiable trade and order book data available on the platform, while explicitly excluding real stock trading data from its calculations. RootData says the model scores and ranks exchanges by combining three factors: 24-hour trading volume, liquidity, and the number of active stock products.
According to the current leaderboard, Binance, OKX, Gate, Bitget, and BingX hold the top five positions. Binance leads the list with more than $1.93 billion in 24-hour trading volume and a 47.36% market share. On the metric of active products in the public market, Bitget, MEXC, and WEEX rank in the top three.
RootData said the ranking is meant to give users a clearer view of stock-market conditions across trading platforms and offer data support for investment research. The platform also noted that exchange coverage and asset types included in the ranking are still being expanded.
Web3 asset data platform RootData has launched a beta version of its stock spot exchange ranking. The list is based on publicly verifiable trade and order book data available on the platform, and it does not include real stock trading data.
How the ranking is compiled
RootData said the ranking scores and orders exchanges by combining 24-hour trading volume, liquidity, and the number of active stock products. The company said the list is designed to help users better understand stock-market conditions across trading platforms and to provide data support for investment decisions.
Current top exchanges
According to the current ranking, Binance, OKX, Gate, Bitget, and BingX are the top five exchanges. Binance leads the table with more than $1.93 billion in 24-hour trading volume and a market share of 47.36%.
Active product count
In terms of the number of active products in the public market, Bitget, MEXC, and WEEX rank first, second, and third. RootData added that the exchanges and asset types covered by the ranking are still being expanded.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
