Binance Maintains Dominance, Upbit Climbs to Top 4 in Q2 Exchange Liquidity” slug :
CryptoNewsTerminal Staff07 Jun, 2024
Binance Maintains Dominance, Upbit Climbs to Top 4 in Q2 Exchange Liquidity” slug :
Binance has retained its position as the leading exchange in terms of liquidity, while Upbit has made significant progress, climbing to the fourth spot in the second quarter (Q2) of 2023. This information was revealed in a report by the blockchain data provider UBlockchain, which analyzed data from Kaiko Research. The report assessed the liquidity of 43 exchanges during Q2 and found that Binance remained at the helm, followed by Bybit in second place and Coinbase in third. Upbit and HTX shared the fourth position. This ranking highlights the continued dominance of Binance in the exchange liquidity sector and the growing presence of Upbit as a major player.
