Exchange quality ratings

As of

Shadow mode is active during the initial calibration window. Composite scores and band assignments will publish once sufficient peer baseline history has accumulated. Dimension scores are live.

# Exchange Vol. auth. Bk. quality Price form. Cross-venue 30d
01 MEXC 73.4 99.2 92.0 77.9
Vol. auth.
73.4
Bk. quality
99.2
Price form.
92.0
Cross-venue
77.9
02 Coinbase 66.4 92.2 89.9 88.9
Vol. auth.
66.4
Bk. quality
92.2
Price form.
89.9
Cross-venue
88.9
03 Bitget 60.9 96.4 88.8 86.4
Vol. auth.
60.9
Bk. quality
96.4
Price form.
88.8
Cross-venue
86.4
04 Kraken 76.8 82.9 90.1 50.5
Vol. auth.
76.8
Bk. quality
82.9
Price form.
90.1
Cross-venue
50.5
05 Binance 60.2 80.9 89.2 67.5
Vol. auth.
60.2
Bk. quality
80.9
Price form.
89.2
Cross-venue
67.5
06 Gate.io 31.7 96.6 87.6 51.7
Vol. auth.
31.7
Bk. quality
96.6
Price form.
87.6
Cross-venue
51.7
07 HTX 10.0 99.0 94.7 45.1
Vol. auth.
10.0
Bk. quality
99.0
Price form.
94.7
Cross-venue
45.1
08 KuCoin 1.4 98.8 96.7 41.1
Vol. auth.
1.4
Bk. quality
98.8
Price form.
96.7
Cross-venue
41.1
09 Bybit 0.1 98.3 97.1 42.6
Vol. auth.
0.1
Bk. quality
98.3
Price form.
97.1
Cross-venue
42.6
10 OKX 0.4 64.0 95.1 46.5
Vol. auth.
0.4
Bk. quality
64.0
Price form.
95.1
Cross-venue
46.5

Insufficient data for this scoring run. Scores will populate as the data collection window completes.

What does this score measure?

Eleven observable metrics across four dimensions — volume authenticity, order book quality, price formation integrity, and cross-venue consistency. No self-reported data, no exchange cooperation required.

Read the full methodology →

Commission a written report

In-depth written analysis of an exchange's market data quality. Peer comparison, 30-day trend, notable findings. Pricing per engagement; quote on request.

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