We’re excited to announce that Kraken ranked 3rd overall in Kaiko’s Q1 2025 exchange ranking, moving up from 7th place last year among the 44 largest centralized crypto exchanges.
This ranking, which evaluates exchanges based on critical factors such as governance, security, technology and liquidity, reflects our continued industry leadership and deep commitment to our clients.
First off, who is Kaiko?
Kaiko is a leading provider of cryptocurrency market data, analytics and indices, offering businesses institutional-grade, regulatory-compliant solutions. These solutions are used by Kaiko Indices to conduct its independent quarterly assessment of spot cryptocurrency exchanges, ranking them based on various factors, including liquidity.
Why our overall ranking improved from 7th to 3rd
Our improved ranking can be attributed to several specific fact ..
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