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KuCoin Outranks Binance In CryptoQuant Exchange Transparency Ranking

KuCoin topped a field of major cryptocurrency exchanges with a proof-of-reserves transparency score of 96.7 out of 100 in CryptoQuant's annual Exchange Leader report, outranking larger rivals including Binance and Coinbase in a metric…

Yellow.com

Publisher

Aug 12, 2026 at 11:36 PM UTC · Updated 1ヶ月前 · 2 分で読める

KuCoin Outranks Binance In CryptoQuant Exchange Transparency Ranking
Image via Yellow.com

Key Signal

96.7/100 KuCoin transparency score

Entities

binance

Last Updated

1ヶ月前

翻訳中…

KuCoin topped a field of major cryptocurrency exchanges with a proof-of-reserves transparency score of 96.7 out of 100 in CryptoQuant's annual Exchange Leader report, outranking larger rivals including Binance and Coinbase in a metric that has become a key measure of exchange solvency since the collapse of FTX.

What Happened: Reserve Transparency Ranked

CryptoQuant's report evaluated exchange performance across trading volume, reserve disclosures, and derivatives activity during 2025.

The Seychelles-based KuCoin earned its top score through a monthly proof-of-reserves framework that lets users verify balances via Merkle-tree inclusion tools, published wallet addresses, and third-party attestations from security firm Hacken.

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The exchange has issued more than 39 consecutive monthly reserve reports, with the most recent dated Feb. 6, 2026. All publicly disclosed reserve ratios exceeded 100%.

Bybit placed second with a score of 93.2, also backed by regular disclosures and Hacken attestations. Kraken landed in the A tier but scored lower due to its quarterly reporting cycle.

Binance received 75.2, reflecting broad wallet disclosures but no full independent audit of its entire balance sheet.

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