Share this article
Binance Retains Top Spot as CoinGecko Revamps Exchange Trust Metric
CoinGecko has added a cybersecurity metric to its Trust Score. As with rival data site CoinMarketCap, the largest exchange Binance retains pole position.
By Paddy Baker
Updated Sep 14, 2021, 8:58 a.m. Published Jul 1, 2020, 12:02 p.m.
Cryptocurrency market data aggregator CoinGecko has updated its trust metric for exchanges, with Binance keeping its top slot in the rankings.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- The Singapore-based crypto firm said in a blog post Wednesday its new cybersecurity metric now forms 20% of its Trust Score for trading platforms.
- The Trust Score combines an exchange's liquidity, web traffic, scale of operations, and now cybersecurity, together with its trading volume.
- The cybersecurity metric comes from Ukrainian security group Hacken. CEO Dyma Budorin said a growing number of "black hat hackers" targeted crypto exchanges.
- The top five exchanges as ranked by the firm's algorithm are now: Binance, Coinbase Pro, Bithumb, Kraken and Bitstamp.
- CoinGecko first released its Trust Score in May 2019 and Binance has long ranked first. The new metric keeps it in pole position.
- CoinGecko COO, Bobby Ong told CoinDesk: "Binance was ranked first as it had the largest liquidity in many of the trading pairs amongst all the exchanges. Binance scores relatively well in this measure as well thus keeping its top position."
- Rival crypto market data site CoinMarketCap was accused of bias earlier this year after it gave its new owner Binance a perfect score under its new exchange ranking system.
- CoinGecko will add additional metrics to its Trust Score, Ong said.
Lebih untuk Anda
Yang perlu diketahui:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Lebih untuk Anda
Incoming voter on interest rate policy, Cleveland Fed's Hammack says no more cuts
"My base case is that we can stay here for some period of time," Cleveland Fed President Beth Hammack told the WSJ.
Yang perlu diketahui:
- Cleveland Fed President Beth Hammack, who in 2026 will be a voter on the central bank's policy-making FOMC, says interest rates need to stay on hold for several months.
- She threw shade on last week's surprisingly soft CPI report, noting data-collection distortions created by the government shutdown.
- Other things being equal, bitcoin would typically benefit from easier Fed monetary policy, but that hasn't at all been the case in 2025.
Top Stories
