We’re excited to announce that Kraken ranked third total in Kaiko’s Q1 2025 alternate rating, shifting up from seventh place final 12 months among the many 44 largest centralized crypto exchanges.
This rating, which evaluates exchanges primarily based on important elements reminiscent of governance, safety, expertise and liquidity, displays our continued {industry} management and deep dedication to our purchasers.
First off, who’s Kaiko?
Kaiko is a number one supplier of cryptocurrency market knowledge, analytics and indices, providing companies institutional-grade, regulatory-compliant options. These options are utilized by Kaiko Indices to conduct its impartial quarterly evaluation of spot cryptocurrency exchanges, rating them primarily based on numerous elements, together with liquidity.
Why our total rating improved from seventh to third
Our improved rating may be attributed to a number of particular elements that align intently with Kaiko’s analysis standards. Our relentless deal with governance, liquidity, safety and knowledge transparency has contributed to a stronger, extra resilient platform for our purchasers.
Sturdy governance and compliance
Kraken has lengthy been an advocate for regulatory readability and compliance whereas staying true to our mission: To speed up the adoption of cryptocurrency for monetary freedom and inclusion. In 2024, we additional strengthened our authorized and compliance frameworks, implementing a brand new Market Rulebook that outlines clear buying and selling requirements and finest practices.
Moreover, we expanded our academic content material on anti-money laundering (AML), know-your-customer (KYC) and counter-financing of terrorism (CFT), making certain purchasers and institutional companions perceive the significance of regulatory compliance. Our industry-leading Proof of Reserves continues to set the usual for transparency in asset verification.
Greatest-in-class liquidity and market depth
Kraken is the go-to alternate for merchants preferring to function towards fiat currencies. Our USD and EUR order books are among the many deepest within the {industry}, offering superior liquidity that minimizes slippage and improves execution high quality.
By enhancing market depth and order guide effectivity, we have now created a extra enticing buying and selling setting for each institutional and retail buyers.
Uncompromising safety measures
Our safety above the whole lot ethos is on the core of our platform. Kraken’s high safety professionals make use of a risk-based strategy to constantly refine our safety protocols, making certain our purchasers’ belongings stay protected on the highest ranges. Our rigorous infrastructure safeguards and account safety measures assist us keep our status as one of the safe crypto exchanges on the earth.
Excessive-quality knowledge reporting
Transparency is prime to Kraken’s strategy, and our dedication to correct, full and dependable buying and selling knowledge helped us stand out in Kaiko’s rankings. We offer real-time and historic commerce knowledge, together with OHLC (open, excessive, low, shut) pricing with granularity in eight time intervals (1, 5, 15, 30, 60, 240, 720 and 1440 minutes).
This knowledge is out there via our REST and WebSocket APIs, which supply excessive fee limits to make sure seamless entry for merchants and builders alike.
Constructing on a 12 months of great progress
This recognition from Kaiko reaffirms Kraken’s place as one of many world’s high crypto exchanges. However the work by no means ends. Our relentless deal with safety, governance, liquidity and transparency ensures we proceed to offer a superior buying and selling expertise for our purchasers.
As merchants demand extra reliable and well-regulated platforms, Kraken stays a best choice for these in search of a safe, liquid and dependable alternate. We stay up for constructing on this momentum and setting even larger requirements for the {industry}.