Coinglass, a platform for crypto futures trading as well as analytics, has recently issued statistics regarding the asset transparency of crypto exchanges. The latest statistics have been expressing a struggle between the top crypto exchanges to outcompete each other. However, OKX has shown clear improvement taking the lead over Huobi and Bitfinex to claim the second spot. As per the statistics provided by Coinglass, the top spot in asset transparency has been occupied by the biggest cryptocurrency exchange, Binance. Huobi, Bitfinex, and OKX are among the top 5.
OKX Takes the Lead to Become the 2nd Exchange Having Most Clean Assets after Binance
The crypto analytics platform discloses in its statistics that the 2nd spot has witnessed OKX for a short time. Bitfinex and OKX do not have a huge gap between their assets hence they are shuffling on the 2nd and 3rd spots. As a result, the current statistics show that 2nd rank is presently occupied by Bitfinex. In this way, OKX has dropped to 3rd place. The data reveals that the total amount of assets in possession of the biggest crypto exchange equals $74.53 billion worth.
Nonetheless, the cumulative clean assets that the crypto exchange owns have a value of up to $54.90 billion. After that, the crypto exchange Bitfinex comes. The platform’s cumulative assets have a value of nearly $8.02 billion. On the other hand, the total clean assets owned by the crypto exchange company are of $5.66 billion worth. After getting demoted from the 2nd rank to the 3rd, the OKX exchange stands at the figure of approximately $7.95 billion in terms of cumulative owned assets.
Crypto.com and Huobi Get Ranked in the Top 5 Transparent Crypto Exchanges
The total clean assets that OKX possesses are equal to almost $7.95 billion. The statistics also pointed out that Crypto.com and Huobi were placed in the 4th and 5th spots. According to the data, Crypto.com has up to $3.72 billion worth of cumulative assets. Its clean assets have currently reached the level of $3.54 billion in value. Huobi’s total assets have a worth of nearly $3.34 billion while $2.28 billion of that figure belongs to clean assets.
