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Dear all, Moonlight spent the weekend digging into CoinDesk’s latest “Exchange Benchmark: November 2025” report

And guess what? Binance is absolutely insane this year 👀

Binance scored 93.4 (AA rating) — solidly ranked #1 across the entire list

Even more impressive: @binancezh @binance are the ONLY exchanges scoring above 90

Both spot + futures placed first, basically leading with a huge gap over everyone else

So what does that score actually mean?

It means deep liquidity, a full product stack, strong compliance presence, and a place where big money and institutions naturally gravitate

In one sentence: To professional analysts and everyday users, Binance is still the benchmark, still the ceiling

Binance remains the one that performs the best

Let’s keep pushing together in 2026! 🚀