There's a capitalization formula spreading around social media right now a deep dive into crypto exchange valuations—most remain private, but we compare them using Coinbase’s $81.26B market cap (Nov 20, 2024) as a benchmark.
🔎 The analysis covers Binance, Bybit, OKX, Kraken, Gate, using:
Trading volume 📊
Web traffic
User base 👥
Native token market cap
📊 New: Exchanges' Trust & Value Index—ranking platforms by:
💡 Transparency | ⚡ Activity | 🏦 Capital | 🛡 Security | 📜 Compliance | 📊 Reserves
📌 Key Takeaway: These estimates aren’t official caps but provide a strategic view on exchange valuations based on real data.
info: media coincodex