Why the Market Needs a Rules-Based Benchmark for Centralised Exchanges

Despite billions flowing through centralised exchanges daily, there remains no consistent way to evaluate their underlying operational quality. Surface-level metrics dominate, and transparency varies widely. CoinDesk’s Exchange Benchmark report addresses this gap by offering a structured, independently verified framework to assess counterparty risk.The April 2025 edition of the Exchange Benchmark report is our most comprehensive assessment to date source: https://www.coindesk.com/coindesk-indices/2025/06/10/why-the-market-needs-a-rules-based-benchmark-for-centralised-exchanges