Binance ranked number one in RootData’s latest exchange transparency table for the week ending May 3. The score was not just about trading volume. RootData says it also weighs information transparency, liquidity depth, asset quality, and compliance security, with transparency broken out as its own factor.
In plain terms, this rewards exchanges that make more of their operating information public and keep those disclosures updated consistently. So the signal here is specific: not just who trades the most, but who is showing more of the numbers and details users can actually check.
That lands at a moment when the market has cooled. Daily trading volume has fallen by double digits for a second straight week, even as attention on exchange risk and oversight remains elevated. In a slower market, headline activity matters less than what a venue is willing to disclose.
For anyone deciding where to keep assets or place trades, public disclosure is increasingly part of the competition. Binance finishing first suggests visibility itself is becoming a differentiator for centralized exchanges, not just fees, promos, or raw volume.
We’ll be watching whether Binance’s transparency lead holds as the rankings reshape exchange trust this week.