CoinMarketCap will add a liquidity metric to more accurately assess the performance of cryptocurrency exchanges
This Tuesday CoinMarketCap will add a liquidity metric to your website. Now by default she will be be used for ranking of trading pairs and exchanges. When her the calculation uses a number of factors, including bid sizes and deviation from the average price. For of this CoinMarketCap collects data on trading pairs at random intervals on a 24-hour period and gives their to the average.
So, applications, essentially deviating from the average price to the market, will be be regarded by CoinMarketCap as posted by itself exchange operator in order to overstate the volumes and take into account much less when calculating the overall liquidity rating, reported Chief Strategy Officer Carilyn Chan.
Ranked # 1 on CoinMarketCap when considering trading volume takes Singaporean CoinBene from $ 1.2 billion in general volume of transactions, then as an indicator liquidity becomes the leader Binance, having only half of the declared CoinBene volumes trades.