COR Index (Chain Open Research), an analytical research web portal has released its seventh report on the performance of the leading exchanges — “”, featuring an abundance of data regarding the April’s performance of the top 30 leading exchanges.
Most would call volume the most important indicator for the exchange. After all, the profit of the exchange is directly proportionate to it. However, such a disposition of the better part of crypto community only serves to further incentivize the already competing exchanges to focus on numbers; sometimes to the point where they start to engage in shady practices or even downright falsify the data in constant pursuit of yet higher figures.
According to the aforementioned report, still leads the volume chart with a monthly volume of over 100B$, despite the 30% decline compared to the previous month. The volume on , on the other hand, has steadily increased over the course of April and is now $40,646,160,729, almost 20% higher than March’s result.
Coins, a little known Brasil exchange, is a close third with $39,528,633,469 monthly volume, however, the abnormally high volume per visit may indicate that the numbers where somewhat exaggerated, followed by with $36,741,339,192, which also showed a positive trend of 15%, and with $31,872,117,256 and a relatively minor negative dynamics of -4.14%.
Speaking of positive trends, , , and boast the best results, with increases in monthly volume of 156.72%, 87.85%, and 79.22% respectively.
Turning to negatives, apart from , two other exchanges experienced serious drops in the monthly volumes. These were , with April’s volume of $23,101,781,035 (-11.1% to March) and ZB with $20,602,703,777 (10.26% decrease).
As for the pairs, listings were relatively infrequent in April, with most exchanges showing close to zero fluctuation in the number of coins listed. However, there are a few notable exceptions. delisted approx. 25% of all pairs and now retains only 52. OEX, on the contrary, has almost tripled the number of pairs available and now sits at 60. DOBI has similarly shown a huge number of listings and almost doubled the number of listed pairs bringing the total up to 94.
The amount of traffic is perhaps the fairest judge of the exchange’s success. The next section examines the dynamics in the popularity of the largest platforms by comparing the number of their April’s page visits to that of March.
Undeterred by a slight 4.42% decline, dominates the traffic charts with 31,406,435 monthly pageviews. occupies a second place with 4,080,000 views — a 7 percent increase to the previous month. P2PB2B and OKEx have very similar numbers of monthly pageviews, 2,090,000 and 2,009,820 respectively, the difference being that P2PB2B has shown an increase of 37.03%, and — a decline of -11.54%. closes the top 5, with 1,573,000 views and a monthly dynamics of +12%.
professes some great results, with 214.5% increase, but, the most notable gainer of this month, is, once again, , which has increased the number of monthly page views by an astonishing 631.45%. As for those quickly losing the favor of the masses, Bitker leads the group; with a dynamics of minus 81.85%, it is now down to 510 average daily visits. had also shown a substantial decline of -57.65%, with only 44 985 page views in April.
A bit further down sit (609,461 monthly visitors) and (110,346 visitors), both having a negative growth of about 50%. Even further below lay ZB (247,779), (328,012), and (221,587), all featuring monthly declines of approx. forty percents.
Moving on, the following section is about the Average Volume per Visit, one of the most important indicators for gauging whether the declared data is purposely overblown by the exchanges. It can directly attest that the professed volumes are wrong.
Despite, or perhaps even due to the declining numbers of visits, Bitker’s volume indicator has increased 591.41%, and now averages $936,858 per visit, second only to OEX which advertises a colossal $1,170,747 average volume indicator per visit. Notably, has volume per visit of only 1,015 USD, 0.28%+ change from the previous month, which is only natural when you take into account their number of users. BCEX has shown strong growth in this section, now has almost triple that of the previous month — close to half million volume per visit, which is, by the bye, calculated as Monthly volume divided by Monthly visitors.
has exhibited a 70% increase compared to previous month, making it the 3rd from the top in the list of exchanges with high average volume, and BAW boasts a comparatively modest 259,390$ volume per visit, placing it at humble fifth place. Foreseeably, DOBI, Cointiger, and BITMAX show the biggest declines of -64.9%, -43.01% and -37.63% in this category due to their rapid growth. However, the average volumes per visit these exchanges profess are still comparatively huge and amount to 45,599, 39,210 and 66,363 in USD accordingly.
Published at Tue, 21 May 2019 19:44:33 +0000
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