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DeFi · Category ranking

Best Centralized Exchanges in 2026

124 Centralized Exchanges ranked by SkyBitcoins score and total value locked. Open any row for the full review.

Listed
124
Reviewed
124
Page
1/3

Centralized Exchanges at a glance

Tracked
124
Reviewed
124
Total TVL
$200B
Avg. score
5.1/10

SkyBitcoins tracks 124 centralized exchanges. Every one of them has a full review. Across the 58 with TVL data, the combined value locked is $200B. Binance CEX dominates, with 63% of that total. The five largest make up 90% of the total; the median is $52.2M.

Ranked by TVL, Binance CEX ($125B), OKX ($28.2B) and Robinhood ($13.7B) lead the field. The best-rated is Bitvavo with 7.7/10, followed by NBX (7.0) and Coinsquare (7.0). The 72 rated centralized exchanges average 5.1/10, and none scores 8 or above yet.

The most common chains for centralized exchanges are Ethereum (62), Bitcoin (60) and Tron (45). 93% are deployed on more than one chain. Of the 94 with a confirmed status, 89 are active and 5 are inactive or wound down. Over the last seven days, combined TVL fell 5.2%. NBX gained the most (+476%), while VALR dropped the most (−29.4%).

Largest by TVL

  1. 1Binance CEX logoBinance CEX$125B
  2. 2OKX logoOKX$28.2B
  3. 3Robinhood logoRobinhood$13.7B
  4. 4Gate logoGate$5.86B
  5. 5Bitget logoBitget$5.78B

Highest rated

  1. 1Bitvavo logoBitvavo7.7
  2. 2NBX logoNBX7.0
  3. 3Coinsquare logoCoinsquare7.0
  4. 4Bitget logoBitget6.8
  5. 5Bit2me logoBit2me6.8
Best Centralized Exchanges, page 1 of 3
1
Bitvavo logo
BitvavoReviewed
$311M7.7
2
NBX logo
NBXReviewed
$7.47M7.0
3
Coinsquare logo
CoinsquareReviewed
$2.67M7.0
4
Bitget logo
BitgetReviewed
$5.78B6.8
5
Bit2me logo
Bit2meReviewed
—6.8
6
Crypto d App logo
Crypto d AppReviewed
—6.8
7—6.8
8—6.8
9
CEX.IO logo
CEX.IOReviewed
$1.06M6.5
10
Crypto logo
CryptoReviewed
—6.5
11
Backpack logo
BackpackReviewed
$510M6.4
12
Blox logo
BloxReviewed
—6.4
13
Robinhood logo
RobinhoodReviewed
$13.7B6.2
14
SwissBorg logo
SwissBorgReviewed
$807M6.2
15
Phemex logo
PhemexReviewed
$267M6.2
16
Osl logo
OslReviewed
—6.1
17
Gate logo
GateReviewed
$5.86B5.9
18
Exness logo
ExnessReviewed
—5.9
19
Flipster logo
FlipsterReviewed
$16.6M5.8
20
Ourbit logo
OurbitReviewed
$111M5.7
21
OKX logo
OKXReviewed
$28.2B5.6
22
CoinEx logo
CoinExReviewed
$15.0M5.6
23
BingX logo
BingXReviewed
$547M5.5
24
Indodax logo
IndodaxReviewed
$477M5.5
25
Bitrue logo
BitrueReviewed
$130M5.5
26
LBank logo
LBankReviewed
$8.06M5.5
27
WOO X logo
WOO XReviewed
$1.71M5.5
28
GeminiReviewed
—5.5
29
Deribit logo
DeribitReviewed
$3.58B5.4
30
Okcoin logo
OkcoinReviewed
$25.6M5.4
31
Godex Ai logo
Godex AiReviewed
—5.4
32
BlofinReviewed
—5.3
33—5.3
34
HTX logo
HTXReviewed
$3.95B5.2
35
Toobit logo
ToobitReviewed
$68.9M5.2
36
BYDFi logo
BYDFiReviewed
$66.4M5.2
37
OrangeX logo
OrangeXReviewed
$41.6M5.2
38
Bank in Trx logo
Bank in TrxReviewed
—5.2
39
Toob Finance logo
Toob FinanceReviewed
—5.2
40
Sun Crypto logo
Sun CryptoReviewed
—5.1
41
Hotcoin logo
HotcoinReviewed
$9.46M5.0
42
BitMart logo
BitMartReviewed
$3.84M5.0
43—5.0
44
Bitunix logo
BitunixReviewed
$278M4.8
45
BigONE logo
BigONEReviewed
$52.2M4.8
46
LeveX logo
LeveXReviewed
$7.94M4.8
47
Latoken logo
LatokenReviewed
$231K4.8
48
CoinW logo
CoinWReviewed
$18.7K4.8
49
KucoinReviewed
—4.8
50
Torum logo
TorumReviewed
—4.8

Ranked by SkyBitcoins score, then total value locked. Click a column to re-sort this page. TVL data via DefiLlama.

Where they run

Centralized Exchanges by chain

  1. 1Ethereum6250%
  2. 2Bitcoin6048%
  3. 3Tron4536%
  4. 4Solana4032%
  5. 5BNB Chain3931%
  6. 6Polygon3427%
  7. 7Arbitrum3125%
  8. 8XRP Ledger3125%
  9. 9Avalanche3125%
  10. 10Optimism2823%
  11. 11Cardano2016%
  12. 12Litecoin1815%
  13. 13Base1613%
  14. 14Sui1613%
  15. 15TON1512%

Frequently asked questions

What is the largest centralized exchange by TVL?

Binance CEX is the largest centralized exchange by total value locked, with $125B. It is followed by OKX ($28.2B) and Robinhood ($13.7B). TVL figures come from DefiLlama and change daily.

Which centralized exchange has the highest SkyBitcoins score?

Bitvavo has the highest score at 7.7/10, ahead of NBX (7.0) and Coinsquare (7.0). Scores weigh security, ease of use, fees and features, and are based only on facts we could verify.

How many centralized exchanges does SkyBitcoins track?

SkyBitcoins tracks 124 centralized exchanges. Of these, 124 have a full review and 58 report value locked, $200B in total.

What chains do most centralized exchanges run on?

Ethereum is the most common, with 62 of 124 centralized exchanges, followed by Bitcoin (60) and Tron (45). 93% are deployed on more than one chain.

Which centralized exchanges grew the most this week?

Among centralized exchanges with at least $1M locked, NBX had the biggest 7-day TVL gain (+476%) and VALR the biggest drop (−29.4%). Combined TVL moved −5.2% over the same seven days.

What is the average score for centralized exchanges?

The 72 rated centralized exchanges average 5.1 out of 10. Of these, 0 score 8 or higher and 29 score below 5.