MiCA Regulated Exchanges Liquidity Highlights Kraken’s Lead
The post MiCA Regulated Exchanges Liquidity Highlights Kraken’s Lead appeared on BitcoinEthereumNews.com. When regulators draw a line in the sand, liquidity tells you who was ready. According to data from DefiLlama, Kraken dominates MiCA-regulated exchanges in liquidity by a wide margin — sitting atop the rankings with $399.71 million in spot liquidity and $206.90 million in perpetual liquidity, both figures the highest among the sampled platforms operating under the EU’s Markets in Crypto-Assets framework. Key takeaways Kraken leads all MiCA-regulated exchanges with $399.71 million in spot liquidity and $206.90 million in perpetual liquidity. Coinbase ranks second in both categories: $305.23 million spot, $167.39 million perpetual. Kraken covers 1,704 markets — more than any other sampled MiCA-regulated exchange. Crypto.com, Bitstamp, and Bybit occupy the mid-tier of spot liquidity, ranging from $130.84 million down to $50.19 million. Backpack and OKX are notable outliers: both show p