CoinMarketCap has just dropped new data, sharing details about reserves of exchanges for January 2026. The list ranks exchanges while also breaking down their compositions. The community has acknowledged the list and compared the quality of liquidity with the size of liquidity.
CoinMarketCap, through an X post, has ranked different exchange platforms based on their total reserves for January 2026. CoinMarketCap has underlined the dominance of Binance while noting a difference in every company’s scale, asset strategies, and liquidity.
Binance has a total reserve of $155.64 billion. It is followed by OKX with $31.29 billion in total reserves. The difference is stark – hence, establishing the dominance of Binance. Bybit is ranked third on the list with reserves worth $14.17 billion. KuCoin ranks 8th, last, on the list with $2.16 billion in reserves.
Gate and HTX are 4th and 5th on the list, respectively. Their reserves stand at $7.86 billion and $6.92 billion, applicable in the same order. Bitget and MEXC are between HTX and KuCoin, in the same sequence, holding approximately $5.33 billion and $2.97 billion, respectively.
CoinMarketCap has broken down their reserves into five categories, namely Stablecoins, Other Alt Coins, Exchange Own Tokens, ETH & Derivatives, and BTC & Derivatives. MEXC has the highest stablecoin reserve of 78.97%, followed by KuCoin, which has 55.08% of the composition of stablecoins. HTX has only 23.37%.
Bitget has the highest BTC & Derivatives in its reserves (53.02%). Other Alt Coins are the least held tokens in the reserves. Bitget, KuCoin, and MEXC don’t have any allocation for the alt coin segment. Overall, reserves of all 8 exchanges are heavily led by stablecoins and BTC & Derivatives.
A few members from the community have noted that exchanges have emphasized the quality of liquidity over the size of liquidity. Another member has hailed Binance’s dominance, which dwarfs the competition with unmatched liquidity and trust in the market.
More highlights from CoinMarketCap cover its CMC20 Index, which is down by 2.47%. The list has the top 20 cryptocurrencies and shows a value of $157.08 at the time of writing this article. Also, the collective market cap of the crypto sector is down by 2.21%, hovering around $2.57 trillion right now.
Highlighted Crypto News Today:
Bitwise Acquires Chorus One to Boost Crypto Staking


