Q1 2026 Kaiko Ranking Shows Top Crypto Exchanges Open 20-Point Governance Lead

In Q1 2026, the Kaiko Exchange Ranking shows that leading cryptocurrency trading platforms have sharply widened their advantage over the broader market, especially in governance and security. Crypto.com secured the highest overall score of 85, including 95 for Business and 100 for Security, while the top 10 exchanges averaged a Governance score of 67 versus the wider market’s 47. Gemini led the industry with a Governance score of 82, and the six AA-rated venues averaged 73 for Governance as they prepare for Europe’s MiCA rules taking effect in July 2026.