**media[959303]**PROVIDENCIALES, Turks and Caicos Islands, March 4, 2026 /PRNewswire/ -- CryptoQuant has released its Annual Exchange Leader Report 2025, evaluating centralized exchanges across structural transparency, trading performance, reserves, and proof-of-reserves (PoR) standards. In this year's assessment, KuCoin was recognized as the leading exchange in PoR transparency, earning a score of 96.7 (A+). The report measures transparency across public wallet disclosure, user-level balance verification, reporting cadence, third-party attestations, and recency metrics. KuCoin achieved the highest structural transparency standards among evaluated platforms.
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