Quote from: dansus021 on Today at 05:12:58 PM

Quote from: DegenLite on August 08, 2024, 09:15:37 PM

Does anyone here use Deribit or ever heard of it, I checked it and they only have 50k followers on twitter. Why am I asking about an irrelevant exchange you ask? Well, I saw them 2nd on top CEX by 24h vol lol
Source: https://x.com/GracyBitget/status/1821381953737863260?s=19

What

deribit is top 2 I don't believe in this to be honest I usually check Centralized Exchange through this https://www.coingecko.com/en/exchanges or https://coinmarketcap.com/rankings/exchanges/ and noway that deribit is even top 5 based on that.
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Which CEX is the best? for me right now the best exchange is only binance and bybit both of them I usually used on weekly basis

According to DefilLama sources, Deribit exchange is in 3rd position but after checking again Deribit is in 10th position in DefilLama. https://defillama.com/cexs

Even I saw the exchange mentioned by OP is not in the top list in Coingecko and Coinmarketcap I myself am still unfamiliar with Deribit exchange because this is my first time.

Never choose an exchange that is known enough, just a popular exchange that most people/investors use.