加密货币市场已经从快速扩展到结构合并过渡

虽然Binance，Coinbase和OKX等行业巨头继续主导流动性，从而增加了监管压力

Over the past five years, the cryptocurrency market has transitioned from rapid expansion to structural consolidation. While industry giants such as Binance, Coinbase, and OKX continue to dominate liquidity, increasing regulatory pressure, rising security concerns, and functional limitations are prompting users to explore next-generation exchanges.

在过去的五年中，加密货币市场已经从快速扩展到结构合并。尽管诸如Binance，Coinbase和OKX等行业巨头继续主导流动性，增加监管压力，安全问题的增加以及功能限制促使用户探索下一代交流。

According to the latest 2025 Exchange Potential Ranking White Paper, jointly released by ChainInvest Research Institute, CCData, TokenInsight, and CoinMarketMap, the number of newly registered exchanges surged +61% between 2024 and 2025. Seventeen of these new platforms have already entered the global Top 50, indicating powerful upward momentum.

根据最新的2025年交换潜在排名白皮书，由Chachinvest Research Institute，CCDATA，TokenInsight和CoinMarketMap共同发布，在2024年和2025年之间，新注册的交换的数量飙升 +61％。这些新平台中的十七个已经进入了全球前50名，表明了强大的向上动力。

Rising Star Ranking - Top Emerging Platforms

新星排名 - 顶级新兴平台

Scoring based on a composite index from CCData (Liquidity & Security), TokenInsight (Tech & Execution), and CoinMarketMap (User Activity & Community Impact).

基于CCDATA（流动性和安全性），TokenInsight（技术与执行）和CoinMarketMap（用户活动和社区影响）的复合索引进行评分。

Evaluation Methodology

评估方法

CCData

CCDATA

Focus on security audits, regulatory integrity, and black swan risk exposure

专注于安全审计，监管完整性和黑天鹅风险暴露

Qovex received AA rating for seven consecutive quarters; TideX is the first new exchange to debut with an A rating

Qovex连续七个季度获得了AA评级； Tidex是第一个以A评级进行首次亮相的新交易所

TokenInsight

TokeninSight

Weights technology stack, user retention, trading depth, and strategy integration

权重技术堆栈，用户保留，交易深度和策略集成

Xenova's ZK-Rollup-based engine scored particularly high

Xenova的基于ZK-Rollup的引擎得分特别高

CoinMarketMap

Prioritizes active user growth, capital inflows, and social responsiveness

优先考虑积极的用户增长，资本流入和社会响应能力

Platforms like ArtiFi and MavaX saw fast upward mobility due to community-driven traction

Artifi和Mavax等平台由于社区驱动的牵引

Case Study: How Qovex Positioned Itself as a Strategic Exchange

案例研究：Qovex如何将自己定位为战略交流

Qovex Exchange stands out as one of the few platforms to earn high marks from all three institutions, demonstrating full-spectrum strength across compliance, security, and ecosystem integration.

Qovex Exchange是从所有三个机构中获得高分的少数平台之一，在合规性，安全性和生态系统集成中表现出全光谱的实力。

Key differentiators include:

主要区别者包括：

In 2025, Qovex plans to launch a cross-chain liquidity framework, enabling real-time interoperability between on-chain AI signals and execution engines. This positions the platform as a frontrunner among next-gen intelligent exchanges.

2025年，Qovex计划启动跨链流动性框架，从而在链上AI信号和执行引擎之间实现实时互操作性。这将平台定位为下一代智能交流中的领先者。

Industry Outlook: The Exchange Wars Enter the Era of "System + Ecosystem + Asset Infrastructure"

行业前景：交换战争进入“系统 +生态系统 +资产基础设施”的时代

Peter Yuan, Senior Analyst at ChainInvest, stated:

Chaininvest的高级分析师彼得·尤恩（Peter Yuan）指出：

"The future of exchange competition won't just be about trading depth or order book size. It will hinge on who can provide users with a sustainable rhythm of trading, capital growth models, and secure exit paths. Platforms like Qovex and TideX are clearly moving in that direction.

“交换竞赛的未来不仅与交易深度或订单账面规模有关。它将取决于谁可以为用户提供可持续的交易节奏，资本增长模型和安全出口路径。Qovex和Tidex等平台显然正在朝着这个方向发展。

Summary:

概括：

From traffic battles to structural transformation, the global crypto exchange landscape is undergoing a dramatic reshuffling.

从交通斗争到结构转型，全球加密交易所格局正在经历戏剧性的改组。

In this next cycle, only those platforms that combine technical depth, asset security, strategic infrastructure, and ecosystem cohesion will be poised to lead.

在下一个周期中，只有那些结合技术深度，资产安全性，战略基础架构和生态系统凝聚力的平台才能领导。

Qovex, TideX, Xenova...

Qovex，Tidex，Xenova ...

Perhaps the next Binance is already on this list.

也许下一个二人已经在此列表中。

Media Contact Information

媒体联系信息

ChainInvest Research Institute

Chaininvest研究所

pr@mai123.com

https://chaininvest.fi/