April 1, 2020, 5:25PM EDT
• 3 min read

Evaluating the 'Big 3' staking exchanges: Coinbase, Binance and Kraken

Quick Take

  • The three big “staking” exchanges – Coinbase , Kraken, & Binance – now account for 19% of all Tezos that are currently staking
  • All 3 of the exchanges have become the largest validators that offer staking services on the Tezos network
  • Independent, non-custodial services such as Cryptium Labs have experienced diminishing rewards over the past two quarters while exchanges have experienced high growth for their services.

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