Blofin Breaks Into Top 25 Derivatives Exchange Ranking on CoinMarketCap and Achieves Top 6 on CoinGecko

MARSHELL ISLANDS –
Media OutReach – 21 November 2023 – In just 10 months since its launch,
Blofin has achieved a significant milestone by securing the 25th position on
CoinMarketCap, establishing itself as one of the fastest-growing derivatives exchanges. Additionally, Blofin has further solidified its market presence by reaching the top 6 position on
CoinGecko earlier. With over 240 perpetual contracts available, the platform boasts an impressive 24-hour trading volume exceeding 5 billion dollars.

Blofin’s rankings on CoinMaarketCap and Coingecko

 

These notable achievements underscore Blofin’s exponential growth across all dimensions since its establishment in January 2023. The rise in rankings is concurrent with a significant diversification in trading offerings, global expansion initiatives, and an overall enhancement of the exchange ecosystem, empowering users to trade with ease and confidence.

Notably, Blofin secured a $50 million investment in 2021, led by Kucoin with significant contributions from SIG and Matrix Partners. Kucoin, being a sole investor in Blofin among exchanges, alongside SIG, a major shareholder of TikTok, have shown substantial confidence in Blofin’s potential within the crypto exchange domain.

Hashtag: #Blofin

The issuer is solely responsible for the content of this announcement.