According to Wu Blockchain, data from DefiLlama MiCA exchange shows that Kraken has the most significant liquidity advantage among related platforms, with spot liquidity at $399.71 million and perpetual contract liquidity at $206.90 million, both ranking first. Coinbase's spot and perpetual contract liquidity are $305.23 million and $167.39 million, respectively. Among other platforms with recorded liquidity, Crypto.com’s spot liquidity stands at $130.84 million; Bitstamp and Bybit are at $54.62 million and $50.19 million, respectively; OKX, Gate, and Backpack are at $11.92 million, $6.94 million, and $5.43 million, respectively. For perpetual contract liquidity, Backpack and OKX are at $41.19 million and $20.54 million, respectively. https://www.(wublock123.com)/news/defillama-kraken-leads-spot-perp-liquidity-market-coverage-mica-64245