CEX listings outperform Nasdaq and Dow IPOs with 80% average returns

19 hours ago 13

Cryptocurrency listings person outperformed the mean of accepted banal listings, contempt caller assemblage disapproval regarding the manipulation imaginable of token listings connected centralized exchanges.

Token listing procedures connected centralized cryptocurrency exchanges (CEXs) drew important contention aft Changpeng “CZ” Zhao, co-founder and erstwhile CEO of Binance, called the process flawed aft disappointing performances of immoderate token listings.

Despite the criticism, crypto exchanges person outperformed accepted banal exchanges successful presumption of listings with affirmative returns connected concern (ROI) and mean ROI, according to an April 3 CoinMarketCap study shared exclusively with Cointelegraph.

Over the past 180 days, crypto speech listings had an mean instrumentality of implicit 80%, outperforming the largest accepted banal indexes specified arsenic the Nasdaq and Dow Jones, arsenic good arsenic Bitcoin (BTC) and Ether (ETH).

The 80% instrumentality refers to the mean show of each listed tokens by the 7 large exchanges, including Binance, Bybit, Coinbase, OKX, Bitget, Gate and KuCoin.

Moreover, 68% of crypto speech listings boasted a affirmative ROI, outperforming the New York Stock Exchange’s (NYSE) 54% and the Nasdaq’s 51%.

“This information suggests that crypto exchanges person made advancement successful refining their listing,” the study said.

Cryptocurrencies listed connected CEXs mostly spot high request from investors arsenic the exchanges supply important caller liquidity that tin boost the coins’ terms performances aft listing.

Token-listing criteria connected CEXs started garnering attraction successful November 2024, aft Tron laminitis Justin Sun claimed that Coinbase allegedly asked for $330 cardinal successful full fees to database Tron (TRX), a astonishing allegation since Coinbase claims to complaint nary fees for listing caller cryptocurrencies.

Token listing show inactive depends connected broader marketplace conditions: Binance

Recent capitalist disappointment with immoderate token listings whitethorn stem from historical nett expectations owed to the important upside of galore CEX-listed tokens.

Still, the returns of a cryptocurrency aft listing beryllium connected the wider marketplace appetite, a Binance spokesperson told Cointelegraph, adding:

“Outcomes tin alteration depending connected broader marketplace conditions. As the manufacture matures, we’re seeing reduced volatility compared to earlier cycles — a displacement that reflects greater stableness and semipermanent sustainability successful the crypto market.”

“Crypto investors’ expectations for caller listings to execute good are understandable and often shaped by the historical success” of CEX listings, added the spokesperson.

Binance, the world’s largest crypto exchange, listed 77 cryptocurrencies passim 2023 and 2024, with a 0% delisting rate.

Binance announced a assemblage voting mechanics for token listings connected March 9, to marque the listing process much decentralized.