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Crypto exchanges

Kraken vs Bitfinex

Kraken wins on measured health — 8.53/10 against 8.24/10. Note the coverage gap: we measured 72% of the criteria for Kraken and 82% for Bitfinex. Some of that gap is the finding — a service that publishes less can be measured less.

Last collection 2026-08-25: probed 252 services, measured 233, over a 90-day window.

MeasuredKrakenBitfinex
Status nowDegradedNot published
Score
On what we could measure: 72% of the criteria weight for Kraken, 82% for Bitfinex.
8.53/108.24/10
Value locked—$19.22B
Age15.7 yr14.7 yr
Latency (our probe)102 ms82 ms
Median fix343 min—
Status feedstatuspagenone

Kraken

8.53 / 1072% measured
SCALEScale of value trusted
n/a

No public on-chain value to measure — not a smart-contract service, or not tracked by DefiLlama.

TRACKTrack record
28% weight10/10

Live 15.7 yr (since founding (2011), public record). Most failures happen young, so time survived is real signal.

measured 2026-08-25 11:09 UTCevidence ↗
STATUSStatus transparency
25% weight10/10

Publishes a machine-readable incident archive (statuspage) — its whole record can be checked by anyone, including against us.

measured 2026-08-25 11:09 UTCevidence ↗
INCIDIncident repair time
25% weight5/10

Median 343 min from published report to resolution across 49 logged incidents. Scored on repair speed, not on how many it logged.

measured 2026-08-25 11:09 UTCevidence ↗
PERFLatency
22% weight9/10

Median 102 ms to first byte from a public API endpoint, our own probe, slowest sample discarded, single location. Compared only within this category.

measured 2026-08-25 11:09 UTCevidence ↗
Where we docked points

Incident repair time: Median 343 min from published report to resolution across 49 logged incidents. Scored on repair speed, not on how many it logged.

Bitfinex

8.24 / 1082% measured
SCALEScale of value trusted
34% weight10/10

$19.22B in value locked (DefiLlama). Capital is the market voting with its money — scored on a log scale, so the jump from $10M to $100M counts for more than $10B to $20B.

measured 2026-08-25 11:09 UTCevidence ↗
TRACKTrack record
24% weight10/10

Live 14.7 yr (since founding (2012), public record). Most failures happen young, so time survived is real signal.

measured 2026-08-25 11:09 UTCevidence ↗
STATUSStatus transparency
22% weight2/10

No public status page found. Nothing about its reliability can be verified from outside — including by us.

measured 2026-08-25 11:09 UTC
INCIDIncident repair time
n/a

No incident feed we can read, so no repair time to compute.

PERFLatency
20% weight10/10

Median 82 ms to first byte from a public API endpoint, our own probe, slowest sample discarded, single location. Compared only within this category.

measured 2026-08-25 11:09 UTCevidence ↗
Where we docked points

Status transparency: No public status page found. Nothing about its reliability can be verified from outside — including by us.

Who this is NOT for

Anyone who needs to know when it breaks: no status feed, so you find out it is down by discovering it yourself.

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