Namecheap cheaper than Cloudflare Registrar for .io renewal!

I was trying to transfer a couple of .io domains from a seller, and Cloudflare quoted a price of $45 for an additional year beyond the domains’ current expiry, while Namecheap quoted ~$32. Looking around, it seems that there are even better/cheaper options [1].

Why is Cloudflare’s .io expensive, even though it promises wholesale prices and should be cheaper, or at least same price as other registrars?

[1] https://www.dreamhost.com/domains/?domain=fsdfsaf.io

That has been discussed several times already, please use the search.

Actually, Dynadot is cheaper than Namecheap.

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See .io domain price not wholesale price? (and use search next time)