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Ethereum
29/05/2023 Data Debrief
72% of ETH liquidity is concentrated on 5 exchangesBitcoin gained some ground early on Monday as U.S. lawmakers reached a debt ceiling deal in principle. Hong Kong confirmed it will allow retail traders to trade certain crypto assets starting June while the Digital Currency Group (DCG) closed its trade execution and prime brokerage units, citing bear market and regulatory uncertainty.
Written by The Kaiko Research TeamLiquidity
25/05/2023 Deep Dive
LDO's Shifting Market Structure: Unveiling Asset MetricsThis week we are excited to reveal Kaiko’s brand new Asset Metrics product, which aggregates liquidity and volumes for all assets across all exchanges. Using LDO as a case study, we’ll show how this product is a game changer for understanding a crypto asset’s market structure.
Written by Riyad CareyTether
22/05/2023 Data Debrief
Why is Tether's market cap approaching all time highs?Bitcoin lost some ground this week, down about 2%, as crypto trade volumes slipped to yearly lows. In other industry news, Digital Currency Group missed a $630 million payment owed to crypto exchange Gemini last week, the SEC responded to Coinbase’s lawsuit and Tether announced it would start buying BTC with 15% of its excess profits. In this week’s Debrief we explore:
Written by The Kaiko Research TeamStablecoin
18/05/2023 Deep Dive
Stablecoins: Does Trust Really Matter?After the events of 2023, Tether has become the dominant stablecoin, despite being the least trusted. In this week’s Deep Dive, we explore whether this is evidence that trust is a lower priority for crypto investors, who seem to prefer peg stability, liquidity and versatility more.
Written by Conor Ryder, CFA
Latest Analyst Calls
23/05/2023
The Current: May 2023WatchIn the May edition of The Current, we explore ETH liquidity and market structure, changing global patterns in trade activity, stablecoins and the rise of USDT, and lending and borrowing protocols.
18/04/2023
The Current: April 2023WatchIn the April edition of The Current, we discuss the market impact of Ethereum’s Shanghai upgrade, the state of liquidity, Binance’s drastic drop in market share, and a deep dive into Korean market structure.
21/03/2023
The Current: March 2023WatchIn the March edition of The Current, we explore the impact of the banking crisis on crypto market structure, DeFi’s reaction to the USDC de-peg, and more.
Latest REPORTS
Quarterly Market Report
04/04/2023
Quarterly Report: Q1 2023DownloadExpert analysis on the banking crisis, regulatory crackdown, liquidity, Binance’s market share and much (much) more.
Weekly Chartbook
29/05/2023
Chartbook: May 29, 2023Download40+ updating charts and analytics exploring BTC and ETH liquidity trends on the biggest centralized exchanges.
Weekly Chartbook
22/05/2023
Chartbook: May 22, 2023Download40+ updating charts and analytics exploring BTC and ETH liquidity trends on the biggest centralized exchanges.
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