As the year comes to a close we wanted to recap some of the top stories and datapoints of 2024. It was a seminal year for crypto markets. In spite of hostile regulatory conditions persisting it was also a monumental year for regulatory development with the launch of BTC and ETH ETFs alongside impending regime changes.

This week, we’re looking at wash trading on cryptocurrency exchanges, focusing on the FBI’s recent investigation, and exploring the metrics to use for raising concerns about market manipulation in crypto markets.

가상자산 업계는 잦은 해킹과 자금 관리 부실로 인해 안정성과 건전성 문제를 지속적으로 겪고 있으며, 이러한 부정적인 사건들로 인해 업계의 신뢰도가 크게 손상되고 있다. 따라서 거래소에 대한 지속적인 모니터링이 중요하며, 규정 준수 여부와 거래 활동 등을 정기적으로 관찰하고 분석하는 것이 필요하다. 특히 거래소의 유동성은 가장 중요한 지표로, 거래량뿐 아니라 시장 심도 등 다양한 요소들을 종합적으로 고려하여 분석해야 한다.

This week we will take a closer look at the liquidity component of our exchange ranking. We look at what’s driving top exchanges liquidity between volume and market depth, and how to replicate those liquidity metrics with Kaiko’s Data.

This week, we explore the on-chain transactions surrounding the BTC ETFs.

This week we’ll take our first in-depth look at Market Depth on CEXs and on Uniswap V3 with a comparative approach. We’ll mainly focus on liquidity distribution across prices and markets, aiming to enhance our understanding of liquidity dynamics and provide you with tools to harness the potential of CEX/DEX data. In today’s trading landscape with DEXes gaining market share, knowing which exchanges or pairs offer optimal trade execution is crucial. Kaiko’s depth data makes that possible.