
Riyad Carey is a Research Analyst at Kaiko and covers DeFi, lending and borrowing, and regulation. He can be contacted at riyad.carey@kaiko.com.
Binance
30/11/2023 Deep Dive
Who's the Winner After Binance's Settlement?Another market overhang was removed last week as Binance settled with the DOJ. But who came out on top?
Written by Riyad CareyBitcoin
09/11/2023 Deep Dive
Surveillance Sharing and Manipulation: Is a Spot ETF Imminent?The SEC has cited a lack of surveillance sharing and the potential for manipulation as reasons for rejecting previous spot bitcoin ETF applications. Are new surveillance sharing agreements with Coinbase enough?
Written by Riyad CareyAsia
26/10/2023 Deep Dive
Exploring the Korean Crypto MarketThis week we explore the South Korean crypto market and the rise of Upbit, one of the largest crypto exchanges in the world for altcoin trading.
Written by Riyad CareyAsia
26/10/2023 Deep Dive
한국 암호화폐 시장 리서치This week we explore the South Korean crypto market and the rise of Upbit, one of the largest crypto exchanges in the world for altcoin trading.
Written by Riyad CareyLiquidity
19/10/2023 Deep Dive
Understanding Centralized Exchange Liquidity DataThis week we take a step back to explain some fundamental concepts around Kaiko’s liquidity data.
Written by Riyad CareyCEX
12/10/2023 Deep Dive
What's Happening at Huobi?Detailing unusual activity on HTX, beginning by exploring the exchange’s relationship with Poloniex, then moving to trading volumes, its USDT-USDC pair, and transactions with Binance.
Written by Riyad CareyLiquidity
28/09/2023 Deep Dive
Q3 Token Liquidity RankingsWe’re back with another edition of Kaiko Research’s quarterly liquidity ranking, this time enhanced with more metrics and expanded to the top 40 tokens. As mentioned in previous rankings, it’s our contention that market capitalization is a flawed metric, and a ranking of liquidity is more representative of a token’s true value. Let’s see how the tokens fared this quarter before breaking down the components that went into the ranking.
Written by Riyad CareyDEX
14/09/2023 Deep Dive
Beneath the Surface of Uniswap Pools: Just-in-Time Liquidity RevisitedThis week we take another look at just–in–time liquidity, a little-studied phenomenon that has generated $750bn in liquidity event volume on Uniswap V3 this year.
Written by Riyad Carey