Data Used in this Analysis
Metrics and analytics products tailored to the cryptocurrency derivatives market.
The most granular order book data in the industry optimized for quantitative analyis.
Centralized exchange data sourced from the most liquid venues, covering all traded instruments.
More From Kaiko Research
28/09/2023 Deep Dive
We’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.