Market Makers Continue to Reduce Liquidity
Data Used in this Analysis
Derivatives MetricsLearn More
Metrics and analytics products tailored to the cryptocurrency derivatives market.
Liquidity MetricsLearn More
The most granular order book data in the industry optimized for quantitative analyis.
Trade VolumeLearn More
Centralized exchange data sourced from the most liquid venues, covering all traded instruments.
More From Kaiko Research
29/05/2023 Data Debrief72% of ETH liquidity is concentrated on 5 exchanges
Bitcoin 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.
25/05/2023 Deep DiveLDO's Shifting Market Structure: Unveiling Asset Metrics
This 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 Carey
22/05/2023 Data DebriefWhy 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:
18/05/2023 Deep DiveStablecoins: 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