New Report: Bybit’s Post-Hack Liquidity Comeback

Insights.
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Liquidity
19/05/2025 Data Debrief
A Summer of Uncertainty Ahead?Bitcoin barely moved, holding near $103K on Monday after Moody’s stripped the U.S. of its last triple-A rating amid mounting debt. Meanwhile, Coinbase entered the S&P 500, but the euphoria was short-lived. The exchange revealed th...
Ethereum
12/05/2025 Data Debrief
Could Pectra reset ETH's bull case?Ethereum surged by nearly 40% last week, outperforming BTC after its largest upgrade to date. Meanwh...
Written by The Kaiko Research TeamUSDC
05/05/2025 Data Debrief
USDC Outpaces Rivals.Bitcoin held near $95K on Monday as markets brace for this week’s Fed meeting. Last week’s U.S. data...
Written by The Kaiko Research Team
Curve
02/03/2023 Deep Dive
Whales vs. Retail: Who's Using Curve?This week we explore a pillar of the DeFi ecosystem: Curve Finance.
Written by Riyad CareyLiquidity
23/02/2023 Deep Dive
A Crypto Friendly Asia: What It Will Mean For MarketsThis week, reports emerged that Hong Kong could soon enable retail investors to trade certain cryptocurrencies. Will Asia lead the next bull run as US regulators continue to clamp down? What will this mean for Asia-based crypto projects and exchanges? How do indices play a role? We dive into the narrative and explore its ramifications.
Written by Conor Ryder, CFADeFi
20/02/2023 Data Debrief
BLUR’s Big DebutCrypto markets continued to soar despite another week packed with regulatory punches. Last week, the SEC formally charged Terra founder Do Kwon, alleging a “multi-billion dollar fraud” against investors in the UST stablecoin and LUNA.
Written by The Kaiko Research TeamLiquidity
09/02/2023 Deep Dive
How to Spot Artificial VolumeOften times investors are left scratching their heads when they see a small exchange high up the volume ranking on certain websites. The assumption is that some, or a significant amount of these volumes figures are artificially inflated by wash-trading on that exchange. This week, we present a framework that can be used to spot cases of wash-trading, pointing out potential examples of our own on the way.
Written by Conor Ryder, CFA
