Diving Into The Depths of Digital Asset Liquidity - Research Report & Webinar, in Partnership With Bitstamp.
Liquidity has historically been an area of acute focus in financial markets as it relates to a range of factors that market participants must consider. But just how liquid is digital asset liquidity and do we have the data to reliably assess this metric in our ever-evolving digital asset landscape?
To take a deep dive into assessing the true liquidity of digital asset exchanges, CryptoCompare has partnered with Bitstamp to produce a first of its kind report.
Key Findings Include:
- In June 2021, Coinbase traded the highest average daily volumes for BTC/USD and ETH/USD markets - $699mn and $595mn respectively, followed by Bitfinex ($405mn and $203mn) and LMAX Digital ($309mn and $109mn).
- For a simulated $10k order (buy or sell), LMAX Digital, Bitstamp and Bitfinex produce the lowest mean slippage.
- Kraken, Bitfinex, Coinbase and Bitstamp have the highest 0.1% and 1% order book depth across both BTC and ETH markets trading into USD and EUR.
- USD markets have tighter spreads than EUR markets overall, while BTC markets have tighter spreads than ETH markets.
Please download the report here and join us on September 16th, 12 PM EST / 5 PM BST, for a live discussion moderated by CryptoCompare's James Harris and featuring Edd Carlton of Flow Traders, Aya Kantorovich of FalconX and Daniel Masters of CoinShares. |
|
.jpg)
