Due to the SEC lawsuit, Binance’s market depth fell from 42% in 2021 to 30.7% in 2023For an ecosystem which pandered to the libertarian ideals of decentralization, the increasing centralization and dominance of a few crypto entities couldn’t get starker., Director of Research at Kaiko, liquidity in the crypto market has become more concentrated over time, with only eight trading platforms accounting for about 90% of global market depth and trading volumes.
Highly concentrated markets meant that the liquidity was not distributed evenly across exchanges. Such a situation, as perAnother issue with a disproportionate market share was that the collapse of one entity could bring the entire market down, something that was on show with the
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오: