Impact

Coin

<ul class="news-points"> 
 <li>A new report by Kaiko takes a closer look at the aftermath of FTX’s collapse in November 2022.</li> 
 <li>FTX’s collapse paved the way for Coinbase and OKX to reclaim spot and derivatives market share.</li> 
 <li>The exchange’s native token FTT has failed to recover the 95% drop it witnessed after FTX’s collapse.</li> 
</ul> 
A new <a href="https://research.kaiko.com/insights/looking-back-on-ftxs-impact" target="_blank" rel="nofollow">report</a> by crypto analytics firm Kaiko takes a closer look at the aftermath of FTX’s collapse in November last year. Kaiko’s research found that centralized crypto exchanges like Coinbase and OKX were able to reclaim a considerable percentage of the crypto spot and derivatives market share after FTX’s implosion. 
According to the Kaiko Research Team, the global crypto liquidity had reduced by half within a week of FTX’s collapse. This vacuum was nicknamed the “Alameda Gap”, referring to FTX’s sister firm Alameda Research, which was founded by <a href="https://coinedition.com/tag/bankman-Fried/">Sam Bankman-Fried</a> as a quantitative crypto trading firm. 
The Alameda Gap represents the drop in liquidity on crypto exchanges around the world. Market markers and institutional traders incurred huge losses. Meanwhile, the gap has reportedly not yet recovered, with the crypto market depth still at just hal…
The post <a rel="nofollow" href="https://coinedition.com/kaiko-report-takes-a-closer-look-at-the-impact-of-ftxs-collapse/">Kaiko Report Takes A Closer Look At The Impact Of FTX’s Collapse</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

Kaiko Report Takes A Closer Look At The Impact Of FTX’s Collapse

Coin Edition

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