kaikodata

There is still time to save 40% on Kaiko Research Premium.
Annual Premium is $60/year until July 31.
Get institutional-grade digital asset research, market analysis, downloadable chartbooks, reports, and Talk Data to Me AI Assistant.
Subscribe before the offer ends 🔗

Join Kaiko and Lise for an exclusive webinar.
Part of the Agora series, this webinar, in partnership with Lise, will explore how tokenized markets can contribute to financing the real economy, particularly for SMEs and strategic industrial companies.
Alongside Lise CEO Mark Kepeneghian, we will discuss an alternative to traditional financing in relation to the challenges of reindustrialization and sovereignty, exploring how ST Group was able to implement this approach.
Finally, we will address the essential role of data and interoperability in enabling tokenized securities to integrate with e

Hourly focus on April 25, 2026, the day of the White House Correspondents' Dinner where the price of the Official Trump coin fell sharply, dropping from approximately $3 to $2.50 within a few hours, while volumes simultaneously saw a marked upward spike.

Crypto is bouncing significantly since last week.
IV is down as the market has digested the geopolitical shocks ahead of this week's FOMC.
This week's chart book is available at

Crypto markets are rebounding after a weekend marked by geopolitical events.

📊 The latest Kaiko Exchange Ranking is now available.
This quarter, @cryptocom retains the number one spot, continuing to achieve excellent scores across governance, liquidity, and security criteria, while @Bitstamp and @fx came second and third, respectively.
All top 10 exchanges continue to show strong Kaiko Exchange Scores, reflecting the sector’s increase in maturity over the recent years, with standards improving across the board.
Read the full Q1 2026 ranking: 🔗

As assets and trading move on-chain, the cash leg remains tied to legacy rails. This growing mismatch is now one of the main structural frictions in scaling tokenized market infrastructure.
This is a critical topic we will explore at @TheAgora_Event on the panel: "The Cash Leg Dilemma: Stablecoins vs. Central Bank Money" moderated by Kaiko's Anne-Sophie CISSEY, Chief Administrative Officer.
This panel will feature:
➡️ Isabelle Delorme, Global Head of Product Strategy & Innovation at @EuroclearGroup
➡️ John Ho, Global Head of Financial Markets Legal at Standard Chartered
➡️ Pierre Davoust, He

The broader crypto market has been in freefall this week, with the global market cap plunging below $3 trillion for the first time since April. Despite BTC and ETH each dropping around 15% over the past week, some segments of the market have shown brief signs of relief.
The Kaiko Indices Layer-2 Index gained over 3% in the past 24 hours, marking our best-performing index during the recent downturn. The outperformance was primarily driven by $OP and $POL , though all four constituent assets recorded positive returns since Thursday.
Elsewhere, memecoins rose, lifting the Kaiko Meme Index. The bas

Tokenized repo is moving from pilot to production on Canton.
We're hosting a webinar with leaders from @digitalassetcom, @Tradeweb, @Broadridge, and @VirtuFinancial on what's working, what's not, and what needs to happen next.
Sign up, here 👉

This week we explored how options on TradFi and Crypto markets are pricing risk. While ATM IV tracks across IBIT and Deribit options, tail risk is price unevenly. Read the full report for me!

Corporate treasuries are driving this year’s crypto rally as firms like Strategy, BitMine & Metaplanet accumulate Bitcoin, Ethereum, and altcoins.

#ETH hit ATHs in price and liquidity, with 1% depth near $208M (2× since April) and rising across alts, driven by corporate treasury buying and record spot ETH ETF inflows.