Hello! We're
CoinGecko.com. Crypto data aggregator since 2014.
We've recent published another
Quarterly Report for Quarter 3 2019.
In this 53 page report, we explain what's new in the cryptocurrency space. Q3 does feel like the "autumn" that comes after crypto summer.
On the other hand, the crypto industry is experiencing rapid growth in the derivatives sector. There was a 300% increase in the number of derivatives exchanges tracked, from 6 exchanges to 17 exchanges. Even
Binance, the largest spot exchange by trading volume, is also now involved in the derivatives market.
With the aim of creating a more efficient money market, DeFi has seen strong growth in the types of applications coming on board. Within the span of one year, the amount of ether locked in smart contracts to power DeFi has tripled to approximately 2.9 million.
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The Report also talks about Trust Score, an algorithm we launched in May 2019 to provide additional insights into crypto exchanges’ real liquidity through order book and web traffic analysis. We developed Trust Score 2.0, which incorporates additional metrics and is bucketed into 5 major categories: Liquidity, API Technical Coverage, Scale of Operations, Cryptocurrency Reserves, and Regulatory Compliance.
Feel free to take a look at this new report and let us know what you think.
Download the full report.