Token Exchanges

Token Exchanges monitors the trading activity of digital assets on both centralized and decentralized exchanges. It provides data on liquidity, trading volume, and market depth, all of which are essential for understanding token supply-demand dynamics.

Usage:

• Market Liquidity and Token Price Discovery: The higher the liquidity on platforms like Uniswap or Binance, the lower the slippage and the more accurate the token price discovery.

• Arbitrage Opportunities: By tracking price differences between exchanges, users can exploit arbitrage opportunities, enhancing token liquidity across multiple markets.

Key Data:

• Exchange Liquidity: Depth of the order books, bid/ask spread.

• Volume by Exchange: Trading volume and liquidity across major exchanges (CEXs/DEXs).

• Market Depth: Analysis of liquidity at various price levels.