According to DLnews, the latest Kaiko report shows that the excessive concentration of liquidity in the crypto market on a few platforms such as Binance poses significant structural, operational and legal risks. The report warns that although Binance is the world's largest exchange (spot trading volume 15.30 billion USD, derivatives unpositioned squaring contracts 27 billion USD), the platform is not formally regulated, has been convicted in the US for poor anti-money laundering, and does not hold a European Union MiCA license.
The crypto market plunge in October led to the collapse of the $19 billion futures position, causing Binance to experience price deviations and account access issues. Kaiko researchers pointed out that if Binance experiences an operational, legal or technical shock, it may cause severe market volatility.
Kaiko: Binance's market dominance poses a systemic risk
2025-12-15 02:07:55
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Kaiko：币安市场主导地位恐构成系统性风险Next article：
易理华：依旧认为现在是买入ETH最佳区间
