‘Alameda Gap’ in Crypto Liquidity Persists With Bankman-Fried on Trial

As Sam Bankman-Frito goes to trial for the largest alleged fraud in the crypto world, liquidity in the digital asset market It's still only half of what it was before its FTX trading platform collapsed almost a year ago.

The sudden drop in liquidity was dubbed the “Alameda Gap” in November by blockchain data company Kaiko. Alameda Investigation It was the commercial arm of the failed Bankman-Fried digital empire. The lingering effect is largely a result of the huge losses that market makers suffered after the crisis, Kaiko researchers wrote in a report on Tuesday.