Kaiko Announces Launch of DEX Liquidity Pool Data
- 19.05.2022 02:45 pm
Kaiko, the leading cryptocurrency market data provider for institutional investors and enterprises, today announces the launch of its decentralised (DEX) liquidity pool data feed. This move, covering Uniswap, SushiSwap, Curve Finance and Balancer, brings much needed transparency to DEX liquidity pools for institutional investors and financial institutions.
Today’s announcement follows the launch of Kaiko’s DEX data feed in November 2021, which also covers trade data for the four main DEX exchanges. Kaiko will now display comprehensive liquidity data across the full spectrum of digital finance markets, both historically and in real time, from the same endpoints. This will enable Kaiko’s clients to have visibility over all DEX liquidity pools.
Decentralized exchanges are a critical part of the DeFi economy with more than $20B total value locked (TVL) in token reserves. Until now, access to standardized liquidity pool transactions and token reserves on multiple DEXs has been limited. Kaiko’s Liquidity Pool data now enables financial institutions and enterprises to easily analyse liquidity provider activities and liquidity pools market depths, equipping investors with the information they need to understand the market.
Kaiko's involvement in the DeFi space has been increasing in recent months to help facilitate the transition of financial institutions to blockchain. Kaiko is a first party data provider for major oracles, but also an Ethereum node operator. With a strong roadmap ahead, Kaiko will keep developing products to satisfy investor demand in DeFi market data.
Ambre Soubiran, CEO of Kaiko, said: “We are delighted to have launched data coverage of DEX liquidity pools. It is our mission to increase data transparency, reliability, and integrity across digital finance markets. Kaiko has become a reference in institutional grade DeFi market data; with today’s announcement we hope to empower institutional investors to make more efficient allocation decisions.”