📊 #Kaiko report:

â–Ș #MNT Since October, Bybit's market share has grown from 8% to 16%, surpassing Coinbase to become the second largest exchange after Binance;

â–Ș Binance's $BNB dominance continues to erode, falling from 60% to 54% since October;

â–Ș The increase in volume on Bybit was mainly driven by both BTC and ETH;

â–Ș In contrast, Binance has seen stronger growth in altcoin volume, while the share of volume generated by BTC and ETH has dropped from 59% to 43%;

â–Ș Options traders are optimistic about the long-term prospects of $ETH ;

â–Ș $BTC liquidity continues to decline over the weekend;

â–Ș Exchange token volumes have fallen fourfold since the 2021 bull run