CoinDesk Research

Latest from CoinDesk Research
Risk-On Returns: Binance Leads the Flows Pickup
Majors are up 8.2% MTD and Binance is capturing 78% of CEX inflows. Stablecoin deposits are building dry powder while BTC outflows point to accumulation. This regime is currently trader-led.

Owning All Three: Jito’s Stack Play - JTX and the Third Layer
Jito owns Solana's MEV stack; JTX adds a trading frontend capturing DEX fees and internalising MEV. Hedges bear, layers upside in bull - if unlocks clear.

Bitstamp by Robinhood Tops CoinDesk's May 2026 Exchange Benchmark
With the AA grading threshold raised to 85 and six exchanges meeting the new standard, CoinDesk's May 2026 Exchange Benchmark reflects a higher bar for institutional-grade compliance across the global digital asset exchange sector.

Stablecoin Market Cap Hits All-Time High of $321B as USDT Records New All-time High
The stablecoin sector hit a record $321B in April. USDT reclaimed momentum with new all-time highs at $190B while USDe dropped 36% amid Aave looping unwinds.

Oil, ETFs, and the TradFi Perp Land Grab
Binance & HIP-3 lead $103B in TradFi perp volumes this April, driven by commodity hedging demand for 24/7 oil and gold access amid macro uncertainty

The 2026 Global Digital Asset Adoption Index
Asia leads in stablecoin flows, trading volume, and on-chain activity, while the U.S. builds the institutional infrastructure set to define crypto's next phase of scaled adoption.

Tron Network - Q1 2026
With USDT on TRON surpassing $85 billion and protocol fees reaching $82 million, TRON cemented its stablecoin infrastructure lead while expanding into institutional derivatives and agentic payments in Q1 2026.

Digital Assets: Quarterly Review and Outlook Q1
Digital assets struggled in Q1 2026, driven down by tight macro, geopolitical uncertainty, and weak institutional flows. Our report examines what went wrong, what went right, and what's next – including the growing institutional appetite for crypto.

Spot Trading Volumes Drops to the Lowest Level Since September 2024
In March, spot volumes fell 15.7% to $1.27T, recording the lowest monthly figures since September 2024. Derivatives volumes declined 3.20% to $3.99T.

Stablecoin Market Cap Hits All-Time High of $317B as Tokenized Assets Surpass $16B
The second consecutive month of gains pushed the sector to a new record, even as an $80 million exploit briefly sent one stablecoin to near zero.
