Crypto market structure is the architecture behind digital asset markets. It explains who participates, where trades happen, how liquidity forms, how prices are discovered, how derivatives and funding rates work, and how market design affects execution, fairness, risk, and resilience.
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SoFi broke out crypto products for the first time. Gross crypto revenue rose 20%, while total net revenue hit a record $1.39 billion.
Deposits go to a Steakhouse-curated Morpho vault on Robinhood Chain, with rewards topping up lending interest and withdrawals dependent on vault liquidity.
BNY adds XRP and RLUSD to its custody platform, as Ripple and C2FO test settling invoice payments on the XRP Ledger.
Galaxy returned to profitability in the third quarter as trading volumes and lending increased, with a new $200 million buyback authorized.
The company plans to expand its AI business and hire about 12 people by year-end, COO Ethan Vera told The Block.
A matched price-gap example shows why one order may sell below its trigger while the other leaves tokens unsold. Onchain swaps add liquidity and transaction checks.
