Generate a liquidity-based asset ranking

Identify an asset's liquidity, put it into a ranking and then compare it with the market cap to evaluate its true value. Go beyond simple market capitalization to generate more accurate token value estimates.

The graph above shows the market depth for FFT, and highlights how there was a significant drop in liquidity - even though it was in the top 20 for market cap - prior to its collapse.

How to build the request

With the Market Metrics Asset endpoint, you can use the following parameters to source the specific information you're looking for:

Paramater	Value
asset	FTT
start_time	2022-11-05T00:00:00.000Z
end_time	2022-11-28T00:00:00.000Z
interval	1d
sources	true

You can find specific asset codes from our instruments explorer or reference data.

NOTE: To calculate the gap between market depth, you'll need access to market cap data.

Here's an example of an HTTP string request using the values above:

https://us.market-api.kaiko.io/v2/data/analytics.v2/asset_metrics?start_time=2022-11-05T00:00:00.000Z&end_time=2022-11-28T00:00:00.000Z&asset=fft&interval=1d

When you receive your response, search for the following fields to find the data you need:

• timestamp

• buy_market_depths

• sell_market_depths