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The Block2026年10月27日2 分钟阅读

Crypto Market Structure Explained

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 affec

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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