Research Insights

Quantitative perspectives and market analysis from the SQT research team.

Market Structure

The Evolution of Crypto Market Microstructure and Quantitative Opportunities

Exploring shifts in CEX/DEX liquidity landscapes, order book characteristic evolution, and emerging alpha sources. Analyzing market efficiency improvements and residual inefficiencies from a market maker's perspective.

2025.03
Risk Management

Quantitative Risk Control in Extreme Markets: Lessons from LUNA to FTX

Reviewing risk management practices during multiple 2022 black swan events, summarizing the unique characteristics of tail risk in crypto markets and response frameworks.

2025.01
Machine Learning

Applying Transformer Architectures to Crypto Asset Price Prediction

How we apply Temporal Fusion Transformers to multi-source time series data, achieving probabilistic forecasting of price trends with quantified uncertainty.

2024.11
On-Chain Alpha

On-Chain Data as Alternative Alpha Factors: An Empirical Study

Analyzing the predictive power of active addresses, whale transfers, and exchange net flows, and how to integrate them into a quantitative factor framework.

2024.09
Strategy

A Systematic Approach to Crypto Funding Rate Arbitrage

Deep analysis of perpetual contract funding rate statistical properties, arbitrage strategy construction methods, and capital efficiency optimization.

2024.06
Market Regime

Regime Detection and Adaptive Strategy Switching in Crypto Markets

Exploring how Hidden Markov Models and volatility clustering methods identify market states to dynamically adjust strategy weight allocation.

2024.03

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