{"as_of": "2026-07-08", "cohort_start": "2026-06-01", "referrals": 13, "by_exchange": {"bybit": 7, "okx": 1, "bitget": 5}, "depositors": 4, "signup_to_deposit_pct": 30.8, "dep_to_trade_median_days": 1.2, "dep_to_trade_sample": 1, "funded_not_traded": 2, "funded_not_traded_pct": 50.0, "kyc_pct": 38.5, "volume_usd": 298804.59, "fees_usd": 134.17, "maker_share_pct": 67.0, "fees_per_100k": 44.9, "effective_fee_pct": 0.045, "license": "CC BY 4.0 — cite https://rebatly.io/research/crypto-trader-activation/"}