Birdeye Debuts Institutional Terminal Peak as Bot Activity Surges in Crypto

Billions of dollars flow through crypto markets daily, and investors track volumes to see where money moves and which assets gain attention. But what share of that activity is driven by humans?

Birdeye's data suggests that roughly two-thirds of crypto trades come from bots. On Solana, automated activity may account for up to 80% of trading volume, yet only a small number of wallets appear responsible.

The Singapore-based company launched Peak on Wednesday, targeting investment funds, family offices and professional traders. Subscriptions start at $799 per month, with custom packages for larger institutions.

Birdeye already provides data to major crypto platforms, tracking over 400 exchanges across 20 blockchains. Peak brings this information directly to institutional investors in one place.

Birdeye Peak is introduced as a unified digital asset terminal for financial institutions and professionals, designed to navigate Internet Capital Markets from a single platform.

— Birdeye Data (@birdeye_data) October 21, 2026

What Does Birdeye Peak Actually Do?

Consider a fund preparing to buy $10 million worth of Bitcoin. A large daily volume figure reveals little about where trading occurs or whether a big order could move the price.

Peak is designed to answer such questions.

Entering TDA BTC shows Bitcoin's spot volume across individual exchanges, including each venue's market share. Users can examine liquidity depth, holder concentration, ETF flows, regulatory filings and fundraising history in one workspace.

The terminal also covers token unlock schedules, wallet activity and risk measures, and offers AI-assisted research, watchlists and spreadsheet exports.

For institutions, these details can guide investment sizes, trade execution venues and risk assessment.

“The token screener, what most people know as Birdeye Terminal, was simply our first major product, and it now serves millions of retail users,” co-founder and CEO Kha Nguyen told BeInCrypto. “When millions of people depend on your numbers, you have to get accuracy and latency right at the same time, every day. That pressure forced us to develop deep expertise in data indexing and analysis.”

Coinbase relies on Birdeye Data's Exit Liquidity API to evaluate onchain pools on Base. The API estimates the amount of value that can leave a pool before significant slippage, going beyond reported liquidity.

— Birdeye Data (@birdeye_data) October 12, 2026

Crypto Trading Is Dominated by Bots, Birdeye’s Data Suggests

Birdeye's research highlights a phenomenon rarely visible on standard trading dashboards.

The company estimates that about one-third of trades come from humans and two-thirds from bots. On Solana, as much as 80% of trading volume is identified as automated activity.

Yet only 1% to 3% of wallets behave like bots, according to its September analysis.

“If a trade happened onchain, its volume is real, it moved the market,” Nguyen said. “The more interesting question is how much of that volume comes from humans trading manually versus bots, and the answer is striking. A very small number of bots is responsible for the majority of crypto trading volume,” he said. “That is exactly the kind of signal institutions need to see clearly, and it is what Peak is built to surface.”

The implications extend beyond professional trading desks.

A token recording millions in daily volume might appear to attract enormous investor interest. Some of that activity could instead come from automated market-making, arbitrage or bots repeatedly buying and selling.

This matters when investors use volume to judge market interest or liquidity.

Birdeye identifies bots through rule-based analysis of trading behavior.

“Generally we’ll categorise them as a bot when they do something a human technically cannot,” Nguyen explained.

That includes several trades per second, complex contract interactions and purchases within seconds of a token listing.

However, the findings remain preliminary. Birdeye has yet to publish its full methodology, which it plans to release in December alongside a Solana year-end report.

Note: The figures have not been independently verified, and automated trading does not necessarily indicate manipulation.

Crypto’s Data Companies Are Fighting for Wall Street

Peak's launch comes amid a major upheaval in crypto analytics.

• In June, Kaiko acquired Amberdata.
• Blockworks bought Messari the same month for a reported sum exceeding $10 million, far below Messari’s $300 million valuation in 2022.
• Allium raised $40 million, while Dune cut 25% of its workforce as it refocused on institutional customers and AI.

Reliable data has become increasingly important as AI assistants enter financial research.

When Blockworks opened its datasets to AI tools, co-founder Jason Yanowitz warned that “the agent has no way to check a number, so the data has to be standardized and sourced before it ever gets there.”

Birdeye believes owning its data infrastructure gives it an advantage. Unlike several competitors, the company has taken no outside funding.

“Every financial decision should come from real business demand and what helps the company grow healthily, not from following a trend,” Nguyen said. “Having capital and knowing how to deploy it well are two different things. I want to be sure that if we take on external money, we know exactly what we are doing with it.”

He has left the door open to investment.

“As demand increases, if the timing is right, we would be happy to welcome new investors.”

For investors, Peak's biggest test will be whether its data helps distinguish genuine market demand from the enormous volume generated by bots.