Crypto market structure encompasses the venues, participants, infrastructure, incentives and rules that shape digital asset trading, liquidity, price discovery and execution quality. The guide covers centralized and decentralized exchanges, OTC desks, order types, derivatives, institutional access, fundraising, venture capital, arbitrage and MEV, according to The Block. It also explains risks including slippage, leverage, liquidations and MEV-related costs, and says indicators such as volume, open interest and funding rates need context.