How Bakeryswap looks today
Decentralized (DEX). Established 2020. Trust rank 633. Reported 24h volume 0.48 BTC.
Coverage: 17 active pairs across 13 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 99.6%. Key pairs include BETH/BUSD, WBNB/BUSD, BETH/ETH, BAKE/WBNB. Leading pair BETH/BUSD. Median spread on leading markets 0.62%.
Liquidity structure and trading conditions
Volume mix: BUSD is the largest tracked quote currency at about 74.9% of measured flow. Data scope: 18 tickers observed, with spread readings on 18 markets. Trust rank summarizes relative standing among peers, and 24h BTC volume adds context on how active the venue is right now. Coverage reflects breadth of markets you can access here, which matters when you need alternatives beyond the top pair. Concentration shows whether turnover is clustered in a small set of pairs or spread across the book. Median spread summarizes typical distance between bid and ask on the most active books and is a useful proxy for execution friction. A smaller pair set often means the leading markets drive most outcomes, so focus on the top pairs and spread conditions. Top ten share is very high here, which can make liquidity feel deep on the leaders while thinner elsewhere. To evaluate fit, use coverage, concen.
Editorial note: This analysis was prepared by the YearBull research team under the direction of Alan Zelvin, Founder and Lead Crypto Researcher. The assessment follows YearBull’s internal research methodology and editorial standards. Methodology · Editorial Policy