How Balancer V2 (Gnosis) looks today
Decentralized (DEX). Established 2020. Trust rank 364. Reported 24h volume 0.96 BTC.
Coverage: 26 active pairs across 14 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 98.1%. Key pairs include WSTETH/WETH, OLAS/XDAI, WSTETH/SDAI, COW/GNO. Leading pair WSTETH/WETH. Median spread on leading markets 0.63%.
How to read the key metrics
Volume mix: WETH is the largest tracked quote currency at about 41.8% of measured flow. Data scope: 27 tickers observed, with spread readings on 27 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 tells you if activity is focused on a few markets or distributed across many pairs. Median spread represents the typical bid ask gap on leading markets and often aligns with day to day execution cost. Top ten share is very high here, which can make liquidity feel deep on the leaders while thinner elsewhere. A good read is to pair these metrics with the top pairs panel and the volume chart to understand both structure and recent behavior.
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