How Balancer V2 (Gnosis) looks today
Decentralized (DEX). Established 2020. Trust rank 531. Reported 24h volume 0.40 BTC.
Coverage: 18 active pairs across 12 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 99.5%. Key pairs include COW/GNO, WSTETH/WETH, GNO/XDAI, SDAI/USDC. Leading pair COW/GNO. Median spread on leading markets 0.69%.
How to read the key metrics
Volume mix: GNO is the largest tracked quote currency at about 42.1% 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 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. 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. A good read is to pair these metrics with the top pairs p.
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