Market snapshot for Balancer V2 (Polygon)
Decentralized (DEX). Established 2021. Trust rank 278. Reported 24h volume 12.72 BTC.
Coverage: 76 active pairs across 40 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 97.2%. Key pairs include USDC/DAI, USDC/TEL, USDC.E/WETH, TEL/WBTC. Leading pair USDC/DAI. Median spread on leading markets 0.61%.
Liquidity structure and trading conditions
Volume mix: DAI is the largest tracked quote currency at about 47.8% of measured flow. Data scope: 109 tickers observed, with spread readings on 108 markets. Trust rank summarizes relative standing among peers, and 24h BTC volume adds context on how active the venue is right now. Coverage captures breadth across pairs and assets, which affects how resilient liquidity can be under changing demand. Concentration shows whether turnover is clustered in a small set of pairs or spread across the book. Median spread is a practical measure of how tight pricing tends to be on the leading markets. A high top ten share suggests the venue is leader driven, so secondary pairs may react more during volatility. For venue selection, combine breadth, concentration, and spread conditions with the key pairs list to understand where activity really sits.
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