Market snapshot for BaseSwap V3
Decentralized (DEX). Established 2023. Trust rank 598. Reported 24h volume 17.87 BTC.
Coverage: 5 active pairs across 5 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 100.0%. Key pairs include USD+/USDC, USDT/USDC, USDC/USDBC, WETH/USDC. Leading pair USD+/USDC. Median spread on leading markets 0.68%.
What the key metrics mean
Volume mix: USDC is the largest tracked quote currency at about 99.9% of measured flow. Data scope: 6 tickers observed, with spread readings on 6 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 indicates how much of the venue depends on its leaders versus a wider set of pairs. 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, concentrati.
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