Beethoven X (Optimism) exchange overview
Decentralized (DEX). Established 2021. Trust rank 397. Reported 24h volume 0.52 BTC.
Coverage: 12 active pairs across 8 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 100.0%. Key pairs include WSTETH/WETH, OLAS/WETH, VLR/WETH, OP/USDC.E. Leading pair WSTETH/WETH. Median spread on leading markets 0.64%.
What the key metrics mean
Volume mix: WETH is the largest tracked quote currency at about 97.2% of measured flow. Data scope: 12 tickers observed, with spread readings on 12 markets. Trust rank is best read as a positioning cue, and 24h BTC volume complements it with recent activity scale. Coverage describes how many active pairs and tradable assets are available, which influences routing options and price discovery. Concentration shows whether turnover is clustered in a small set of pairs or spread across the book. Median spread captures the common bid ask distance on top books and helps set expectations for market orders and tight limits. With a compact set of pairs, most activity tends to funnel into the leaders, so the top pairs list becomes especially important. Top ten share is very high here, which can make liquidity feel deep on the leaders while thinner elsewhere. When comparing venues, weigh breadth, co.
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