Market snapshot for Beets (Sonic)
Decentralized (DEX). Trust rank 419. Reported 24h volume 2.24 BTC.
Coverage: 15 active pairs across 8 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Wide. Top ten pairs share 99.9%. Key pairs include WS/USDC.E, WBTC/WETH, USDC.E/WETH, USDC.E/WS. Leading pair WS/USDC.E. Median spread on leading markets 0.80%.
Interpreting coverage and execution quality
Volume mix: WETH is the largest tracked quote currency at about 51.9% of measured flow. Data scope: 20 tickers observed, with spread readings on 20 markets. Trust rank is a comparative marker across venues, while 24h BTC volume gives a practical sense of recent turnover. Coverage is a breadth check, more pairs and assets generally mean more choice when conditions shift. 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. A high top ten share suggests the venue is leader driven, so secondary pairs may react more during volatility. When spreads widen, execution becomes more sensitive to ord.
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