Bibox (Futures) exchange overview
Decentralized (DEX). Country China. Established 2019. Trust rank 490.
Coverage: 27 active pairs across 27 tradable assets. Liquidity profile: Moderate. Concentration: Diversified. Execution quality: Competitive. Key pairs include TRX/USDT, APT/USDT, AAVE/USDT, APE/USDT.
Liquidity structure and trading conditions
Volume mix: USDT is the largest tracked quote currency at about 100.0% of measured flow. Trust rank is a comparative marker across venues, while 24h BTC volume gives a practical sense of recent turnover. Coverage describes how many active pairs and tradable assets are available, which influences routing options and price discovery. Concentration indicates how much of the venue depends on its leaders versus a wider set of pairs. Median spread captures the common bid ask distance on top books and helps set expectations for market orders and tight limits. When comparing venues, weigh breadth, concentration, spreads, and the key pairs list to match the venue to your execution style.
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

