Biswap market summary
Decentralized (DEX). Established 2021. Trust rank 323. Reported 24h volume 4.19 BTC.
Coverage: 95 active pairs across 82 tradable assets. Liquidity profile: Low. Concentration: Moderately concentrated. Execution quality: Competitive. Top ten pairs share 79.9%. Key pairs include SFP/WBNB, DOGE/WBNB, BSW/WBNB, BSC-USD/WBNB. Leading pair SFP/WBNB. Median spread on leading markets 0.61%.
Liquidity structure and trading conditions
Volume mix: WBNB is the largest tracked quote currency at about 84.3% of measured flow. Data scope: 95 tickers observed, with spread readings on 95 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 helps explain whether liquidity is diversified or tied to a handful of dominant 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