Market snapshot for BitDelta
Decentralized (DEX). Country Vanuatu. Established 2023. Trust rank 57. Reported 24h volume 14418.27 BTC.
Coverage: 103 active pairs across 103 tradable assets. Liquidity profile: High. Concentration: Concentrated. Execution quality: Tight. Top ten pairs share 98.9%. Key pairs include BTC/USDT, SOL/USDT, ETH/USDT, LTC/USDT. Leading pair BTC/USDT. Median spread on leading markets 0.08%.
Interpreting coverage and execution quality
Volume mix: USDT is the largest tracked quote currency at about 100.0% of measured flow. Data scope: 103 tickers observed, with spread readings on 103 markets. 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 shows whether turnover is clustered in a small set of pairs or spread across the book. Median spread summarizes typical distance between bid and ask on the most active books and is a useful proxy for execution friction. Top ten share is very high here, which can make liquidity feel deep on the leaders while thinner elsewhere. Tight spreads on the leaders generally support cleaner fills, especially when depth remains stable. To evaluate fit, use coverage, concentration, spreads.
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