Market snapshot for Bitfinex
Centralized (CEX). Country British Virgin Islands. Established 2012. Trust rank 16. Reported 24h volume 8807.95 BTC.
Coverage: 215 active pairs across 99 tradable assets. Liquidity profile: High. Concentration: Concentrated. Execution quality: Tight. Top ten pairs share 95.8%. Key pairs include BTC/USD, BTC/USDT, ETH/USDT, ETH/USD. Leading pair BTC/USD. Median spread on leading markets 0.10%.
Interpreting coverage and execution quality
Volume mix: USD is the largest tracked quote currency at about 53.2% of measured flow. Data scope: 100 tickers observed, with spread readings on 100 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 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. Spreads are tight on the leading markets, which is consistent with smoother execution for common order sizes. To evaluate fit, use coverage, concentration, s.
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