Bitlo market summary
Decentralized (DEX). Country Turkey. Established 2018. Trust rank 48. Reported 24h volume 15.74 BTC.
Coverage: 270 active pairs across 200 tradable assets. Liquidity profile: Low. Concentration: Diversified. Execution quality: Competitive. Top ten pairs share 40.9%. Key pairs include BTC/TRY, BTC/USDT, USDT/TRY, ETH/TRY. Leading pair BTC/TRY. Median spread on leading markets 0.72%.
Liquidity structure and trading conditions
Volume mix: TRY is the largest tracked quote currency at about 68.8% of measured flow. Data scope: 270 tickers observed, with spread readings on 270 markets. Trust rank provides a quick placement within a broad group of venues, and 24h BTC volume helps you gauge current activity. Coverage describes how many active pairs and tradable assets are available, which influences routing options and price discovery. Concentration tells you if activity is focused on a few markets or distributed across many pairs. Median spread is a practical measure of how tight pricing tends to be on the leading markets. When top ten share is lower, more pairs contribute to turnover, which can improve routing choices beyond the leaders. For venue selection, combine breadth, concentration, and spread conditions with the key pairs list to understand where activity really sits.
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