How BitMEX (Derivative) looks today
Decentralized (DEX). Country Seychelles. Established 2014. Trust rank 378.
Coverage: 79 active pairs across 55 tradable assets. Liquidity profile: Moderate. Concentration: Diversified. Execution quality: Competitive. Key pairs include XBT/USD, ETH/USD, XBT/USDT, SOL/USDT.
How to read the key metrics
Volume mix: USD is the largest tracked quote currency at about 88.5% of measured flow. 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 shows whether turnover is clustered in a small set of pairs or spread across the book. Median spread represents the typical bid ask gap on leading markets and often aligns with day to day execution cost. A good read is to pair these metrics with the top pairs panel and the volume chart to understand both structure and recent behavior.
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