Bittime market summary
Decentralized (DEX). Country Indonesia. Established 2022. Trust rank 137. Reported 24h volume 228.48 BTC.
Coverage: 430 active pairs across 363 tradable assets. Liquidity profile: Moderate. Concentration: Diversified. Execution quality: Tight. Top ten pairs share 29.8%. Key pairs include BTC/USDT, BTC/IDR, ETH/USDT, USDT/IDR. Leading pair BTC/USDT. Median spread on leading markets 0.07%.
Understanding activity and pricing
Volume mix: IDR is the largest tracked quote currency at about 66.8% of measured flow. Data scope: 430 tickers observed, with spread readings on 300 markets. Trust rank is best read as a positioning cue, and 24h BTC volume complements it with recent activity scale. Coverage is a breadth check, more pairs and assets generally mean more choice when conditions shift. 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. With a large set of active pairs, execution can vary across markets, so check whether activity is spread beyond the leaders. A lower top ten share points to more distributed activity across pairs, which can help diversify execution paths. Tight spreads on the leaders generally support cleaner fills.
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