BladeSwap exchange overview
Decentralized (DEX). Country Japan. Established 2024. Trust rank 964. Reported 24h volume 0.01 BTC.
Coverage: 3 active pairs across 3 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 100.0%. Key pairs include USDB/WETH, BLADE/WETH, ASO/WETH. Leading pair USDB/WETH. Median spread on leading markets 0.63%.
Understanding activity and pricing
Volume mix: WETH is the largest tracked quote currency at about 100.0% of measured flow. Data scope: 3 tickers observed, with spread readings on 3 markets. Trust rank provides a quick placement within a broad group of venues, and 24h BTC volume helps you gauge current activity. Coverage reflects breadth of markets you can access here, which matters when you need alternatives beyond the top pair. 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 smaller pair set often means the leading markets drive most outcomes, so focus on the top pairs and spread conditions. Top ten share is very high here, which can make liquidity feel deep on the leaders while thinner elsewhere. A good read is to pair these metrics with the top pair.
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