BloFin market summary
Decentralized (DEX). Country Marshall Islands. Established 2023. Trust rank 61. Reported 24h volume 13086.65 BTC.
Coverage: 430 active pairs across 418 tradable assets. Liquidity profile: High. Concentration: Moderately concentrated. Execution quality: Competitive. Top ten pairs share 73.3%. Key pairs include BTC/USDT, ETH/USDT, SOL/USDT, XRP/USDT. Leading pair BTC/USDT. Median spread on leading markets 0.21%.
Interpreting coverage and execution quality
Volume mix: USDT is the largest tracked quote currency at about 95.1% of measured flow. Data scope: 431 tickers observed, with spread readings on 300 markets. Trust rank summarizes relative standing among peers, and 24h BTC volume adds context on how active the venue is right now. Coverage captures breadth across pairs and assets, which affects how resilient liquidity can be under changing demand. 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. A broad pair list usually improves routing flexibility, but pricing quality still depends on where volume concentrates. To evaluate fit, use coverage, concentration, spreads, and the leading pairs list together, especially if you rely on fast 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