How Bybit EU looks today
Decentralized (DEX). Country Austria. Established 2025. Trust rank 41. Reported 24h volume 64.09 BTC.
Coverage: 105 active pairs across 89 tradable assets. Liquidity profile: Moderate. Concentration: Moderately concentrated. Execution quality: Competitive. Top ten pairs share 81.6%. Key pairs include BTC/USDC, ETH/USDC, GRASS/USDC, SOL/USDC. Leading pair BTC/USDC. Median spread on leading markets 0.21%.
Liquidity structure and trading conditions
Volume mix: USDC is the largest tracked quote currency at about 89.6% of measured flow. Data scope: 105 tickers observed, with spread readings on 105 markets. Trust rank is a comparative marker across venues, while 24h BTC volume gives a practical sense of recent turnover. 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 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