Market snapshot for Byte Exchange
Decentralized (DEX). Country Estonia. Established 2021. Trust rank 235. Reported 24h volume 419.70 BTC.
Coverage: 103 active pairs across 103 tradable assets. Liquidity profile: Moderate. Concentration: Diversified. Execution quality: Competitive. Top ten pairs share 25.0%. Key pairs include BTC/USDT, ETH/USDT, DENT/USDT, USDC/USDT. Leading pair BTC/USDT. Median spread on leading markets 0.48%.
How to read the key metrics
Volume mix: USDT is the largest tracked quote currency at about 100.0% of measured flow. Data scope: 104 tickers observed, with spread readings on 104 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. A lower top ten share points to more distributed activity across pairs, which can help diversify execution paths. 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