Camelot market summary
Decentralized (DEX). Established 2022. Trust rank 699. Reported 24h volume 6.01 BTC.
Coverage: 48 active pairs across 45 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 96.4%. Key pairs include PENDLE/WETH, USDC/USDC.E, WETH/USDC.E, SPA/USDS. Leading pair PENDLE/WETH. Median spread on leading markets 0.61%.
Interpreting coverage and execution quality
Volume mix: WETH is the largest tracked quote currency at about 70.5% of measured flow. Data scope: 48 tickers observed, with spread readings on 48 markets. Trust rank is a comparative marker across venues, while 24h BTC volume gives a practical sense of recent turnover. Coverage reflects breadth of markets you can access here, which matters when you need alternatives beyond the top pair. Concentration indicates how much of the venue depends on its leaders versus a wider set of pairs. Median spread captures the common bid ask distance on top books and helps set expectations for market orders and tight limits. Top ten share is very high here, which can make liquidity feel deep on the leaders while thinner elsewhere. When comparing venues, weigh breadth, concentration, spreads, and the key pairs list to match the venue to your execution style.
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