Catex exchange overview
Decentralized (DEX). Country China. Established 2018. Trust rank 684. Reported 24h volume 839.75 BTC.
Coverage: 34 active pairs across 23 tradable assets. Liquidity profile: High. Concentration: Concentrated. Execution quality: Tight. Top ten pairs share 85.4%. Key pairs include MPRA/USDT, BTC/USDT, ETH/USDT, SOL/USDT. Leading pair MPRA/USDT. Median spread on leading markets 0.04%.
Understanding activity and pricing
Volume mix: USDT is the largest tracked quote currency at about 90.0% of measured flow. Data scope: 34 tickers observed, with spread readings on 29 markets. Trust rank is a comparative marker across venues, while 24h BTC volume gives a practical sense of recent turnover. Coverage is a breadth check, more pairs and assets generally mean more choice when conditions shift. Concentration indicates how much of the venue depends on its leaders versus a wider set of pairs. Median spread summarizes typical distance between bid and ask on the most active books and is a useful proxy for execution friction. Tight spreads on the leaders generally support cleaner fills, especially when depth remains stable. 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