ChainEX overview
Decentralized (DEX). Country South Africa. Established 2018. Trust rank 471. Reported 24h volume 0.06 BTC.
Coverage: 22 active pairs across 17 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Wide. Top ten pairs share 97.9%. Key pairs include BTC/ZAR, USDC/ZAR, BNB/ZAR, ETH/USDT. Leading pair BTC/ZAR. Median spread on leading markets 2.27%.
How to read the key metrics
Volume mix: ZAR is the largest tracked quote currency at about 83.7% of measured flow. Data scope: 22 tickers observed, with spread readings on 22 markets. Trust rank is best read as a positioning cue, and 24h BTC volume complements it with recent activity scale. Coverage describes how many active pairs and tradable assets are available, which influences routing options and price discovery. Concentration shows whether turnover is clustered in a small set of pairs or spread across the book. 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 spreads widen, execution becomes more sensitive to order type and timing, so consider using limits. When comparing venues, weigh breadth, concentration, spreads, and.
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