CoinDCX market summary
Centralized (CEX). Country Singapore. Established 2018. Trust rank 66. Reported 24h volume 65.73 BTC.
Coverage: 315 active pairs across 315 tradable assets. Liquidity profile: Moderate. Concentration: Moderately concentrated. Execution quality: Competitive. Top ten pairs share 72.9%. Key pairs include USDT/INR, BTC/INR, ETH/INR, SOL/INR. Leading pair USDT/INR. Median spread on leading markets 0.80%.
Liquidity structure and trading conditions
Volume mix: INR is the largest tracked quote currency at about 100.0% of measured flow. Data scope: 316 tickers observed, with spread readings on 316 markets. Trust rank summarizes relative standing among peers, and 24h BTC volume adds context on how active the venue is right now. Coverage describes how many active pairs and tradable assets are available, which influences routing options and price discovery. 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. A broad pair list usually improves routing flexibility, but pricing quality still depends on where volume concentrates. 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