Coinone overview
Decentralized (DEX). Country South Korea. Established 2016. Trust rank 555. Reported 24h volume 1080.23 BTC.
Coverage: 309 active pairs across 309 tradable assets. Liquidity profile: High. Concentration: Concentrated. Execution quality: Tight. Top ten pairs share 98.4%. Key pairs include USDC/KRW, USDT/KRW, IN/KRW, XRP/KRW. Leading pair USDC/KRW. Median spread on leading markets 0.10%.
How to read the key metrics
Volume mix: KRW is the largest tracked quote currency at about 100.0% of measured flow. Data scope: 310 tickers observed, with spread readings on 310 markets. Trust rank provides a quick placement within a broad group of venues, and 24h BTC volume helps you gauge current activity. Coverage captures breadth across pairs and assets, which affects how resilient liquidity can be under changing demand. Concentration shows whether turnover is clustered in a small set of pairs or spread across the book. Median spread represents the typical bid ask gap on leading markets and often aligns with day to day execution cost. A broad pair list usually improves routing flexibility, but pricing quality still depends on where volume concentrates. A high top ten share suggests the venue is leader driven, so secondary pairs may react more during volatility. A good read is to pair these metrics with the top.
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