How Coins.ph looks today
Decentralized (DEX). Country Philippines. Established 2014. Trust rank 43. Reported 24h volume 280.43 BTC.
Coverage: 73 active pairs across 48 tradable assets. Liquidity profile: Moderate. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 95.8%. Key pairs include USDT/PHP, USDC/PHP, XRP/PHP, BTC/USDT. Leading pair USDT/PHP. Median spread on leading markets 0.33%.
Understanding activity and pricing
Volume mix: PHP is the largest tracked quote currency at about 96.5% of measured flow. Data scope: 73 tickers observed, with spread readings on 73 markets. Trust rank summarizes relative standing among peers, and 24h BTC volume adds context on how active the venue is right now. Coverage captures breadth across pairs and assets, which affects how resilient liquidity can be under changing demand. Concentration tells you if activity is focused on a few markets or distributed across many pairs. Median spread represents the typical bid ask gap on leading markets and often aligns with day to day execution cost. 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 pairs panel and the volume chart to understand both structure and recent behavior.
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