How Cryptal looks today
Decentralized (DEX). Country Georgia. Established 2020. Trust rank 192. Reported 24h volume 11.95 BTC.
Coverage: 41 active pairs across 27 tradable assets. Liquidity profile: Low. Concentration: Moderately concentrated. Execution quality: Wide. Top ten pairs share 63.9%. Key pairs include BTC/USDT, BTC/EUR, ETH/USD, BTC/USD. Leading pair BTC/USDT. Median spread on leading markets 3.02%.
Understanding activity and pricing
Volume mix: USD is the largest tracked quote currency at about 52.4% of measured flow. Data scope: 41 tickers observed, with spread readings on 41 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 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. When spreads widen, execution becomes more sensitive to order type and timing, so consider using limits. When comparing venues, weigh breadth, concentration, spreads, and the key pairs list to match the venue to your execution style.
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