CSWAP DEX market summary
Decentralized (DEX). Country Australia. Established 2022. Trust rank 924. Reported 24h volume 0.03 BTC.
Coverage: 20 active pairs across 20 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 99.7%. Key pairs include NIGHT/ADA, IAG/ADA, WMTX/ADA, CSWAP/ADA. Leading pair NIGHT/ADA.
What the key metrics mean
Volume mix: ADA is the largest tracked quote currency at about 100.0% of measured flow. Data scope: 20 tickers observed. 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 indicates how much of the venue depends on its leaders versus a wider set of pairs. Median spread is a practical measure of how tight pricing tends to be on the leading markets. A smaller pair set often means the leading markets drive most outcomes, so focus on the top pairs and spread conditions. A high top ten share suggests the venue is leader driven, so secondary pairs may react more during volatility. For venue selection, combine breadth, concentration, and spread conditions with the key pairs list to understand.
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

