DeDust overview
Decentralized (DEX). Established 2022. Trust rank 306. Reported 24h volume 3.72 BTC.
Coverage: 84 active pairs across 63 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 96.3%. Key pairs include USDT/TON, UTYA/TON, USDT/TONNEL, NOT/TON. Leading pair USDT/TON. Median spread on leading markets 0.62%.
Liquidity structure and trading conditions
Volume mix: TON is the largest tracked quote currency at about 97.8% of measured flow. Data scope: 84 tickers observed, with spread readings on 84 markets. Trust rank provides a quick placement within a broad group of venues, and 24h BTC volume helps you gauge current activity. Coverage describes how many active pairs and tradable assets are available, which influences routing options and price discovery. Concentration helps explain whether liquidity is diversified or tied to a handful of dominant pairs. Median spread summarizes typical distance between bid and ask on the most active books and is a useful proxy for execution friction. Top ten share is very high here, which can make liquidity feel deep on the leaders while thinner elsewhere. 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

