DefiPlaza (Radix) overview
Decentralized (DEX). Country Netherlands. Established 2021. Trust rank 891. Reported 24h volume 0.20 BTC.
Coverage: 20 active pairs across 19 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 95.5%. Key pairs include HUSDC/XRD, XUSDC/XRD, HUSDT/XRD, XWBTC/XRD. Leading pair HUSDC/XRD.
Interpreting coverage and execution quality
Volume mix: XRD is the largest tracked quote currency at about 86.6% 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 is a breadth check, more pairs and assets generally mean more choice when conditions shift. Concentration helps explain whether liquidity is diversified or tied to a handful of dominant pairs. Median spread represents the typical bid ask gap on leading markets and often aligns with day to day execution cost. 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. A good read is to pair these metrics with the top pairs panel and the volume chart to understand both stru.
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