DeriW overview
Decentralized (DEX). Country United Arab Emirates. Established 2025.
Coverage: 36 active pairs across 36 tradable assets. Liquidity profile: Moderate. Concentration: Diversified. Execution quality: Competitive. Key pairs include BTC/USDT, WBTC/USDT, ETH/USDT, IP/USDT.
What the key metrics mean
Volume mix: USDT is the largest tracked quote currency at about 100.0% of measured flow. 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 summarizes typical distance between bid and ask on the most active books and is a useful proxy for execution friction. 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