DragonSwap V3 (Kaia) exchange snapshot

Decentralized (DEX). Country Panama Canal Zone. Established 2024. Trust Rank 371. Reported 24h volume 5.16 BTC.

Coverage: 15 active pairs across 9 tradable assets. Top ten pairs share 99.9%. Key pairs include USDT/WKLAY, USDT/USDT, BORA/WKLAY, GRND/WALK. Leading pair USDT/WKLAY. Median spread on leading markets 0.66%. Volume mix: WKLAY is the largest tracked quote currency at about 75.8% of measured flow. Data scope: 17 tickers observed, with spread readings on 17 markets.

How to read these exchange metrics

Scope: Trust Rank is an external relative position from the locally stored exchange snapshot. It is not calculated by YearBull and is not a guarantee of solvency, custody quality, licensing, customer protection, or future withdrawal access. Coverage counts observed markets, while concentration shows how much measured volume is assigned to the leading pairs. Median spread summarizes the bid ask gap in the observed leading markets; actual execution also depends on order size, depth, location, and market conditions.

Methodology responsibility: YearBull’s analytical methodology and presentation rules are developed and maintained by Alan Zelvin, Founder & Lead Crypto Researcher. This note identifies responsibility for the methodology; it does not attribute authorship of this data snapshot.

Figures may change as exchange and ticker snapshots are refreshed. Read the YearBull methodology.

DragonSwap V3 (Kaia) liquidity and coverage analysis

The current local dataset contains 15 observed pairs, 9 represented assets, 17 ticker records. The ten leading pairs account for about 99.9% of measured volume, a concentrated distribution. Median spread across the observed leading markets is 0.66%. The local volume series contains 30 points; its first to latest change is +35.5%, with a median observation of 1.68 BTC.

Coverage and reported volume show the scope of observed markets, not custody quality, solvency, regulatory availability, or guaranteed execution. Pair level depth and withdrawal conditions should be checked for the intended transaction.

DragonSwap V3 (Kaia)