Market snapshot for Ebisu’s Bay
Decentralized (DEX). Established 2021. Trust rank 762. Reported 24h volume 0.02 BTC.
Coverage: 17 active pairs across 12 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 98.2%. Key pairs include 0X5C7F8A570D578ED84E63FDFA7B1EE72DEAE1AE23/0XC21223249CA28397B4B6541DFFAECC539BFF0C59, 0XAF02D78F39C0002D14B95A3BE272DA02379AFF21/0X5C7F8A570D578ED84E63FDFA7B1EE72DEAE1AE23, 0XAF02D78F39C0002D14B95A3BE272DA02379AFF21/0XC21223249CA28397B4B6541DFFAECC539BFF0C59, 0X288898A6057D2D4989C533E96CB3BC30843C91D7/0X5C7F8A570D578ED84E63FDFA7B1EE72DEAE1AE23. Leading pair 0X5C7F8A570D578ED84E63FDFA7B1EE72DEAE1AE23/0XC21223249CA28397B4B6541DFFAECC539BFF0C59. Median spread on leading markets 0.63%.
What the key metrics mean
Volume mix: 0XC21223249CA28397B4B6541DFFAECC539BFF0C59 is the largest tracked quote currency at about 45.3% of measured flow. Data scope: 17 tickers observed, with spread readings on 17 markets. 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 indicates how much of the venue depends on its leaders versus a wider set of pairs. Median spread captures the common bid ask distance on top books and helps set expectations for market orders and tight limits. A smaller pair set often means the leading markets drive most outcomes, so focus on the top pairs and spread conditions. Top ten share is very high here, which can make liquidity feel deep on the leaders while thinner elsewhere.
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