Elk Finance (Polygon) overview
Decentralized (DEX). Established 2021. Trust rank 681. Reported 24h volume 0.00 BTC.
Coverage: 3 active pairs across 1 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Wide. Top ten pairs share 100.0%. Key pairs include ELK/WPOL, ELK/USDC.E, ELK/WETH. Leading pair ELK/WPOL. Median spread on leading markets 0.81%.
Understanding activity and pricing
Volume mix: WPOL is the largest tracked quote currency at about 50.1% of measured flow. Data scope: 6 tickers observed, with spread readings on 6 markets. Trust rank is best read as a positioning cue, and 24h BTC volume complements it with recent activity scale. Coverage captures breadth across pairs and assets, which affects how resilient liquidity can be under changing demand. 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. With a compact set of pairs, most activity tends to funnel into the leaders, so the top pairs list becomes especially important. A high top ten share suggests the venue is leader driven, so secondary pairs may react more during volatility. When spreads widen, execution becomes more sensitive.
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