Fraxswap (Ethereum) overview
Decentralized (DEX). Established 2022. Trust rank 322. Reported 24h volume 1.55 BTC.
Coverage: 11 active pairs across 7 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 100.0%. Key pairs include WFRAX/FRXUSD, FRAX/FRAX, IQ/FRAX, FRAX/WETH. Leading pair WFRAX/FRXUSD. Median spread on leading markets 0.61%.
Interpreting coverage and execution quality
Volume mix: FRXUSD is the largest tracked quote currency at about 47.1% of measured flow. Data scope: 13 tickers observed, with spread readings on 13 markets. Trust rank is best read as a positioning cue, and 24h BTC volume complements it with recent activity scale. Coverage reflects breadth of markets you can access here, which matters when you need alternatives beyond the top pair. Concentration shows whether turnover is clustered in a small set of pairs or spread across the book. Median spread represents the typical bid ask gap on leading markets and often aligns with day to day execution cost. With a compact set of pairs, most activity tends to funnel into the leaders, so the top pairs list becomes especially important. Top ten share is very high here, which can make liquidity feel deep on the leaders while thinner elsewhere. A good read is to pair these metrics with the top pairs pa.
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