How GMO Japan looks today
Decentralized (DEX). Country Japan. Established 2017. Trust rank 121. Reported 24h volume 308.66 BTC.
Coverage: 16 active pairs across 16 tradable assets. Liquidity profile: High. Concentration: Concentrated. Execution quality: Tight. Top ten pairs share 99.3%. Key pairs include BTC/JPY, ETH/JPY, XRP/JPY, SOL/JPY. Leading pair BTC/JPY. Median spread on leading markets 0.10%.
What the key metrics mean
Volume mix: JPY is the largest tracked quote currency at about 100.0% of measured flow. Data scope: 16 tickers observed, with spread readings on 11 markets. Trust rank is best read as a positioning cue, and 24h BTC volume complements it with recent activity scale. Coverage describes how many active pairs and tradable assets are available, which influences routing options and price discovery. Concentration tells you if activity is focused on a few markets or distributed across many 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. Top ten share is very high here, which can make liquidity feel deep on the leaders while thinner elsewhere. Tight spreads on the leaders generally supp.
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