Hata exchange overview
Decentralized (DEX). Country Malaysia. Established 2023. Trust rank 365. Reported 24h volume 0.67 BTC.
Coverage: 20 active pairs across 20 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Wide. Top ten pairs share 97.6%. Key pairs include SOL/MYR, BTC/MYR, XRP/MYR, ETH/MYR. Leading pair SOL/MYR. Median spread on leading markets 1.80%.
What the key metrics mean
Volume mix: MYR is the largest tracked quote currency at about 100.0% of measured flow. Data scope: 20 tickers observed, with spread readings on 20 markets. Trust rank provides a quick placement within a broad group of venues, and 24h BTC volume helps you gauge current activity. 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. A smaller pair set often means the leading markets drive most outcomes, so focus on the top pairs and spread conditions. 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 s.
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