HenjinDEX market summary
Decentralized (DEX). Established 2023. Trust rank 559. Reported 24h volume 0.00 BTC.
Coverage: 1 active pairs across 1 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Wide. Top ten pairs share 100.0%. Key pairs include TAIKO/WETH. Leading pair TAIKO/WETH with share 100.0%. Median spread on leading markets 0.90%.
What the key metrics mean
Volume mix: WETH is the largest tracked quote currency at about 100.0% of measured flow. Data scope: 1 tickers observed, with spread readings on 1 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 indicates how much of the venue depends on its leaders versus a wider set of pairs. Median spread is a practical measure of how tight pricing tends to be on the leading markets. 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. When spreads widen, execution becomes more sensitive to order type and timing.
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