Hercules V2 market summary
Decentralized (DEX). Established 2023. Trust rank 1005. Reported 24h volume 0.00 BTC.
Coverage: 4 active pairs across 3 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 100.0%. Key pairs include WMETIS/M.USDC, ENKI/M.USDC, WETH/M.USDC, WETH/MONKEX. Leading pair WMETIS/M.USDC. Median spread on leading markets 0.60%.
How to read the key metrics
Volume mix: M.USDC is the largest tracked quote currency at about 99.9% of measured flow. Data scope: 4 tickers observed, with spread readings on 4 markets. Trust rank is a comparative marker across venues, while 24h BTC volume gives a practical sense of recent turnover. Coverage reflects breadth of markets you can access here, which matters when you need alternatives beyond the top pair. 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. For venue selection, combine breadth, concentration, and spread conditions with.
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