How HitBTC looks today
Decentralized (DEX). Country British Virgin Islands. Established 2013. Trust rank 565. Reported 24h volume 1197.26 BTC.
Coverage: 357 active pairs across 219 tradable assets. Liquidity profile: High. Concentration: Moderately concentrated. Execution quality: Tight. Top ten pairs share 84.2%. Key pairs include BTC/USDT, ETH/USDT, SOL/USDT, XRP/USDT. Leading pair BTC/USDT. Median spread on leading markets 0.12%.
Understanding activity and pricing
Volume mix: USDT is the largest tracked quote currency at about 93.3% of measured flow. Data scope: 357 tickers observed, with spread readings on 300 markets. Trust rank is best read as a positioning cue, and 24h BTC volume complements it with recent activity scale. Coverage captures breadth across pairs and assets, which affects how resilient liquidity can be under changing demand. Concentration shows whether turnover is clustered in a small set of pairs or spread across the book. Median spread captures the common bid ask distance on top books and helps set expectations for market orders and tight limits. With a large set of active pairs, execution can vary across markets, so check whether activity is spread beyond the leaders. When comparing venues, weigh breadth, concentration, spreads, and the key pairs list to match the venue to your execution style.
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

