HorizonDEX overview
Decentralized (DEX). Established 2023. Trust rank 978. Reported 24h volume 0.00 BTC.
Coverage: 6 active pairs across 5 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 100.0%. Key pairs include BUSD/WETH, USDC/WETH, AXLUSDC/WETH, USDC/USDT. Leading pair BUSD/WETH. Median spread on leading markets 0.73%.
Interpreting coverage and execution quality
Volume mix: WETH is the largest tracked quote currency at about 98.4% of measured flow. Data scope: 9 tickers observed, with spread readings on 9 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 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. 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 comparing venues, weigh breadth, conce.
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