Market snapshot for Hydra DEX
Decentralized (DEX). Established 2023. Trust rank 1194.
Coverage: 1 active pairs across 1 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 100.0%. Key pairs include LYDRA/WHYDRA. Leading pair LYDRA/WHYDRA with share 100.0%. Median spread on leading markets 0.63%.
Understanding activity and pricing
Volume mix: WHYDRA 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 provides a quick placement within a broad group of venues, and 24h BTC volume helps you gauge current activity. 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 summarizes typical distance between bid and ask on the most active books and is a useful proxy for execution friction. A smaller pair set often means the leading markets drive most outcomes, so focus on the top pairs and spread conditions. Top ten share is very high here, which can make liquidity feel deep on the leaders while thinner elsewhere. To evaluate fit, use coverage.
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