Hyperion exchange overview
Decentralized (DEX). Trust rank 110. Reported 24h volume 886.08 BTC.
Coverage: 24 active pairs across 18 tradable assets. Liquidity profile: Moderate. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 99.8%. Key pairs include USDT/USDC, USDC/APT, SUSDE/USDC, USD1/USDC. Leading pair USDT/USDC. Median spread on leading markets 0.60%.
Interpreting coverage and execution quality
Volume mix: USDC is the largest tracked quote currency at about 91.5% of measured flow. Data scope: 24 tickers observed, with spread readings on 24 markets. Trust rank is best read as a positioning cue, and 24h BTC volume complements it with recent activity scale. Coverage reflects breadth of markets you can access here, which matters when you need alternatives beyond the top pair. Concentration helps explain whether liquidity is diversified or tied to a handful of dominant pairs. Median spread captures the common bid ask distance on top books and helps set expectations for market orders and tight limits. Top ten share is very high here, which can make liquidity feel deep on the leaders while thinner elsewhere. 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