ICPSwap exchange overview
Decentralized (DEX). Established 2022. Trust rank 347. Reported 24h volume 0.94 BTC.
Coverage: 63 active pairs across 35 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 97.5%. Key pairs include GLDT/CKUSDT, CKUSDC/ICP, GLDT/ICP, CKBTC/ICP. Leading pair GLDT/CKUSDT. Median spread on leading markets 0.61%.
Understanding activity and pricing
Volume mix: ICP is the largest tracked quote currency at about 58.1% of measured flow. Data scope: 63 tickers observed, with spread readings on 63 markets. Trust rank summarizes relative standing among peers, and 24h BTC volume adds context on how active the venue is right now. Coverage describes how many active pairs and tradable assets are available, which influences routing options and price discovery. Concentration helps explain whether liquidity is diversified or tied to a handful of dominant pairs. Median spread represents the typical bid ask gap on leading markets and often aligns with day to day execution cost. Top ten share is very high here, which can make liquidity feel deep on the leaders while thinner elsewhere. A good read is to pair these metrics with the top pairs panel and the volume chart to understand both structure and recent behavior.
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