Market snapshot for IguanaDEX
Decentralized (DEX). Country United Kingdom. Established 2024. Trust rank 793. Reported 24h volume 0.00 BTC.
Coverage: 6 active pairs across 3 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 100.0%. Key pairs include USDC/WXTZ, USDC/TZPEPE, TZPEPE/WBTC, TZPEPE/WXTZ. Leading pair USDC/WXTZ. Median spread on leading markets 0.73%.
Interpreting coverage and execution quality
Volume mix: WXTZ is the largest tracked quote currency at about 82.6% of measured flow. Data scope: 6 tickers observed, with spread readings on 6 markets. Trust rank summarizes relative standing among peers, and 24h BTC volume adds context on how active the venue is right now. Coverage captures breadth across pairs and assets, which affects how resilient liquidity can be under changing demand. Concentration tells you if activity is focused on a few markets or distributed across many pairs. Median spread represents the typical bid ask gap on leading markets and often aligns with day to day execution cost. 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. A good read is to pair these metrics with the top pairs.
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