INEX exchange overview
Decentralized (DEX). Country South Korea. Established 2022. Trust rank 207. Reported 24h volume 2.91 BTC.
Coverage: 11 active pairs across 11 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 96.3%. Key pairs include ESE/USDT, SOL/USDT, ETH/USDT, LDO/USDT. Leading pair ESE/USDT. Median spread on leading markets 0.30%.
Interpreting coverage and execution quality
Volume mix: USDT is the largest tracked quote currency at about 100.0% of measured flow. Data scope: 11 tickers observed, with spread readings on 11 markets. Trust rank is a comparative marker across venues, while 24h BTC volume gives a practical sense of recent turnover. Coverage is a breadth check, more pairs and assets generally mean more choice when conditions shift. Concentration tells you if activity is focused on a few markets or distributed across many pairs. Median spread is a practical measure of how tight pricing tends to be on the leading markets. With a compact set of pairs, most activity tends to funnel into the leaders, so the top pairs list becomes especially important. A high top ten share suggests the venue is leader driven, so secondary pairs may react more during volatility. For venue selection, combine breadth, concentration, and spread conditions with the key 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