Helix exchange overview
Decentralized (DEX). Established 2022. Trust rank 594. Reported 24h volume 7.29 BTC.
Coverage: 31 active pairs across 28 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Wide. Top ten pairs share 99.8%. Key pairs include WETH/USDT, INJ/USDT, SOL/USDT, USDC/USDT. Leading pair WETH/USDT. Median spread on leading markets 1.99%.
How to read the key metrics
Volume mix: USDT is the largest tracked quote currency at about 99.0% of measured flow. Data scope: 31 tickers observed, with spread readings on 28 markets. Trust rank is a comparative marker across venues, while 24h BTC volume gives a practical sense of recent turnover. 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. Wider spreads on the leaders can raise execution cost, so limit orders and patient routing often work better. A good read is to pair these metrics with the top pairs panel.
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