KaiaSwap market summary
Decentralized (DEX). Established 2024. Trust rank 770. Reported 24h volume 0.01 BTC.
Coverage: 5 active pairs across 5 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 100.0%. Key pairs include PER/WKLAY, USDC.E/WKLAY, USDT/USDC.E, KTU/WKLAY. Leading pair PER/WKLAY. Median spread on leading markets 0.76%.
Liquidity structure and trading conditions
Volume mix: WKLAY is the largest tracked quote currency at about 84.6% of measured flow. Data scope: 5 tickers observed, with spread readings on 5 markets. Trust rank provides a quick placement within a broad group of venues, and 24h BTC volume helps you gauge current activity. Coverage is a breadth check, more pairs and assets generally mean more choice when conditions shift. Concentration indicates how much of the venue depends on its leaders versus a wider set of 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 panel and the vol.
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