Karura Swap overview
Decentralized (DEX). Established 2021. Trust rank 939. Reported 24h volume 0.06 BTC.
Coverage: 14 active pairs across 3 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 95.8%. Key pairs include KAR/KSM, KAR/LKSM, ASEED/KSM, ASEED/BNC. Leading pair KAR/KSM.
Interpreting coverage and execution quality
Volume mix: KSM is the largest tracked quote currency at about 49.2% of measured flow. Data scope: 14 tickers observed. Trust rank provides a quick placement within a broad group of venues, and 24h BTC volume helps you gauge current activity. Coverage reflects breadth of markets you can access here, which matters when you need alternatives beyond the top pair. Concentration shows whether turnover is clustered in a small set of pairs or spread across the book. Median spread summarizes typical distance between bid and ask on the most active books and is a useful proxy for execution friction. A smaller pair set often means the leading markets drive most outcomes, so focus on the top pairs and spread conditions. Top ten share is very high here, which can make liquidity feel deep on the leaders while thinner elsewhere. To evaluate fit, use coverage, concentration, spreads, and the leading pai.
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