Market snapshot for Katana
Decentralized (DEX). Established 2021. Trust rank 715. Reported 24h volume 6.79 BTC.
Coverage: 28 active pairs across 23 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 99.1%. Key pairs include AXS/WETH, USDC/WETH, RON/WETH, AXS/RON. Leading pair AXS/WETH. Median spread on leading markets 0.61%.
Liquidity structure and trading conditions
Volume mix: WETH is the largest tracked quote currency at about 76.9% of measured flow. Data scope: 28 tickers observed, with spread readings on 28 markets. Trust rank is best read as a positioning cue, and 24h BTC volume complements it with recent activity scale. Coverage reflects breadth of markets you can access here, which matters when you need alternatives beyond the top pair. 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. Top ten share is very high here, which can make liquidity feel deep on the leaders while thinner elsewhere. For venue selection, combine breadth, concentration, and spread conditions with the key pairs list to understand where activity really sits.
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