How Katana V3 looks today
Decentralized (DEX). Trust rank 194. Reported 24h volume 9.96 BTC.
Coverage: 23 active pairs across 14 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 99.2%. Key pairs include AXS/RON, USDC/RON, WETH/RON, POWER/RON. Leading pair AXS/RON. Median spread on leading markets 0.62%.
Interpreting coverage and execution quality
Volume mix: RON is the largest tracked quote currency at about 97.9% of measured flow. Data scope: 32 tickers observed, with spread readings on 32 markets. Trust rank summarizes relative standing among peers, and 24h BTC volume adds context on how active the venue is right now. Coverage reflects breadth of markets you can access here, which matters when you need alternatives beyond the top pair. Concentration helps explain whether liquidity is diversified or tied to a handful of dominant 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