Kittenswap Algebra market summary
Decentralized (DEX). Trust rank 177. Reported 24h volume 21.82 BTC.
Coverage: 19 active pairs across 14 tradable assets. Liquidity profile: Moderate. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 99.8%. Key pairs include USDC/WHYPE, USDT0/WHYPE, USDC/USDT0, KHYPE/WHYPE. Leading pair USDC/WHYPE. Median spread on leading markets 0.63%.
Liquidity structure and trading conditions
Volume mix: WHYPE is the largest tracked quote currency at about 74.8% of measured flow. Data scope: 19 tickers observed, with spread readings on 19 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 shows whether turnover is clustered in a small set of pairs or spread across the book. Median spread captures the common bid ask distance on top books and helps set expectations for market orders and tight limits. 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. When comparing venues, weigh breadth, concentration, sprea.
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