Market snapshot for KnightSwap
Decentralized (DEX). Established 2022. Trust rank 657. Reported 24h volume 0.01 BTC.
Coverage: 14 active pairs across 9 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 99.8%. Key pairs include WBNB/BUSD, GUARD/BUSD, KNIGHT/WBNB, KNIGHT/BUSD. Leading pair WBNB/BUSD. Median spread on leading markets 0.66%.
What the key metrics mean
Volume mix: BUSD is the largest tracked quote currency at about 74.7% of measured flow. Data scope: 14 tickers observed, with spread readings on 14 markets. Trust rank is a comparative marker across venues, while 24h BTC volume gives a practical sense of recent turnover. 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. With a compact set of pairs, most activity tends to funnel into the leaders, so the top pairs list becomes especially important. 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.
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