Korbit market summary
Decentralized (DEX). Country South Korea. Established 2013. Trust rank 77. Reported 24h volume 179.13 BTC.
Coverage: 169 active pairs across 169 tradable assets. Liquidity profile: High. Concentration: Concentrated. Execution quality: Tight. Top ten pairs share 99.1%. Key pairs include USDC/KRW, USDT/KRW, BTC/KRW, XRP/KRW. Leading pair USDC/KRW. Median spread on leading markets 0.18%.
Interpreting coverage and execution quality
Volume mix: KRW is the largest tracked quote currency at about 100.0% of measured flow. Data scope: 169 tickers observed, with spread readings on 169 markets. Trust rank is a comparative marker across venues, while 24h BTC volume gives a practical sense of recent turnover. Coverage captures breadth across pairs and assets, which affects how resilient liquidity can be under changing demand. Concentration tells you if activity is focused on a few markets or distributed across many pairs. Median spread represents the typical bid ask gap on leading markets and often aligns with day to day execution cost. A high top ten share suggests the venue is leader driven, so secondary pairs may react more during volatility. A good read is to pair these metrics with the top pairs panel and the volume chart to understand both structure and recent behavior.
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