Market snapshot for Kyberswap Elastic (Polygon)
Decentralized (DEX). Established 2022. Trust rank 1295.
Coverage: 4 active pairs across 3 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Wide. Top ten pairs share 100.0%. Key pairs include KNC/AAVE, TBTC/WETH, TBTC/WBTC, STMATIC/USDT0. Leading pair KNC/AAVE. Median spread on leading markets 0.93%.
How to read the key metrics
Volume mix: AAVE is the largest tracked quote currency at about 98.4% of measured flow. Data scope: 4 tickers observed, with spread readings on 4 markets. Trust rank summarizes relative standing among peers, and 24h BTC volume adds context on how active the venue is right now. Coverage describes how many active pairs and tradable assets are available, which influences routing options and price discovery. Concentration indicates how much of the venue depends on its leaders versus a wider set of pairs. Median spread summarizes typical distance between bid and ask on the most active books and is a useful proxy for execution friction. A smaller pair set often means the leading markets drive most outcomes, so focus on the top pairs and spread conditions. Top ten share is very high here, which can make liquidity feel deep on the leaders while thinner elsewhere. When spreads widen, execution be.
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