xExchange overview
Decentralized (DEX). Established 2021. Trust rank 587. Reported 24h volume 1.74 BTC.
Coverage: 45 active pairs across 40 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 97.7%. Key pairs include WEGLD/USDC, ZPAY/WEGLD, EMR/WEGLD, MEX/WEGLD. Leading pair WEGLD/USDC. Median spread on leading markets 0.62%.
Interpreting coverage and execution quality
Volume mix: USDC is the largest tracked quote currency at about 78.9% of measured flow. Data scope: 45 tickers observed, with spread readings on 45 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 shows whether turnover is clustered in a small set of pairs or spread across the book. 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