Market snapshot for Manifest
Decentralized (DEX). Country Unknown or Invalid Region. Established 2024. Trust rank 229. Reported 24h volume 871.51 BTC.
Coverage: 62 active pairs across 52 tradable assets. Liquidity profile: High. Concentration: Concentrated. Execution quality: Tight. Top ten pairs share 97.9%. Key pairs include USD1/USDC, USDT/USDC, PYUSD/USDC, CASH/USDC. Leading pair USD1/USDC. Median spread on leading markets 0.02%.
What the key metrics mean
Volume mix: USDC is the largest tracked quote currency at about 93.0% of measured flow. Data scope: 62 tickers observed, with spread readings on 62 markets. Trust rank is best read as a positioning cue, and 24h BTC volume complements it with recent activity scale. 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 summarizes typical distance between bid and ask on the most active books and is a useful proxy for execution friction. A high top ten share suggests the venue is leader driven, so secondary pairs may react more during volatility. Tight spreads on the leaders generally support cleaner fills, especially when depth remains stable. To evaluate fit, use coverage, concentration, spreads, and the leading.
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