MelegaSwap market summary
Decentralized (DEX). Country Switzerland. Established 2023. Trust rank 335. Reported 24h volume 1.10 BTC.
Coverage: 10 active pairs across 5 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 100.0%. Key pairs include MGC/WBNB, MGC/BSC-USD, MARCO/BSC-USD, MARCO/WBNB. Leading pair MGC/WBNB. Median spread on leading markets 0.65%.
How to read the key metrics
Volume mix: WBNB is the largest tracked quote currency at about 57.5% of measured flow. Data scope: 10 tickers observed, with spread readings on 10 markets. Trust rank summarizes relative standing among peers, and 24h BTC volume adds context on how active the venue is right now. Coverage captures breadth across pairs and assets, which affects how resilient liquidity can be under changing demand. Concentration helps explain whether liquidity is diversified or tied to a handful of dominant pairs. Median spread represents the typical bid ask gap on leading markets and often aligns with day to day execution cost. A smaller pair set often means the leading markets drive most outcomes, so focus on the top pairs and spread conditions. 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 p.
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