Meteora DAMM V2 exchange overview
Decentralized (DEX). Trust rank 258. Reported 24h volume 83.98 BTC.
Coverage: 385 active pairs across 357 tradable assets. Liquidity profile: Moderate. Concentration: Moderately concentrated. Execution quality: Competitive. Top ten pairs share 78.2%. Key pairs include SOL/USDC, USOR/SOL, MOLTID/SOL, KIMCHI/SOL. Leading pair SOL/USDC. Median spread on leading markets 0.60%.
What the key metrics mean
Volume mix: USDC is the largest tracked quote currency at about 55.1% of measured flow. Data scope: 100 tickers observed, with spread readings on 100 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 tells you if activity is focused on a few markets or distributed across many pairs. Median spread summarizes typical distance between bid and ask on the most active books and is a useful proxy for execution friction. A broad pair list usually improves routing flexibility, but pricing quality still depends on where volume concentrates. To evaluate fit, use coverage, concentration, spreads, and the leading pairs list together, especially if you rely on fast fills.
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