Meteora overview
Decentralized (DEX). Established 2023. Trust rank 188. Reported 24h volume 3900.71 BTC.
Coverage: 938 active pairs across 689 tradable assets. Liquidity profile: High. Concentration: Moderately concentrated. Execution quality: Competitive. Top ten pairs share 74.9%. Key pairs include SOL/USDC, USDC/SOL, HYPE/USDC, HYPE/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 55.2% of measured flow. Data scope: 1473 tickers observed, with spread readings on 300 markets. Trust rank summarizes relative standing among peers, and 24h BTC volume adds context on how active the venue is right now. Coverage reflects breadth of markets you can access here, which matters when you need alternatives beyond the top pair. Concentration helps explain whether liquidity is diversified or tied to a handful of dominant pairs. Median spread captures the common bid ask distance on top books and helps set expectations for market orders and tight limits. With a large set of active pairs, execution can vary across markets, so check whether activity is spread beyond the leaders. When comparing venues, weigh breadth, concentration, spreads, and the key pairs list to match the venue to your execution style.
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