Mudrex market summary
Decentralized (DEX). Country India. Established 2018. Trust rank 1046. Reported 24h volume 0.00 BTC.
Coverage: 516 active pairs across 516 tradable assets. Liquidity profile: Moderate. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 93.0%. Key pairs include BTC/USDT, ETH/USDT, USDC/USDT, FDUSD/USDT. Leading pair BTC/USDT.
How to read the key metrics
Volume mix: USDT is the largest tracked quote currency at about 100.0% of measured flow. Data scope: 523 tickers observed. 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 indicates how much of the venue depends on its leaders versus a wider set of 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. Top ten share is very high here, which can make liquidity feel deep on the leaders while thinner elsewhere. When comparing venues, weigh breadth, concentration, spreads, and the key pa.
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