How MYX looks today
Decentralized (DEX). Country Singapore. Established 2023.
Coverage: 3 active pairs across 3 tradable assets. Liquidity profile: Low. Concentration: Diversified. Execution quality: Competitive. Key pairs include WBTC/USDC, WETH/USDC, ARB/USDC.
Interpreting coverage and execution quality
Volume mix: USDC is the largest tracked quote currency at about 100.0% of measured flow. Trust rank provides a quick placement within a broad group of venues, and 24h BTC volume helps you gauge current activity. Coverage describes how many active pairs and tradable assets are available, which influences routing options and price discovery. 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 smaller pair set often means the leading markets drive most outcomes, so focus on the top pairs and spread conditions. 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