Market snapshot for NBX
Decentralized (DEX). Country Norway. Established 2018. Trust rank 842. Reported 24h volume 0.51 BTC.
Coverage: 28 active pairs across 18 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 95.6%. Key pairs include BTC/NOK, USDC/NOK, USDC/USDM, XRP/NOK. Leading pair BTC/NOK. Median spread on leading markets 0.49%.
Liquidity structure and trading conditions
Volume mix: NOK is the largest tracked quote currency at about 85.0% of measured flow. Data scope: 28 tickers observed, with spread readings on 28 markets. Trust rank summarizes relative standing among peers, and 24h BTC volume adds context on how active the venue is right now. Coverage describes how many active pairs and tradable assets are available, which influences routing options and price discovery. Concentration helps explain whether liquidity is diversified or tied to a handful of dominant pairs. Median spread is a practical measure of how tight pricing tends to be on the leading markets. Top ten share is very high here, which can make liquidity feel deep on the leaders while thinner elsewhere. For venue selection, combine breadth, concentration, and spread conditions with the key pairs list to understand where activity really sits.
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