OKJ exchange overview
Decentralized (DEX). Country Japan. Established 2017. Trust rank 112. Reported 24h volume 777.62 BTC.
Coverage: 47 active pairs across 47 tradable assets. Liquidity profile: High. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 99.8%. Key pairs include BTC/JPY, ETH/JPY, XRP/JPY, SOL/JPY. Leading pair BTC/JPY. Median spread on leading markets 0.32%.
Interpreting coverage and execution quality
Volume mix: JPY is the largest tracked quote currency at about 100.0% of measured flow. Data scope: 47 tickers observed, with spread readings on 47 markets. Trust rank provides a quick placement within a broad group of venues, and 24h BTC volume helps you gauge current activity. Coverage reflects breadth of markets you can access here, which matters when you need alternatives beyond the top pair. 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. Top ten share is very high here, which can make liquidity feel deep on the leaders while thinner elsewhere. 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