How PancakeSwap V1 (BSC) looks today
Decentralized (DEX). Established 2020. Trust rank 330. Reported 24h volume 1.36 BTC.
Coverage: 151 active pairs across 124 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 85.5%. Key pairs include WBNB/BUSD, CAKE/WBNB, TWT/WBNB, ADA/WBNB. Leading pair WBNB/BUSD. Median spread on leading markets 0.61%.
What the key metrics mean
Volume mix: WBNB is the largest tracked quote currency at about 50.6% of measured flow. Data scope: 151 tickers observed, with spread readings on 151 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 tells you if activity is focused on a few markets or distributed across many pairs. Median spread summarizes typical distance between bid and ask on the most active books and is a useful proxy for execution friction. 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