Pancakeswap V3 (Solana) market summary
Decentralized (DEX). Trust rank 121. Reported 24h volume 339.40 BTC.
Coverage: 65 active pairs across 44 tradable assets. Liquidity profile: High. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 96.2%. Key pairs include SOL/USDC, USDT/SOL, ETH/SOL, ETH/USDC. Leading pair SOL/USDC. Median spread on leading markets 0.61%.
How to read the key metrics
Volume mix: USDC is the largest tracked quote currency at about 81.8% of measured flow. Data scope: 72 tickers observed, with spread readings on 72 markets. Trust rank is a comparative marker across venues, while 24h BTC volume gives a practical sense of recent turnover. Coverage is a breadth check, more pairs and assets generally mean more choice when conditions shift. 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. A high top ten share suggests the venue is leader driven, so secondary pairs may react more during volatility. When comparing venues, weigh breadth, concentration, spreads, and the key pairs list to match the venue to your execution style.
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