PancakeSwap (Ethereum) overview
Decentralized (DEX). Established 2020. Trust rank 353. Reported 24h volume 0.83 BTC.
Coverage: 9 active pairs across 9 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 100.0%. Key pairs include 0XC02AAA39B223FE8D0A0E5C4F27EAD9083C756CC2/0XDAC17F958D2EE523A2206206994597C13D831EC7, 0XA0B86991C6218B36C1D19D4A2E9EB0CE3606EB48/0XC02AAA39B223FE8D0A0E5C4F27EAD9083C756CC2, 0X2260FAC5E5542A773AA44FBCFEDF7C193BC2C599/0XC02AAA39B223FE8D0A0E5C4F27EAD9083C756CC2, 0X7DA2641000CBB407C329310C461B2CB9C70C3046/0XDAC17F958D2EE523A2206206994597C13D831EC7. Leading pair 0XC02AAA39B223FE8D0A0E5C4F27EAD9083C756CC2/0XDAC17F958D2EE523A2206206994597C13D831EC7. Median spread on leading markets 0.62%.
Liquidity structure and trading conditions
Volume mix: 0XC02AAA39B223FE8D0A0E5C4F27EAD9083C756CC2 is the largest tracked quote currency at about 55.0% of measured flow. Data scope: 9 tickers observed, with spread readings on 9 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 indicates how much of the venue depends on its leaders versus a wider set of pairs. Median spread is a practical measure of how tight pricing tends to be on the leading markets. A smaller pair set often means the leading markets drive most outcomes, so focus on the top pairs and spread conditions. Top ten share is very high here, which can make liquidity feel deep on the leaders while thinner elsewhere. For venue selection, combine brea.
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