Market snapshot for PancakeSwap (v2)
Decentralized (DEX). Established 2020. Trust rank 94. Reported 24h volume 1106.27 BTC.
Coverage: 2359 active pairs across 2092 tradable assets. Liquidity profile: Moderate. Concentration: Moderately concentrated. Execution quality: Competitive. Top ten pairs share 71.7%. Key pairs include 0X55D398326F99059FF775485246999027B3197955/0XBB4CDB9CBD36B01BD1CBAEBF2DE08D9173BC095C, 0XCAE117CA6BC8A341D2E7207F30E180F0E5618B9D/0X55D398326F99059FF775485246999027B3197955, SKYAI/WBNB, 0X3E17EE3B1895DD1A7CF993A89769C5E029584444/0XBB4CDB9CBD36B01BD1CBAEBF2DE08D9173BC095C. Leading pair 0X55D398326F99059FF775485246999027B3197955/0XBB4CDB9CBD36B01BD1CBAEBF2DE08D9173BC095C. Median spread on leading markets 0.60%.
Interpreting coverage and execution quality
Volume mix: 0XBB4CDB9CBD36B01BD1CBAEBF2DE08D9173BC095C is the largest tracked quote currency at about 48.2% of measured flow. Data scope: 2395 tickers observed, with spread readings on 300 markets. Trust rank is best read as a positioning cue, and 24h BTC volume complements it with recent activity scale. Coverage describes how many active pairs and tradable assets are available, which influences routing options and price discovery. Concentration shows whether turnover is clustered in a small set of pairs or spread across the book. Median spread is a practical measure of how tight pricing tends to be on the leading markets. A broad pair list usually improves routing flexibility, but pricing quality still depends on where volume concentrates. 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