Market snapshot for PancakeSwap (v2)
Decentralized (DEX). Established 2020. Trust rank 203. Reported 24h volume 853.01 BTC.
Coverage: 2240 active pairs across 1893 tradable assets. Liquidity profile: High. Concentration: Moderately concentrated. Execution quality: Competitive. Top ten pairs share 77.6%. Key pairs include SKYAI/WBNB, ARK/BSC-USD, 币安人生/WBNB, IBS/BSC-USD. Leading pair SKYAI/WBNB. Median spread on leading markets 0.60%.
Interpreting coverage and execution quality
Volume mix: WBNB is the largest tracked quote currency at about 71.0% of measured flow. Data scope: 2363 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