Pangolin overview
Decentralized (DEX). Established 2021. Trust rank 377. Reported 24h volume 1.47 BTC.
Coverage: 65 active pairs across 49 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 98.0%. Key pairs include 0X8729438EB15E2C8B576FCC6AECDA6A148776C0F5/0XB31F66AA3C1E785363F0875A1B74E27B85FD66C7, 0X60781C2586D68229FDE47564546784AB3FACA982/0XB31F66AA3C1E785363F0875A1B74E27B85FD66C7, 0X9702230A8EA53601F5CD2DC00FDBC13D4DF4A8C7/0XB31F66AA3C1E785363F0875A1B74E27B85FD66C7, 0XA7D7079B0FEAD91F3E65F86E8915CB59C1A4C664/0XB31F66AA3C1E785363F0875A1B74E27B85FD66C7. Leading pair 0X8729438EB15E2C8B576FCC6AECDA6A148776C0F5/0XB31F66AA3C1E785363F0875A1B74E27B85FD66C7. Median spread on leading markets 0.61%.
How to read the key metrics
Volume mix: 0XB31F66AA3C1E785363F0875A1B74E27B85FD66C7 is the largest tracked quote currency at about 95.8% of measured flow. Data scope: 65 tickers observed, with spread readings on 65 markets. Trust rank summarizes relative standing among peers, and 24h BTC volume adds context on how active the venue is right now. Coverage captures breadth across pairs and assets, which affects how resilient liquidity can be under changing demand. Concentration indicates how much of the venue depends on its leaders versus a wider set of pairs. Median spread summarizes typical distance between bid and ask on the most active books and is a useful proxy for execution friction. A high top ten share suggests the venue is leader driven, so secondary pairs may react more during volatility. To evaluate fit, use coverage, concentration, spreads, and the leading pairs list together, especially if you rely on fas.
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