Market snapshot for Paribu
Decentralized (DEX). Country Turkey. Established 2017. Trust rank 228. Reported 24h volume 1219.48 BTC.
Coverage: 242 active pairs across 208 tradable assets. Liquidity profile: High. Concentration: Diversified. Execution quality: Competitive. Top ten pairs share 34.5%. Key pairs include USDT/TRY, BTC/TRY, AVAX/TRY, XRP/TRY. Leading pair USDT/TRY. Median spread on leading markets 0.31%.
Understanding activity and pricing
Volume mix: TRY is the largest tracked quote currency at about 82.7% of measured flow. Data scope: 243 tickers observed, with spread readings on 243 markets. Trust rank provides a quick placement within a broad group of venues, and 24h BTC volume helps you gauge current activity. Coverage reflects breadth of markets you can access here, which matters when you need alternatives beyond the top pair. 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. When top ten share is lower, more pairs contribute to turnover, which can improve routing choices beyond the leaders. To evaluate fit, use coverage, concentration, spreads, and the leading pairs list together, especially if you rely on fast fills.
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