Pionex market summary
Centralized (CEX). Country British Virgin Islands. Established 2019. Trust rank 51. Reported 24h volume 42765.63 BTC.
Coverage: 307 active pairs across 290 tradable assets. Liquidity profile: High. Concentration: Concentrated. Execution quality: Tight. Top ten pairs share 91.6%. Key pairs include ETH/USDT, DOGE/USDT, ETH/BTC, SOL/USDT. Leading pair ETH/USDT. Median spread on leading markets 0.02%.
Liquidity structure and trading conditions
Volume mix: USDT is the largest tracked quote currency at about 96.0% of measured flow. Data scope: 100 tickers observed, with spread readings on 100 markets. Trust rank summarizes relative standing among peers, and 24h BTC volume adds context on how active the venue is right now. Coverage reflects breadth of markets you can access here, which matters when you need alternatives beyond the top pair. Concentration tells you if activity is focused on a few markets or distributed across many pairs. Median spread captures the common bid ask distance on top books and helps set expectations for market orders and tight limits. With a large set of active pairs, execution can vary across markets, so check whether activity is spread beyond the leaders. Top ten share is very high here, which can make liquidity feel deep on the leaders while thinner elsewhere. Spreads are tight on the leading markets.
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