Pionex market summary
Centralized (CEX). Country British Virgin Islands. Established 2019. Trust rank 51. Reported 24h volume 42765.63 BTC.
Coverage: 299 active pairs across 280 tradable assets. Liquidity profile: High. Concentration: Concentrated. Execution quality: Tight. Top ten pairs share 95.8%. Key pairs include BTC/USDT, ETH/USDT, DOGE/USDT, SOL/USDT. Leading pair BTC/USDT. Median spread on leading markets 0.03%.
Liquidity structure and trading conditions
Volume mix: USDT is the largest tracked quote currency at about 99.3% of measured flow. Data scope: 300 tickers observed, with spread readings on 300 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. 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, which is consistent with smoother execution for common order sizes. When comparing venues, weigh breadth, concentration, sp.
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