Shadow Exchange exchange snapshot
Decentralized (DEX). Country Panama. Established 2024. Trust rank 325. Reported 24h volume 20.08 BTC.
Coverage: 17 active pairs across 12 tradable assets. Top ten pairs share 99.4%. Key pairs include WETH/WS, WBTC/WETH, WS/ANON, SHADOW/WS. Leading pair WETH/WS. Median spread on leading markets 0.67%. Volume mix: WS is the largest tracked quote currency at about 77.5% of measured flow. Data scope: 17 tickers observed, with spread readings on 17 markets.
How to read these exchange metrics
Trust rank is a comparative venue metric, not a guarantee of solvency or customer protection. Coverage counts observed markets, while concentration shows how much measured volume is assigned to the leading pairs. Median spread summarizes the bid ask gap in the observed leading markets; actual execution also depends on order size, depth, location, and market conditions.
Methodology responsibility: YearBull’s analytical methodology and presentation rules are developed and maintained by Alan Zelvin, Founder & Lead Crypto Researcher. This note identifies responsibility for the methodology; it does not attribute authorship of this data snapshot.
Figures may change as exchange and ticker snapshots are refreshed. Read the YearBull methodology.