Market snapshot for Sushiswap
Decentralized (DEX). Established 2020. Trust rank 267. Reported 24h volume 13.03 BTC.
Coverage: 293 active pairs across 262 tradable assets. Liquidity profile: Moderate. Concentration: Moderately concentrated. Execution quality: Competitive. Top ten pairs share 78.9%. Key pairs include DAI/WETH, WBTC/WETH, RAIL/WETH, ILV/WETH. Leading pair DAI/WETH. Median spread on leading markets 0.60%.
Interpreting coverage and execution quality
Volume mix: WETH is the largest tracked quote currency at about 94.3% of measured flow. Data scope: 297 tickers observed, with spread readings on 296 markets. Trust rank summarizes relative standing among peers, and 24h BTC volume adds context on how active the venue is right now. Coverage is a breadth check, more pairs and assets generally mean more choice when conditions shift. Concentration shows whether turnover is clustered in a small set of pairs or spread across the book. Median spread summarizes typical distance between bid and ask on the most active books and is a useful proxy for execution friction. 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