How Sushiswap V3 (Polygon) looks today
Decentralized (DEX). Established 2023. Trust rank 438. Reported 24h volume 0.12 BTC.
Coverage: 17 active pairs across 12 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 99.8%. Key pairs include USDC.E/WETH, USDC.E/DAI, PKR/USDC.E, USDC.E/USDT0. Leading pair USDC.E/WETH. Median spread on leading markets 0.73%.
Liquidity structure and trading conditions
Volume mix: WETH is the largest tracked quote currency at about 84.6% of measured flow. Data scope: 17 tickers observed, with spread readings on 17 markets. Trust rank is best read as a positioning cue, and 24h BTC volume complements it with recent activity scale. Coverage is a breadth check, more pairs and assets generally mean more choice when conditions shift. Concentration tells you if activity is focused on a few markets or distributed across many pairs. Median spread is a practical measure of how tight pricing tends to be on the leading markets. With a compact set of pairs, most activity tends to funnel into the leaders, so the top pairs list becomes especially important. A high top ten share suggests the venue is leader driven, so secondary pairs may react more during volatility. For venue selection, combine breadth, concentration, and spread conditions with the key pairs list to.
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

