Market snapshot for Sushiswap
Decentralized (DEX). Established 2020. Trust rank 317. Reported 24h volume 23.92 BTC.
Coverage: 44 active pairs across 43 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 92.9%. Key pairs include DIA/USDC, RAIL/DAI, ONEBTC/WBTC, NEWO/USDC. Leading pair DIA/USDC. Median spread on leading markets 0.62%.
Interpreting coverage and execution quality
Volume mix: USDC is the largest tracked quote currency at about 51.9% of measured flow. Data scope: 45 tickers observed, with spread readings on 45 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. A high top ten share suggests the venue is leader driven, so secondary pairs may react more during volatility. 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