Swappi overview
Decentralized (DEX). Established 2022. Trust rank 465. Reported 24h volume 1.51 BTC.
Coverage: 21 active pairs across 11 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 97.6%. Key pairs include WCFX/USDC, USDT0/WCFX, WCFX/USDT, WCFX/WBTC. Leading pair WCFX/USDC. Median spread on leading markets 0.62%.
What the key metrics mean
Volume mix: USDC is the largest tracked quote currency at about 37.5% of measured flow. Data scope: 21 tickers observed, with spread readings on 21 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 helps explain whether liquidity is diversified or tied to a handful of dominant pairs. Median spread captures the common bid ask distance on top books and helps set expectations for market orders and tight limits. A high top ten share suggests the venue is leader driven, so secondary pairs may react more during volatility. When comparing venues, weigh breadth, concentration, spreads, and the key pairs list to match the venue to your execution style.
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