Tapbit market summary
Decentralized (DEX). Country United States. Established 2019. Trust rank 26. Reported 24h volume 14087.25 BTC.
Coverage: 328 active pairs across 323 tradable assets. Liquidity profile: High. Concentration: Concentrated. Execution quality: Tight. Top ten pairs share 93.5%. Key pairs include ETH/USDT, BTC/USDT, USDC/USDT, ETH/USDC. Leading pair ETH/USDT. Median spread on leading markets 0.11%.
What the key metrics mean
Volume mix: USDT is the largest tracked quote currency at about 88.1% of measured flow. Data scope: 328 tickers observed, with spread readings on 285 markets. Trust rank provides a quick placement within a broad group of venues, and 24h BTC volume helps you gauge current activity. Coverage captures breadth across pairs and assets, which affects how resilient liquidity can be under changing demand. Concentration tells you if activity is focused on a few markets or distributed across many pairs. Median spread summarizes typical distance between bid and ask on the most active books and is a useful proxy for execution friction. With a large set of active pairs, execution can vary across markets, so check whether activity is spread beyond the leaders. A high top ten share suggests the venue is leader driven, so secondary pairs may react more during volatility. To evaluate fit, use coverage, c.
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