ThalaSwap V1 exchange snapshot
Decentralized (DEX). Established 2023. Trust rank 431. Reported 24h volume 2.58 BTC.
Coverage: 10 active pairs across 7 tradable assets. Top ten pairs share 100.0%. Key pairs include MOD/USDC, USDC/APT, THAPT/APT, MOD/APT. Leading pair MOD/USDC. Median spread on leading markets 0.66%. Volume mix: USDC is the largest tracked quote currency at about 91.2% of measured flow. Data scope: 10 tickers observed, with spread readings on 10 markets.
How to read these exchange metrics
Trust rank is a comparative venue metric, not a guarantee of solvency or customer protection. Coverage counts observed markets, while concentration shows how much measured volume is assigned to the leading pairs. Median spread summarizes the bid ask gap in the observed leading markets; actual execution also depends on order size, depth, location, and market conditions.
Methodology responsibility: YearBull’s analytical methodology and presentation rules are developed and maintained by Alan Zelvin, Founder & Lead Crypto Researcher. This note identifies responsibility for the methodology; it does not attribute authorship of this data snapshot.
Figures may change as exchange and ticker snapshots are refreshed. Read the YearBull methodology.