How THENA FUSION looks today
Decentralized (DEX). Established 2023. Trust rank 266. Reported 24h volume 14.45 BTC.
Coverage: 28 active pairs across 21 tradable assets. Liquidity profile: Moderate. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 98.8%. Key pairs include BSC-USD/USDC, BTCB/WBNB, WETH/WBNB, BSC-USD/WBNB. Leading pair BSC-USD/USDC. Median spread on leading markets 0.63%.
What the key metrics mean
Volume mix: USDC is the largest tracked quote currency at about 82.4% of measured flow. Data scope: 28 tickers observed, with spread readings on 28 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 helps explain whether liquidity is diversified or tied to a handful of dominant pairs. 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

