How Tokpie looks today
Centralized (CEX). Country Hong Kong. Established 2018. Trust rank 171. Reported 24h volume 251.76 BTC.
Coverage: 90 active pairs across 84 tradable assets. Liquidity profile: Moderate. Concentration: Moderately concentrated. Execution quality: Tight. Top ten pairs share 83.8%. Key pairs include ETH/USDT, BNB/USDT, TRX/USDT, WBTC/USDT. Leading pair ETH/USDT. Median spread on leading markets 0.04%.
Liquidity structure and trading conditions
Volume mix: USDT is the largest tracked quote currency at about 81.3% of measured flow. Data scope: 90 tickers observed, with spread readings on 90 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. Spreads are tight on the leading markets, which is consistent with smoother execution for common order sizes. 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

