Toobit market summary
Decentralized (DEX). Country Cayman Islands. Established 2022. Trust rank 29. Reported 24h volume 11027.07 BTC.
Coverage: 365 active pairs across 359 tradable assets. Liquidity profile: High. Concentration: Concentrated. Execution quality: Tight. Top ten pairs share 89.2%. Key pairs include BTC/USDT, ETH/USDT, SOL/USDT, BTC/USDC. Leading pair BTC/USDT. Median spread on leading markets 0.03%.
Liquidity structure and trading conditions
Volume mix: USDT is the largest tracked quote currency at about 91.9% of measured flow. Data scope: 368 tickers observed, with spread readings on 300 markets. Trust rank is a comparative marker across venues, while 24h BTC volume gives a practical sense of recent turnover. Coverage reflects breadth of markets you can access here, which matters when you need alternatives beyond the top pair. Concentration indicates how much of the venue depends on its leaders versus a wider set of pairs. Median spread is a practical measure of how tight pricing tends to be on the leading markets. A broad pair list usually improves routing flexibility, but pricing quality still depends on where volume concentrates. Tight spreads on the leaders generally support cleaner fills, especially when depth remains stable. For venue selection, combine breadth, concentration, and spread conditions with the key pairs.
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