Ubeswap V3 overview
Decentralized (DEX). Country Turkey. Established 2021. Trust rank 594. Reported 24h volume 1.97 BTC.
Coverage: 6 active pairs across 5 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 100.0%. Key pairs include USDT/CELO, CELO/USDM, USDC/CELO, USDGLO/USDC. Leading pair USDT/CELO. Median spread on leading markets 0.64%.
Understanding activity and pricing
Volume mix: CELO is the largest tracked quote currency at about 64.5% of measured flow. Data scope: 7 tickers observed, with spread readings on 7 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 shows whether turnover is clustered in a small set of pairs or spread across the book. Median spread captures the common bid ask distance on top books and helps set expectations for market orders and tight limits. With a compact set of pairs, most activity tends to funnel into the leaders, so the top pairs list becomes especially important. Top ten share is very high here, which can make liquidity feel deep on the leaders while thinner elsewhere. When comparing venues, weigh breadth, concent.
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

