Market snapshot for Upbit Indonesia
Decentralized (DEX). Country Indonesia. Established 2018. Trust rank 892. Reported 24h volume 29.38 BTC.
Coverage: 245 active pairs across 178 tradable assets. Liquidity profile: Moderate. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 90.2%. Key pairs include BTC/USDT, ETH/USDT, ETH/BTC, USDT/BTC. Leading pair BTC/USDT.
Liquidity structure and trading conditions
Volume mix: USDT is the largest tracked quote currency at about 57.8% of measured flow. Data scope: 254 tickers observed. Trust rank summarizes relative standing among peers, and 24h BTC volume adds context on how active the venue is right now. 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 represents the typical bid ask gap on leading markets and often aligns with day to day execution cost. Top ten share is very high here, which can make liquidity feel deep on the leaders while thinner elsewhere. A good read is to pair these metrics with the top pairs panel and the volume chart to understand both structure and recent behavior.
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