XBO.com exchange overview
Centralized (CEX). Country Isle of Man. Established 2022. Trust rank 74. Reported 24h volume 180.75 BTC.
Coverage: 192 active pairs across 149 tradable assets. Liquidity profile: Moderate. Concentration: Diversified. Execution quality: Tight. Top ten pairs share 42.4%. Key pairs include USDT/EUR, BNB/USDT, HYPE/USDT, BNB/EUR. Leading pair USDT/EUR. Median spread on leading markets 0.05%.
Liquidity structure and trading conditions
Volume mix: USDT is the largest tracked quote currency at about 55.9% of measured flow. Data scope: 193 tickers observed, with spread readings on 193 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 helps explain whether liquidity is diversified or tied to a handful of dominant pairs. Median spread is a practical measure of how tight pricing tends to be on the leading markets. When top ten share is lower, more pairs contribute to turnover, which can improve routing choices beyond the leaders. 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

