Ekubo β Statistical Analysis
Ekubo demonstrates a strong market presence with a high Volume/TVL ratio, but faces challenges in liquidity distribution and chain dominance.
Updated: Β· Data Window: 24h / 7d / 30d (varies by metric availability)
1. Market Overview
$22.0M TVL and $29.2M 24h Volume position Ekubo as a notable player in the DeFi space. With 36 listed coins and 127 trading pairs, the protocol showcases a diverse market presence.
2. Capital Efficiency
The Volume/TVL ratio of 1.32 indicates a high turnover rate, suggesting that Ekubo's capital is being efficiently utilized. This ratio is a positive indicator of the protocol's market traction and liquidity.
3. Liquidity & Pair Spread
With 127 trading pairs and 36 listed coins, Ekubo's liquidity is somewhat concentrated. The ratio of pairs to coins is 3.53, indicating a relatively low level of liquidity spread. This may lead to reduced market depth and increased slippage.
4. Chain Dominance
Starknet dominates with $17.7M TVL, accounting for 80.5% of Ekubo's total TVL. Ethereum, with $4.3M TVL, holds the remaining 19.5%. This imbalance may pose risks to the protocol's overall stability and decentralization.
5. Analyst Verdict
Ekubo's high Volume/TVL ratio and diverse market presence are notable strengths. However, the protocol's liquidity distribution and chain dominance raise concerns. With a Trust Score of N/A and 2 audits, Ekubo's overall health is uncertain. Further investigation is required to fully assess the protocol's potential.