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Native

Est. 2023
Dexs

Native is an on-chain DEX leveraging a credit-based, market-maker-driven orderbook model primarily active on Binance Chain.

Key Metrics

Trading & Protocol Performance
TVL
$6K
TVL Change (24h)
-1.03%
TVL Change (7d)
-9.87%
Volume (24h)
$12.5M
Volume (7d)
$119.6M
Volume (30d)
$791.6M
Volume Change (1d)
-35.3%
TVL by Chain
Binance: $6K Ethereum: $69 Polygon: $67 Arbitrum: $22 Mantle: $5 ZetaChain: $2 Avalanche: $2

Native β€” Statistical Analysis

β˜… β˜… β˜… β˜… β˜… 2.5

Native DEX shows early signs of growth but requires improvement in capital efficiency and liquidity spread.

Updated: Β· Data Window: 24h / 7d / 30d (varies by metric availability)

1. Market Overview

Total Value Locked (TVL) stands at $6.6K, with a 24h TVL Change of 0.85%. The protocol's 24h Trading Volume is $45,100,000, with a total of 8 listed coins and 9 trading pairs.

2. Capital Efficiency

The Volume / TVL ratio is approximately 6.9M, indicating a relatively low capital efficiency. This suggests that the protocol's liquidity is not being utilized effectively, resulting in a high turnover rate.

3. Liquidity & Pair Spread

With 9 trading pairs and 8 listed coins, the protocol's liquidity is somewhat concentrated. However, the low TVL and high volume suggest that liquidity is not evenly distributed across pairs.

4. Chain Dominance

Binance dominates the TVL deployment with $6.5K, accounting for approximately 98.5% of the total TVL. Other chains, such as Polygon and Ethereum, have negligible TVL deployments.

5. Analyst Verdict

Native DEX's low trust score, lack of audits, and high volume turnover raise concerns about its maturity and market traction. However, the protocol's growth in trading volume and TVL suggests potential for improvement.

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Yield Guide

Fee Revenue Β· LP Yields Β· Incentive Programs Β· Staking Β· Earning Strategies

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