Quickswap β Statistical Analysis
Quickswap demonstrates a strong market presence with a high volume-to-TVl ratio, but faces challenges in liquidity concentration and chain dominance.
Updated: Β· Data Window: 24h / 7d / 30d (varies by metric availability)
1. Market Overview
Quickswap's 24h trading volume stands at $62.9M, with a total value locked (TVL) of $503.9M. This positions Quickswap as a significant player in the DeFi space. The protocol's 24h TVL change of 0.43% indicates a relatively stable market presence.
2. Capital Efficiency
The Volume/TVL ratio of 12.4% (calculated as 24h Volume / TVL) indicates a relatively high capital efficiency for Quickswap. This suggests that the protocol is able to generate significant trading activity relative to its TVL.
3. Liquidity & Pair Spread
With 287 trading pairs and 197 listed coins, Quickswap's liquidity is somewhat concentrated. The ratio of pairs to coins is approximately 1.45, indicating a moderate level of liquidity fragmentation.
4. Chain Dominance
Polygon dominates Quickswap's TVL, accounting for $503.8M (99.9%). This suggests a high level of dependence on a single chain, which may pose risks to the protocol's overall stability.
5. Analyst Verdict
Quickswap's strong market presence and high capital efficiency are offset by concerns around liquidity concentration and chain dominance. The protocol's trust score is not available, but its 3 audits suggest a moderate level of security and transparency.