SailFish β Statistical Analysis
SailFish DEX demonstrates limited market traction with low TVL and trading volume, but shows potential for growth.
Updated: Β· Data Window: 24h / 7d / 30d (varies by metric availability)
1. Market Overview
SailFish DEX has a Total Value Locked (TVL) of $170.4K and a 24h Trading Volume of $1.8M. The protocol has a relatively small market size, indicating limited adoption and usage.
2. Capital Efficiency
The Volume / TVL ratio is 10.58 ($1.8M / $170.4K), indicating a relatively high turnover rate. This suggests that the protocol's liquidity is being utilized efficiently, but the overall capital base is small.
3. Liquidity & Pair Spread
With 2 trading pairs and 1 listed coin, the protocol's liquidity is concentrated in a limited number of assets. This concentration may lead to liquidity risks and limited trading opportunities.
4. Chain Dominance
SailFish DEX is fully deployed on the EDU Chain, with 100% of TVL ($170.4K) held on this chain. This indicates a high dependence on a single chain, which may pose risks to the protocol's stability and scalability.
5. Analyst Verdict
SailFish DEX's Trust Score is N/A, and it has 0 audits, indicating a lack of transparency and security guarantees. While the protocol shows some potential for growth, its limited market traction and high dependence on a single chain raise concerns about its long-term viability.