Pegged, Traded, Loyal: How Blurt Dominates Hive-Engine’s Spot Market

It's quite revealing that the top spot trading pair among pegged tokens on Hive-Engine is SWAP.HIVE/SWAP.BLURT. While other pairs—such as SWAP.HIVE/SWAP.BTC—have significantly higher volumes due to liquidity pools, it's encouraging to see consistent user activity in BLURT spot trading. This reflects a strong sense of resilience and loyalty toward these key tokens, Hive and Blurt.

Currently, Blurt has a trading volume of approximately $4,300 on Hive-Engine, giving it more market influence there than on platforms tracked by CoinGecko.

Excluding Hive-Engine's liquidity pools, Blurt’s value can be referenced via CoinGecko. On ProBit Global, the Blurt/BTC spot trading pair has a 24-hour volume of only around $120. Blurt appears to have stronger community engagement on Hive-Engine, where most of its trading takes place. The low volume on ProBit Global indicates limited external market exposure or interest from broader crypto traders. This reveals that Blurt's value, influence, and volume are primarily centered on its dependence on the Hive-Engine and the Hive ecosystem.

Hive-Engine is the better venue for liquidity and price execution when it comes to Blurt. Although Blurt is entirely dependent on a handful of exchanges, it's nice to see that the two main options are a centralized and decentralized exchange.

One offers extra trading pairs for spot trading, while the other offers more trading pairs in liquidity pools for community tokens and pegged tokens.