BingX Surpasses Rivals in TradFi Perpetual Futures Liquidity

BingX has taken the top spot for traditional finance (TradFi) perpetual futures liquidity across various global assets, according to an analysis by the platform itself. In September of last year, BingX found that it offered the deepest order-book liquidity across key TradFi assets compared to other major trading platforms.

The platform's analysis revealed that BingX had average order-book depth 1.6 times higher than the second-most-liquid exchange for commodities like gold and silver, and WTI crude oil and Brent crude. For stocks such as Alphabet (GOOGL), Broadcom (AVGO), SK Hynix (SKHYNIX), and Intel (INTC), BingX's order-book depth was 1.7 times that of the second-ranked exchange.

The platform also offers perpetual futures on companies like Apple (AAPL), SpaceX (SPCX), and Tesla (TSLA) with an average order-book depth of 2.2 times that of the second-ranked exchange across the 10, 50, and 100 basis-point bands.

BingX's Chief Strategy Officer, Kevin Lee, emphasized that liquidity is crucial in determining whether market access works when traders need it most. He stated that by combining deep order books with one of the industry's largest selections of TradFi perpetual futures, BingX is building a more connected way to access global markets.