MEXC Dominates Crypto Exchange Liquidity Rankings

MEXC has taken the top spot in near-touch order book depth for BTC and ETH futures, as well as silver (XAG) futures, according to TokenInsight's July Liquidity Report. The report evaluated liquidity performance across nine major exchanges based on order book depth, slippage, and bid-ask spread.

MEXC's cumulative depth at the 0.01% band for BTC reached $0.91 million, nearly matching the top exchange in the sample at $0.92 million. The platform also ranked third at the wider 0.03% band with $1.76 million.

The report found that MEXC's median slippage stood at 0.004% for $100K BTC sell orders, among the tightest in the sample. For ETH, MEXC's median slippage was the lowest in the sample at 0.009%, with P90 slippage of 0.024%, tied for the lowest.