MEXC Tops Near-Touch BTC Futures Depth, Leads in Silver
MEXC has taken the top spot in near-touch Bitcoin (BTC) and Ethereum (ETH) futures depth, according to TokenInsight's July Liquidity Report. The exchange also led in silver (XAG) futures depth.
The report evaluated liquidity performance across nine major exchanges based on order book depth, slippage, and bid-ask spread. MEXC's cumulative futures depth was the highest in the sample at the 0.03% band, reaching $15.71 million combined for BTC and ETH.
MEXC also performed well in spot markets, with its cumulative depth at the 0.01% band reaching $0.91 million, nearly matching the top exchange in the sample. The median slippage on MEXC stood at 0.004% for $100K BTC sell orders and 0.009% for ETH.
The report noted that deep order books, tight execution, and consistent liquidity are crucial for delivering a stable trading experience. To enhance this, MEXC will continue to invest in its liquidity infrastructure.