MEXC Tops Rankings in Near-Touch Order Book Depth for BTC and ETH Futures

MEXC, a leading cryptocurrency exchange, has been ranked number one in near-touch order book depth for BTC and ETH futures, according to TokenInsight's July liquidity report.

The report evaluated nine major exchanges based on order book depth, slippage, and bid-ask spread, covering spot and futures markets for BTC, ETH, gold, and silver.

MEXC's cumulative depth at the 0.03% band reached $15.71 million combined for BTC and ETH futures, ranking third among sampled exchanges.

The exchange also led in silver (XAG) futures depth, with a cumulative depth of roughly $1.0 million at the 0.03% band, about 43% higher than the next-closest exchange.