MEXC Dominates Near-Touch Order Book Depth for BTC, ETH Futures

MEXC has taken the top spot in near-touch order book depth for Bitcoin and Ethereum futures, according to TokenInsight's July Liquidity Report. The exchange also led in silver (XAG) futures depth.

In spot markets, MEXC's cumulative depth at the 0.01% band reached $0.91 million, nearly matching the top exchange in the sample at $0.92 million, and ranked third at the wider 0.03% band with $1.76 million. For large-size futures orders, MEXC's median slippage for Ethereum was the lowest in the sample at 0.006%, with a corresponding P90 slippage of 0.011%.

MEXC's XAG futures depth ranked first across both measurement bands, reaching roughly $0.4 million at the 0.01% band and approximately $1.0 million at the 0.03% band.