MEXC Sees Significant Improvements in Order Book Depth and Execution Quality
MEXC, a global cryptocurrency exchange, has seen significant improvements in its order book depth and estimated execution quality across various markets. The combined Bitcoin (BTC) and Ether (ETH) spot order book depth on MEXC more than doubled between TokenInsight's July and September liquidity reports, reaching $3.58 million within 0.03% of the mid-market price.
This increase was accompanied by a rise in combined BTC and ETH futures depth, which grew approximately 34% to $21.03 million within the same price band. MEXC retained its first place in this category, having recorded $15.71 million in the earlier assessment.
TokenInsight's report also showed improvements in MEXC's displayed liquidity and estimated execution quality across several tested markets. The exchange ranked second on the measure of combined BTC and ETH spot order book depth in the September assessment of nine trading venues.