
MEXC's Bitcoin and Ether spot order book depth more than doubles since July
- —BTC and ETH spot depth on MEXC rose from $1.76M to $3.58M within 0.03% of mid-price
- —BTC and ETH futures depth grew 34% to $21.03M, ranking first among surveyed venues
- —Median slippage for a simulated $1M ETH futures sell order fell from 0.015% to 0.008%
- —Within the 0.01% band, combined spot depth reached $1.35M, jointly ranking first
Why it matters: Deeper order books reduce slippage for large orders, strengthening MEXC's position as exchanges compete for institutional flow.
Source: Finbold
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