Exchanges· ★★· bullish·

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