TokenInsight's latest Crypto Exchange Liquidity Report for September 2026 reveals that MEXC achieved the deepest combined BTC and ETH futures order book depth within the 0.03% price band among nine major global exchanges. The report also highlights MEXC's lowest median slippage for a $300,000 silver futures sell order, underscoring its strong execution capabilities across both digital assets and precious metals.
Comprehensive Liquidity Assessment
The report systematically evaluates liquidity performance based on order book depth, trading slippage, and bid-ask spread. It covers BTC and ETH across spot and futures markets, as well as XAU (gold) and XAG (silver) futures, providing a holistic view of market quality.
Spot Market Performance
In the spot market, MEXC's combined BTC and ETH order book depth reached approximately $1.35 million at the 0.01% band, tying with another exchange for the deepest spot liquidity. At the wider 0.03% band, the depth stood at $3.58 million, ranking second overall. For a $500,000 BTC spot sell order, MEXC recorded the lowest median slippage in the report at 0.005%.
Futures Depth Leadership
Within the 0.03% price band, MEXC's combined BTC and ETH futures depth reached $21.03 million, the deepest among all surveyed exchanges. This indicates MEXC's strength in concentrating executable liquidity close to the mid-market price, a critical factor for institutional and high-volume traders.
Consistent ETH Futures Execution
MEXC delivered strong ETH futures execution across both tested order sizes. For a $500,000 sell order, median and P90 slippage were 0.003% and 0.007%, respectively. For a $1 million sell order, the figures were 0.008% and 0.013%, among the best-performing results in the report.
Precious Metals Futures
In XAG futures, MEXC recorded a median slippage of 0.002% for a $300,000 sell order, the lowest among all surveyed exchanges. The exchange also achieved a combined XAU and XAG futures depth of $2.39 million within the 0.01% band, leading the market in XAG-specific order book depth.
Implications for Traders
The report highlights MEXC's strong liquidity and execution performance across both crypto and precious-metals markets, particularly in near-touch order book depth and trade execution. These capabilities provide a foundation for a more efficient trading experience as users access opportunities across global markets.
MEXC, founded in 2018, positions itself as a 0-fee gateway to a wide range of assets, including crypto, stocks, tokenized assets, and derivatives. The exchange serves users across 170+ markets, emphasizing deep liquidity and broad asset coverage.
This content does not constitute investment advice. Given the volatility of financial markets, including digital assets, tokenized assets, and traditional financial products, investors should carefully assess market conditions, underlying asset fundamentals, and potential financial risks before making any investment or trading decisions.
This article is for informational purposes only and does not constitute financial advice.
