TokenInsight July Report: MEXC Tops BTC, ETH, and Silver Futures Depth

According to TokenInsight's liquidity report for July 2026, MEXC ranked first among nine surveyed exchanges in terms of order book depth for BTC, ETH Futures, and Silver Futures across several measurement ranges. The report evaluates liquidity based on order book depth, slippage, and bid-ask spreads.

BTC and ETH Spot Among High Liquidity Group

According to TokenInsight's July 2026 cryptocurrency exchange liquidity report, MEXC is among the leaders in several liquidity metrics for BTC and ETH Spot.

At a 0.01% range, MEXC's accumulated depth reached approximately $0.91 million, compared to $0.92 million for the leading exchange in the survey group. At a 0.03% range, this figure reached $1.76 million, ranking third.

For a $100,000 BTC sell order, the median slippage recorded by TokenInsight was 0.004%, while the P90 index was 0.013%.

For ETH, the median slippage was 0.009% and P90 was 0.024%, both among the lowest in the surveyed platforms.

MEXC Leads in BTC and ETH Futures Depth

In the derivatives market, TokenInsight recorded MEXC's accumulated depth at a 0.03% range at $15.71 million for BTC and ETH Futures, the highest among the nine surveyed exchanges.

At a 0.05% range, the depth increased to $20.83 million, ranking third and approximately 2.1% lower than the leading platform.

For ETH Futures, the median slippage was reported at 0.006% for a $500,000 order size and 0.015% for a $1 million order size.

For BTC Futures, the corresponding figures were 0.003% and 0.009%, ranking second in the survey group.

These metrics reflect the order book conditions at the time and the scope of TokenInsight's research, and do not imply that liquidity or slippage levels will remain fixed under all market conditions.

Silver Futures Lead in Two Measurement Ranges

According to TokenInsight, MEXC also topped the order book depth for Silver (XAG) Futures at the two surveyed ranges.

The depth at the 0.01% level reached approximately $0.4 million, nearly double that of the next platform. At a 0.03% range, the depth reached about $1 million, approximately 43% higher than the second position.

The median slippage for a $100,000 XAG sell order was reported at nearly 0%, while a $300,000 order recorded about 0.013%.

The figures indicate that the competition for liquidity among cryptocurrency exchanges is not only focused on BTC and ETH but is also expanding to products referencing traditional assets such as precious metals.

Conclusion

TokenInsight's July report shows that order book depth and slippage continue to be important metrics when assessing liquidity quality on trading platforms.

However, these figures are recorded within the scope of a specific survey and do not reflect the safety, investment efficiency, or legal suitability of a service in each country.