TokenInsight Liquidity Report: Bitget Leads the BTC/ETH Contract Market

According to TokenInsight's "Cryptocurrency Exchange Liquidity Report," Binance maintains a leading position in order book depth for the BTC and ETH spot markets, significantly outperforming other platforms in the 0.03% and 0.05% ranges, followed by Bitget and OKX. In terms of slippage for large sell orders in the spot market, Binance maintains the lowest slippage for both BTC and ETH, while Bitget ranks second overall, demonstrating strong order book capacity. Regarding BTC bid-ask spreads, Binance and Bitget are in the optimal range. The contract market shows a differentiated pattern. Bitget excels in BTC and ETH contract order book depth, maintaining a leading position in the 0.05% and 0.1% ranges. In terms of slippage for large sell orders, BTC contract liquidity is relatively balanced among leading platforms, while ETH contracts show a more pronounced platform differentiation, with Bitget and OKX exhibiting the lowest slippage in the $5 million sell order scenario. Bid-ask spreads for BTC and ETH contracts remained low across major exchanges, reflecting the increasing maturity of the derivatives market structure. Regarding precious metal contracts, gold (XAU) and silver (XAG) exhibited different liquidity characteristics. Overall, Binance still dominated in terms of XAU and XAG contract depth, while Bitget maintained strong liquidity. In comparison, the XAU market had better overall depth, with slippage and spreads relatively controllable on leading platforms; while XAG showed higher slippage and wider spreads.