Data shows that BitMart consistently posted deeper Bitcoin and Ethereum order books than peers over the observed period, supporting tighter spreads and less slippage.
Summary
- Data compared the top-seven dollar order book levels across the major exchanges, with BitMart’s perpetual depth remaining above that of peers over the sample period.
- In the perpetual ETH markets, BitMart once again led the way in terms of order book depth, with liquidity increasing in the later stages while rival platforms exhibited flatter or more uneven profiles.
- Deeper top-of-book liquidity supports tighter spreads and less slippage, improving execution of larger BTC and ETH perp orders during volatile trading conditions.
According to comparative market data, BitMart has demonstrated deeper order book liquidity than rival cryptocurrency exchanges in the Bitcoin (BTC) and Ethereum (ETH) perpetual markets during a recent observed period.
Bitmart places BTC and ETH
The data tracked the depth of the seven major order book levels, measured in US dollars, across multiple global trading platforms. BitMart’s liquidity measurements remained above rival exchanges over the time frame analyzed, the data showed.
In the perpetual Bitcoin markets, BitMart maintained a higher order book compared to peer exchanges even as broader market conditions fluctuated, the charts show. The data showed that BitMart’s Bitcoin liquidity remained relatively stable, while rival exchanges showed larger swings and slower recovery patterns.
Similar results appeared in the perpetual Ethereum markets, where BitMart led the way in order book depth and liquidity increased in the latter part of the observation period, the data showed. Other exchanges showed flatter or more uneven patterns in the same time frame.
The depth of the order book at top levels affects the execution quality of large orders because greater liquidity allows trades to be absorbed closer to current market prices. According to market structure analysis, greater depth can reduce slippage and ensure more stable execution during periods of market volatility.
The consistency between both the Bitcoin and Ethereum markets suggests a persistent liquidity pattern rather than isolated market conditions, the data shows. Deeper liquidity in the order book typically results in tighter spreads and smaller price differences during trade execution.
According to the comparative data, BitMart perpetual markets showed deeper and more stable liquidity compared to comparable exchanges during the measured period. The exchange’s order book depth remained high for both major cryptocurrency pairs analyzed in the study.
