BitMart outpaced rivals in BTC and ETH perpetual liquidity, data shows
Market data from a recent observation period shows crypto exchange BitMart delivered deeper and more stable order book liquidity in Bitcoin (BTC) and Ethereum (ETH) perpetual markets than several competing centralized exchanges.
The analysis — which compared perpetual markets across multiple global venues and measured depth in U.S. dollars at the top seven price levels — found BitMart consistently holding stronger liquidity throughout the measured timeframe. In BTC perpetuals, BitMart’s depth stayed elevated even as market conditions fluctuated, while other exchanges displayed sharper drops and slower recoveries. Ethereum perpetuals showed a similar pattern: BitMart led competitors, with liquidity notably building toward the latter part of the period while rivals exhibited flatter or more uneven trajectories.
Why it matters: deeper order books at the top price levels generally enable larger orders to execute closer to mid-market prices, producing tighter bid-ask spreads and lower slippage — benefits that become especially valuable during volatile market episodes when thin books are more susceptible to price impact from big trades.
The consistency of BitMart’s lead across both BTC and ETH perpetual markets suggests this was more than a one-off occurrence, the report’s authors concluded, pointing to comparatively robust market-making infrastructure on the exchange. The analysis did not disclose the precise duration of the observation window, a caveat for traders and institutions evaluating the findings.
Overall, the data positions BitMart as a platform offering comparatively stronger execution characteristics for perpetual contract traders during the measured period, while underscoring the importance of checking liquidity conditions over multiple timeframes before routing significant flows.
Read more AI-generated news on: undefined/news
