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Bitcoin

Comparing Liquidity on Uniswap and Binance

363 Views25 Aug 2023 07:23
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SUMMARY
  • Market depth is a widely used measure of liquidity, commonly calculated across the order books of cryptocurrency pairs on centralized exchanges (CEXes).
  • It provides the amount of bids and asks at varying distances from the mid-price, encompassing a range from -0.1% to 10%.
  • This chart shows cumulative ETH-USDT bid and ask volumes at various levels on the ten largest CEXes.
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  • Comparing Liquidity on Uniswap and Binance
    25 Aug 2023
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