RootData’s latest ranking of stock derivatives exchanges shows that OrangeX, KuCoin and Extended had the lowest weighted depth within the top 20 venues. Their weighted depth at ±2% was listed at $32,700, $124,400 and $132,400, respectively. By contrast, Binance, which placed first in the overall ranking, posted weighted depth of about $13.2826 million. RootData said the metric refers to ±2% market depth after weighting by 24-hour trading volume. The update highlights the gap in order book depth between the top-ranked exchange and the lowest three exchanges within the same top-20 list.
According to ChainCatcher, RootData’s latest ranking of stock derivatives exchanges shows that OrangeX, KuCoin and Extended recorded the lowest weighted depth among the top 20 exchanges.
Their weighted depth at ±2% came in at $32,700, $124,400 and $132,400, respectively. Binance, which ranked first overall, posted weighted depth of about $13.2826 million. RootData said the weighted depth metric refers to ±2% depth after weighting by 24-hour trading volume.
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