The competitive landscape of exchanges in 2025 has shown new changes, which can be observed from the data perspective.
Last summer, a leading exchange's spot trading volume nearly doubled, while other major exchanges remained stagnant during the same period. Interestingly, after the market experienced significant volatility in October, the situation reversed — this exchange's order book depth remained stable, while most competitors' liquidity shrank by 18-25%.
What does this reflect? On one hand, it indicates that users' preferences for trading volume and liquidity are becoming more concentrated; on the other hand, it exposes the differences in how various exchanges respond to market volatility. In a trading market where liquidity is king, those who can maintain stable order depth during extreme conditions will earn user trust.
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memecoin_therapy
· 3h ago
Liquidity shrinks by 18-25%? This is just the beginning of falling behind. Don't wait until extreme market conditions arrive to regret it.
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EternalMiner
· 5h ago
Liquidity, simply put, is active funds. In extreme market conditions, those who can stay steady will win.
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ChainWatcher
· 9h ago
Liquidity has shrunk so much? No wonder slippage has felt outrageous these past two months.
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probably_nothing_anon
· 9h ago
Liquidity has shrunk by 18-25%, which is outrageous. Some entities really need to reflect on this.
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WalletWhisperer
· 9h ago
Liquidity has shrunk so much, no wonder I've been feeling slippage is huge lately.
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ChainSauceMaster
· 9h ago
Liquidity is the key, and in extreme market conditions, you can see who is genuine and who is just a paper tiger.
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BlockBargainHunter
· 9h ago
Liquidity has shrunk so much, no wonder some people are starting to run away.
The competitive landscape of exchanges in 2025 has shown new changes, which can be observed from the data perspective.
Last summer, a leading exchange's spot trading volume nearly doubled, while other major exchanges remained stagnant during the same period. Interestingly, after the market experienced significant volatility in October, the situation reversed — this exchange's order book depth remained stable, while most competitors' liquidity shrank by 18-25%.
What does this reflect? On one hand, it indicates that users' preferences for trading volume and liquidity are becoming more concentrated; on the other hand, it exposes the differences in how various exchanges respond to market volatility. In a trading market where liquidity is king, those who can maintain stable order depth during extreme conditions will earn user trust.