KuCoin Ranks Among Top 3 for BTC Spot Depth, Demonstrates Superior ETH Liquidity Resilience in Latest TokenInsight Report

2026/03/26 10:00:00

KuCoin has been recognized for its exceptional market liquidity and execution efficiency in the newly released Crypto Exchange Liquidity Report - MAR 2026 by TokenInsight. The report highlights KuCoin’s position as a top-tier venue for Bitcoin (BTC) and Ethereum (ETH) spot trading, particularly excelling in order book depth and resilience under large-scale trade pressure.

The TokenInsight report analyzed seven major centralized exchanges (CEXs) across three core metrics: order book depth, slippage, and bid-ask spreads. The findings underscore KuCoin’s role as a vital liquidity hub in the digital asset ecosystem.

Top-Tier BTC Depth: Ranking 3rd Globally

According to the report, KuCoin maintains a formidable lead in near-touch liquidity. In the 0.03% Cumulative Spot Depth category for BTC—a critical metric for high-frequency traders and retail efficiency—KuCoin recorded 0.9M in depth, securing its position as the third-strongest venue globally. This performance ensures that users can execute BTC trades with minimal price impact at the narrowest spreads, outperforming several major industry peers.

ETH Liquidity Resilience: Outperforming the Peer Set

One of the most significant findings in the report is KuCoin’s "depth resilience" during Ethereum (ETH) sell-side stress tests. While many exchanges saw drastic slippage spikes when scaling order sizes from $500K to $1M, KuCoin demonstrated remarkable stability:

Stable Execution: KuCoin’s ETH slippage rose only modestly from 0.160% to 0.177% as order size doubled.
Industry Comparison: In contrast, other venues experienced severe deterioration, with some platforms seeing slippage surge to over 2.1%.

This data confirms that KuCoin is a premier destination for institutional-grade ETH transactions, capable of absorbing significant market sell pressure without compromising execution quality.

The report further highlights the increasing scalability of liquidity in derivatives markets, where KuCoin remains competitively positioned among leading venues.

In BTC futures, KuCoin demonstrates strong execution consistency at larger trade sizes, with slippage for $5M sell orders at 0.059%, placing it firmly within the tightly clustered range of top exchanges. This convergence suggests that leading platforms are increasingly able to support large-scale execution with minimal differentiation in cost.

In ETH futures, KuCoin continues to deliver stable execution performance, with 0.051% slippage at the $1M level, maintaining its position within the top-tier group under higher notional pressure.

Together, these results indicate that KuCoin offers a scalable and reliable derivatives trading environment, supporting efficient execution for both institutional and professional market participants.

Driving Trust Through Liquidity Quality

Commenting on the report, BC Wong, CEO of KuCoin, said:

“Liquidity is a fundamental pillar of trust in digital asset markets. This report reinforces KuCoin’s commitment to building a platform where users can execute with confidence — supported by resilient liquidity, stable pricing, and continuous infrastructure investment.”

As market structure continues to mature, the report highlights a clear trend toward concentrated liquidity among leading exchanges, with KuCoin playing an increasingly important role within this top-tier ecosystem.