MEXC recorded the highest order book liquidity at the market price for both SOL and DOGE among the exchanges studied in CoinGecko Research's 2026 Crypto Liquidity on CEXes Report. The study measured order book depth for the top five non-stablecoin assets — BTC, ETH, XRP, SOL and DOGE — across eight exchanges over a 60-day period from July 6 to September 3, 2026. Depth measured at the market price and at set intervals around it shows not only how much liquidity sits where trades are most likely to execute, but also how far usable order book support extends from the touch.

SOL Liquidity More Evenly Spread, With MEXC at the Top

CoinGecko found that SOL liquidity was distributed more evenly across exchanges in 2026 than in the previous year. Within this more competitive landscape, MEXC recorded approximately $934,000 in SOL order book liquidity at the market price, the highest figure among the eight venues studied.

The report also observed that SOL liquidity became more distributed across exchanges even as overall liquidity declined from 2025 levels. Beyond the immediate market price, other venues gained depth, with Bitget and Coinbase overtaking MEXC past the ±$0.20 range — a sign that competitive depth among venues now extends deeper into the order book, not only at the touch.

MEXC Leads DOGE Liquidity at the Market Price and Further Out

For DOGE, MEXC recorded more than $443,000 in order book liquidity at the market price, again the highest among the exchanges studied. Only Binance, MEXC and OKX exceeded $200,000 at this level.

Further from the market price, MEXC regained the lead past the ±$0.0006 (0.3%) range, surpassing Binance and Bitget. Its liquidity then leveled off beyond the ±1% interval at roughly $2 million on each side of the order book. Depth that holds at these wider intervals points to support for larger orders that trade away from the top of the book.

Depth Held During Market Shifts

The report also examined DOGE liquidity around individual market events. On August 21, as DOGE market depth shifted alongside broader price movements, MEXC remained among the venues showing substantial depth across the order book. The report's observations further found that MEXC traders placed larger block orders around key price levels during subsequent DOGE price movements. Event-level snapshots like these offer a view of how exchange depth behaves when prices move, not only in calmer conditions.

"For retail traders, liquidity is fundamental to market quality. It determines execution efficiency, price stability and the ability to enter or exit positions with confidence," said Vugar Usi Zade, CEO of MEXC. "Deep liquidity is therefore central to how MEXC lowers barriers to trading and provides more efficient access to global market opportunities."

Taken together, the findings show MEXC maintaining strong liquidity close to the market price for both SOL and DOGE, while its DOGE depth also extends further into the order book. For traders, deeper liquidity can support more efficient execution by allowing orders to be absorbed with less impact on market prices.

Looking ahead, MEXC said it will continue to strengthen market depth and execution quality as part of its broader effort to provide users with a more efficient trading experience under its "Infinite Opportunities" vision. Because the report shows venue rankings shifting year over year in SOL and event by event in DOGE, subsequent CoinGecko research and live order book data are the reference points for tracking whether the current distribution holds.

About MEXC

Founded in 2018, MEXC is a global multi-asset trading platform positioned as a 0-fee gateway to what it describes as infinite opportunities. Serving users across 170+ markets, the company provides access to crypto, stocks, tokenized assets, derivatives, and a growing range of TradFi-linked opportunities through a single account and gateway. With zero trading fees, deep liquidity, broad asset coverage and a high-performance trading experience, MEXC targets retail users seeking earlier discovery, faster execution and fewer barriers to trading. As crypto and traditional finance continue to converge, the company says it is committed to making global opportunities more accessible.

Media inquiries may be directed to the MEXC PR team at media@mexc.com. The full press release is available on MEXC's official blog.

Source: Metaverse Post and CoinGecko Research's 2026 Crypto Liquidity on CEXes Report. This article is for informational purposes only and does not constitute investment advice. Investors should carefully assess market conditions and potential risks before making any investment or trading decisions.