Binance Futures Surpasses BitMEX In Bitcoin Perpetual Futures Liquidity


Source: coincodex.com coincodex.com

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The landscape of the cryptocurrency derivatives market has changed significantly after US authorities took legal action against BitMEX earlier in October. Skew Analytics, a platform that aggregates data on cryptocurrency derivatives, noted that Binance Futures has now surpassed BitMEX as the platform with the most liquid perpetual futures contract for Bitcoin . The Bid/Offer spread for $10 million worth of contracts on Binance Futures is now lower than on BitMEX, indicating greater liquidity. Binance overtook BitMEX this month as #bitcoin 's most liquid perpetual swap pic.twitter.com/kCOVWPIDb7 — skew (@skewdotcom) October 29, 2020 BitMEX was surpassed in liquidity by Binance Futures,...