CoinGecko’s Latest Report Reveals Which Exchange Has the Best Prices for Altcoins

CoinGecko published a ‘’ that highlights liquidity as a key driver of trading ease and institutional interest in 2025 crypto markets.

Bitcoin liquidity

With an orderbook depth of roughly $8 million across its buy and sell sides, Binance represented approximately 32% of this liquidity. Bitget ranked next at around $4.6 million, and OKX came in third with just about $3.7 million.

Ethereum liquidity

XRP liquidity

Bitget maintains a rather notable dominance within the +/- $0.006 (around 0.3%) depth range, but its lead quickly diminishes thereafter. By the +/- $0.02 (around 1%) depth range, Binance and Coinbase achieve comparable liquidity levels.

Solana liquidity

Bitget leads with approximately 32% liquidity share, followed by Binance at about 20%. Beyond +/- $1 range, Binance and Crypto.com pick up the slack.

Dogecoin liquidity

Within the +/- 2% depth level, Dogecoin holds approximately $10 million to $12 million in cumulative single-sided liquidity across the eight exchanges surveyed. This represents about half of XRP’s liquidity at that same depth.

In general, when it comes to trading volume, Binance is still at its peak, processing nearly $434 billion in May and surpassing competitors like OKX and Bitget.

In conclusion, it’s interesting to see that while Binance remains the backbone of Bitcoin liquidity, altcoin depth is diversifying, with Bitget and Coinbase rising in importance.