Gate.io Leads in L1 Depth Across 7 Spot Pairs

Gate.io has secured the top position in L1 depth for seven spot trading pairs and led in 15 out of 30 pairs with a 1% price range, according to CoinGecko's analysis covering orders from August 25 to September 7, 2026. The analysis evaluated major spot pairs based on order book depth within a 1% price range, alongside trading volume and spreads for liquidity assessment.

Among the top pairs where Gate.io led in L1 depth were Bitcoin (BTC) at 27.3%, Ethereum (ETH) at 37.5%, XRP at 39.2%, Binance Coin (BNB) at 40.4%, Dogecoin (DOGE) at 35.6%, NEAR Protocol (NEAR) at 42.19%, and USD1 at 38.07%. L1 depth refers to the order book thickness closest to the current market price, indicating the volume of pending orders around the prevailing rate.

For a 1% price range, Gate.io maintained leadership across 15 out of 30 pairs, with 28 pairs ranking among the top two platforms. While L1 depth measures immediate order book thickness, the 1% range assesses orders within one percent of the current price. Major assets like Bitcoin, Ethereum, XRP, and Dogecoin retained leadership in spot L1 depth throughout the period.

CoinGecko noted that while trading volume reflects actual executed orders, order book depth measures pending orders around the market price to assess execution conditions and potential slippage for large trades. The analysis highlights Gate.io's competitive position in liquidity metrics but emphasizes that actual trade outcomes depend on market conditions and order size.