KuCoin has been ranked among the top three exchanges for Ethereum spot execution quality in TokenInsight's July 2026 Crypto Exchange Liquidity Report, according to the exchange. The ranking is based on execution benchmarks measuring how efficiently large orders can be filled without significantly moving the market price.

The report found that a simulated $100,000 ETH sell order on KuCoin experienced a median slippage of just 0.019%, with a 90th-percentile (P90) slippage of 0.030%. Slippage measures the difference between the expected price of a trade and the price at which it actually executes — lower figures indicate deeper liquidity and tighter spreads, which matter most to traders moving larger sums.

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Why Execution Quality Matters

For active and institutional traders, execution quality can matter as much as headline trading fees, since poor slippage on large orders can erode returns even when nominal fees are low. A top-three ranking from an independent research firm gives KuCoin a data point it can point to when competing for higher-volume traders who route orders based on measured execution costs rather than marketing claims alone.

Liquidity benchmarking reports like TokenInsight's have become a common reference point in the exchange industry, as trading venues increasingly compete on verifiable execution metrics for major assets like ETH, alongside more traditional levers such as fee discounts and token listings.