ExtendedApp v3 has released a detailed analysis of slippage rates for Bitcoin (BTC) and Ethereum (ETH) market orders, following community feedback on previous assessments. The study, conducted from December 17 to December 20, involved measuring slippage every 30 seconds across $10k, $100k, $500k, and $1M order sizes on platforms HyperliquidX, Lighter_xyz, and ExtendedApp, totaling 8,892 snapshots.
The findings indicate that ExtendedApp offers slightly lower slippage for BTC orders under $100k compared to its competitors. However, HyperliquidX provides better liquidity for larger $500k and $1M orders, with ExtendedApp and Lighter_xyz performing similarly. For ETH, slippage rates are comparable across all platforms and order sizes. The full dataset is available for review, and future analyses will include major altcoins.
ExtendedApp v3 Shows Competitive Slippage Rates in Latest Liquidity Analysis
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