MEXC

As of · Methodology v0.1.1

Shadow mode is active during the initial calibration window. The composite score and band assignment will publish once sufficient peer baseline history has accumulated. Dimension and metric scores are live.

D1 Volume authenticity weight 30%
82.8
Trade size distribution · Volume-to-order-book ratio · Trade interval entropy

Volume patterns are largely consistent with the peer-basket reference. One or two metrics sit at the edge of the typical range without crossing into atypical territory.

Trade size distribution, volume-to-depth ratio, and arrival timing all sit close to the peer-basket reference. No individual metric is in the atypical zone.

M01
Trade size distribution (Benford-adjusted)
0.0521
79.4

Typical

See methodology entry for M01 → for full inputs, formula, and score mapping.

Status: ok · Coverage: 100.0%

M01
Trade size distribution (Benford-adjusted)
0.0055
97.8

Atypical · High

See methodology entry for M01 → for full inputs, formula, and score mapping.

Status: ok · Coverage: 100.0%

M02
Volume-to-order-book-depth ratio
31.8
80.0

Typical

See methodology entry for M02 → for full inputs, formula, and score mapping.

Status: ok · Coverage: 99.3%

M02
Volume-to-order-book-depth ratio
41.8
80.0

Typical

See methodology entry for M02 → for full inputs, formula, and score mapping.

Status: ok · Coverage: 99.3%

M03
Trade interval entropy
1
79.9

Typical

See methodology entry for M03 → for full inputs, formula, and score mapping.

Status: ok · Coverage: 100.0%

M03
Trade interval entropy
1.01
79.7

Typical

See methodology entry for M03 → for full inputs, formula, and score mapping.

Status: ok · Coverage: 100.0%

D2 Order book quality weight 25%
99.5
Effective spread · Order book slope · Quote stability and update rate

Effective spread, depth-at-size, and quote stability all sit near the best of the peer basket. Execution costs at standard sizes are tight relative to reference venues.

Effective spread, depth-at-size, and quote stability all sit near the best of the peer basket. Execution costs at standard sizes are tight relative to reference venues.

M04
Effective spread
-0.433
100.0

Typical

See methodology entry for M04 → for full inputs, formula, and score mapping.

Status: ok · Coverage: 99.3%

M04
Effective spread
-1.1
100.0

Typical

See methodology entry for M04 → for full inputs, formula, and score mapping.

Status: ok · Coverage: 99.3%

M05
Order book slope (Kyle's λ proxy)
0.656
99.3

Typical

See methodology entry for M05 → for full inputs, formula, and score mapping.

Status: ok · Coverage: 99.3%

M05
Order book slope (Kyle's λ proxy)
1.23
98.8

Typical

See methodology entry for M05 → for full inputs, formula, and score mapping.

Status: ok · Coverage: 99.3%

M06
Quote stability and flickering
—
—

See methodology entry for M06 → for full inputs, formula, and score mapping.

Status: insufficient_data · Coverage: 0.0%

M06
Quote stability and flickering
—
—

See methodology entry for M06 → for full inputs, formula, and score mapping.

Status: insufficient_data · Coverage: 0.0%

D3 Price formation integrity weight 25%
87.9
Cross-venue price deviation · Mid-price reversion dynamics · Funding rate / basis sanity (deferred — v2)

Mid-price tracks the global market closely and impact dynamics on large trades match the reference pattern. Both metrics in this dimension sit near the best of the peer basket.

Mid-price tracks the global market closely and impact dynamics on large trades match the reference pattern. Both metrics in this dimension sit near the best of the peer basket.

M07
Cross-venue price deviation
4.6
81.6

Typical

See methodology entry for M07 → for full inputs, formula, and score mapping.

Status: ok · Coverage: 99.3%

M07
Cross-venue price deviation
4.84
80.6

Typical

See methodology entry for M07 → for full inputs, formula, and score mapping.

Status: ok · Coverage: 99.3%

M08
Mid-price reversion dynamics
0.335
93.3

Typical

See methodology entry for M08 → for full inputs, formula, and score mapping.

Status: ok · Coverage: 100.0%

M08
Mid-price reversion dynamics
0.188
96.2

Typical

See methodology entry for M08 → for full inputs, formula, and score mapping.

Status: ok · Coverage: 100.0%

D4 Cross-venue consistency weight 20%
83.2
Volume share vs liquidity share · Price leadership

Volume share is proportional to liquidity share, and the venue contributes meaningfully to price discovery. Both cross-venue metrics sit near the best of the peer basket.

Volume and liquidity shares are broadly in proportion across the peer basket; price-discovery contribution is in line with the venue's size. The dimension sits in the upper half of the peer range.

M10
Volume share vs liquidity share
1.93
73.8

Typical

See methodology entry for M10 → for full inputs, formula, and score mapping.

Status: ok · Coverage: 99.3%

M10
Volume share vs liquidity share
2.72
62.6

Typical

See methodology entry for M10 → for full inputs, formula, and score mapping.

Status: ok · Coverage: 99.3%

M11
Price leadership / discovery contribution
0.0905
98.2

Typical

See methodology entry for M11 → for full inputs, formula, and score mapping.

Status: ok · Coverage: 99.2%

M11
Price leadership / discovery contribution
0.0799
98.4

Typical

See methodology entry for M11 → for full inputs, formula, and score mapping.

Status: ok · Coverage: 99.2%