Dunamu, the operator of the virtual asset exchange Upbit, has expanded the order book range displayed on the trading screen from the previous 15 levels to 30 levels.
On May 9, Dunamu announced that as of 3:00 p.m. on May 7, it had significantly expanded the order book range to 30 levels.
With this expansion, Upbit users can now check liquidity based on a greater amount of order book information and gain a deeper understanding of the overall market depth.
In particular, when submitting large orders, users can now identify a wider range of expected execution prices, making it easier to manage slippage.
Slippage refers to the difference between the intended price and the actual execution price when placing buy or sell orders.
This update only changes the number of displayed order book levels; the order execution method and the tick size remain the same as before.
A Dunamu representative stated, "We expanded the order book display range so that investors can check liquidity and make more informed decisions based on more information," adding, "With more order book data, users can more clearly identify where liquidity is holding in the market and where it is heading."
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