What is Depth Merger?
Depth merger refers to merging the orders in the market with different precision so that users can better observe the market. For instance, if the order is a limit order, the depth of the merger will not affect the transaction price of the order, and the transaction will eventually be executed at the actual setting price.
Rules of Depth Merger :
Buying price: rounding processing (0.123456, if 5 decimal places are reserved, rounding processing is 0.12345)
Selling price: carry processing (0.123456, if 5 decimal places are reserved, carry processing is 0.12346)
Quantity: combined up and down
Take an example: Taking the CET/USDT market as an example, the depth selected in the picture on the left is displayed with 6 decimal points (ie 0.00001). In the buying order, the quantity of the first buying place is 7.0201 CET at a price of 0.007900, and the second place is 1000 CET at a price of 0.007897.
When the 5 decimal point is selected in the picture on the right (ie 0.0001), the price will be displayed in 5 decimal places according to the rounding rule, which is 0.00790. If the quantity of these two orders is similar, it will be combined and displayed in accordance with the rules of combined quantity up and down. If the order is executed, it will eventually be executed at the actual setting price.