CEX Data Report in Mar: Both Spot and Derivatives Volumes Rose Sharply
Data compiled by the WuBlockchain shows that: Spot trading volumes on major exchanges rose by 9.6% month-over-month in March. The top three increases were Gate +117%, Bybit +113% and Bitfinex +61%. The bottom three were Upbit -15%, Binance +3% and KuCoin +6%. Derivatives volume on major exchanges rose 46.8% month-over-month in March. The top three increases were Bitfinex +123%, Deribit +112% and Gate +66%. The bottom three were Crypto.com -5%, Bitget +21% and Kucoin +28%. Website traffic to the major exchanges rose 13% month-over-month in March. The top three increases were Mexc +81%, Gate +64% and Bybit +35%. The bottom three were Huobi -22%, BitMart -18%, and Bitfinex -1%. Note: The following data may be subject to serious concerns of wash trading/bot activities. Spot and derivatives data are from Coingecko, while traffic data is from Similarweb. Follow us Wu Blockchain is free today. But if you enjoyed this post, you can tell Wu Blockchain that their writing is valuable by pledging a future subscription. You won't be charged unless they enable payments. |
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