在比特幣飆升的帶動下，加密貨幣交易量飆升至歷史新高

2023 年 3 月，在比特幣飆升至新高的推動下，CEX 加密貨幣交易量創下 9.12 兆美元的歷史新高。現貨交易佔據主導地位，達到 2.94 兆美元，而加密貨幣衍生性商品交易量飆升至 6.18 兆美元。然而，隨著現貨交易的青睞，衍生性商品的市佔率有所下降。幣安成為最大的交易所，分別佔現貨和衍生性商品交易的 38% 和 47%。

Cryptocurrency Trading Volume Soars to All-Time High, Led by Bitcoin's Ascent

在比特幣上漲的帶動下，加密貨幣交易量飆升至歷史新高

The cryptocurrency market witnessed a surge in trading activity in March, driven by the relentless rise of Bitcoin, the world's most valuable digital currency. According to a comprehensive report released by CCData on Thursday, centralized exchanges (CEXs) recorded a staggering $9.12 trillion in trading volume, marking an all-time high for the industry.

在全球最有價值的數位貨幣比特幣的持續上漲推動下，3月加密貨幣市場的交易活動激增。 CCData週四發布的綜合報告顯示，中心化交易所（CEX）的交易量達到驚人的9.12兆美元，創下產業歷史新高。

Bitcoin's Dominance Propels Trading Volume

比特幣的主導地位推動了交易量

Bitcoin's ascent to a record high of $73,737.94 in March fueled a multitude of market narratives, including a resurgence of interest in artificial intelligence (AI)-related coins, the resurgence of meme coins on Solana and Base networks, and the rise of real-world asset tokens. This broad-based enthusiasm ignited a frenzy of trading activity, with spot traders dominating the market as they sought to capitalize on the favorable price momentum.

比特幣在3 月升至73,737.94 美元的歷史新高，引發了多種市場敘事，包括人們對人工智慧(AI) 相關貨幣的興趣重新燃起、Solana 和Base 網路上meme 貨幣的複蘇，以及現實世界的崛起資產代幣。這種廣泛的熱情引發了交易活動的狂熱，現貨交易商在尋求利用有利的價格動能時主導了市場。

Spot trading on centralized exchanges surged by an impressive 108% to $2.94 trillion, reaching levels last seen during the bull market of the first and second quarters of 2021. Crypto derivatives, which allow traders to speculate on the future price of cryptocurrencies, also experienced a significant boost, with trading volume climbing by 86.5% to $6.18 trillion, an all-time high for the sector.

中心化交易所的現貨交易猛增 108%，達到 2.94 兆美元，達到 2021 年第一季和第二季牛市期間的水平。允許交易者推測加密貨幣未來價格的加密貨幣衍生品也經歷了顯著提振，交易量攀升86.5% 至6.18 兆美元，創該產業歷史新高。

Derivatives Market Loses Ground to Spot Trading

衍生性商品市場因現貨交易而失勢

Despite the surge in derivatives trading volume, CCData's report reveals a notable trend: speculative derivatives products have been steadily losing market share to the spot market for the past six consecutive months. Derivatives, once accounting for a majority of the crypto market, now represent 67.8% of the total. This shift indicates a growing preference among traders for outright ownership of cryptocurrencies rather than engaging in speculative trading.

儘管衍生性商品交易量激增，但CCData的報告揭示了一個值得注意的趨勢：投機性衍生性商品產品的市場份額在過去連續六個月一直在穩步輸給現貨市場。衍生性商品曾經佔據加密貨幣市場的大部分，現在佔總量的 67.8%。這種轉變表明交易者越來越傾向於完全擁有加密貨幣，而不是從事投機交易。

Binance Emerges as Dominant Exchange

幣安成為主導交易所

Among the numerous exchanges tracked by CCData's API, Binance emerged as the clear leader in terms of trading volume. The platform accounted for an impressive 38% of total spot trading and 47% of derivatives trading, demonstrating its resilience amidst regulatory challenges and internal turmoil.

在 CCData API 追蹤的眾多交易所中，幣安在交易量方面明顯領先。該平台佔現貨交易總量的 38% 和衍生性商品交易總量的 47%，令人印象深刻，展現了其在監管挑戰和內部動盪中的韌性。

Binance's dominance further underscores the company's ability to adapt to evolving market conditions and maintain its position as the industry's leading exchange. Despite facing potential legal action and executive battles in Nigeria, Binance continues to attract a significant portion of the crypto trading volume, highlighting its enduring appeal among traders.

幣安的主導地位進一步凸顯了該公司適應不斷變化的市場條件並保持其行業領先交易所地位的能力。儘管在奈及利亞面臨潛在的法律訴訟和行政訴訟，幣安仍然吸引了很大一部分加密貨幣交易量，凸顯了對交易者的持久吸引力。

Other Notable Insights

其他值得注意的見解

CCData's report also sheds light on several other key trends in the cryptocurrency market:

CCData 的報告也揭示了加密貨幣市場的其他幾個主要趨勢：

• Open interest in derivatives exchanges increased to $72.4 billion, indicating a growing interest in hedging and speculating on the future price of cryptocurrencies.
• CME trading volume surged by a substantial 60.6% to $155 billion, signaling increased institutional involvement in the crypto market.
• Decentralized exchange (DEX) trading volume also experienced a significant increase, highlighting the growing popularity of non-custodial trading platforms.

The cryptocurrency market's remarkable surge in trading volume in March is a testament to the growing maturity and institutional adoption of the asset class. As Bitcoin continues to gain mainstream acceptance and new narratives emerge, the crypto market is poised for further growth and innovation.

衍生性商品交易所的未平倉合約增加至724 億美元，顯示人們對加密貨幣未來價格進行對沖和投機的興趣日益濃厚。CME 交易量大幅飆升60.6% 至1550 億美元，顯示機構對加密貨幣市場的參與度有所增加。去中心化交易所（ DEX）交易量也出現了顯著增長，凸顯了非託管交易平台的日益普及。3月份加密貨幣市場交易量的顯著激增證明了該資產類別的日益成熟和機構採用。隨著比特幣繼續獲得主流接受以及新的敘事方式的出現，加密貨幣市場有望進一步成長和創新。