DEX交易量大幅下滑，市場調整引發擔憂

DEX Trading Slump: A Cause for Concern?

DEX 交易暴跌：值得擔憂嗎？

Decentralized exchanges (DEX) have been hit with a trading volume drop of 24.5% over the past week, according to data from DefiLlama. Among the top 10 blockchains by traded volume, Polygon's 40% slump stands out as the most significant, followed closely by Avalanche's 39.5% decline.

根據 DefiLlama 的數據，過去一週去中心化交易所 (DEX) 的交易量下降了 24.5%。在交易量排名前十的區塊鏈中，Polygon 的 40% 跌幅最為顯著，緊隨其後的是 Avalanche 的 39.5% 跌幅。

Solana: A Victim of the Meme Coin Mania?

Solana：模因幣狂熱的受害者？

Even Solana, the blockchain beloved by meme coin enthusiasts, couldn't escape the trading volume downturn, experiencing a notable 20% slide. Base, on the other hand, bucked the trend with a 64% surge, driven by its own "meme coin mania." Starknet also saw a positive weekly variation, with 28% more activity in its DEXes.

即使是 Meme 幣愛好者喜愛的區塊鏈 Solana 也未能逃脫交易量下滑的影響，出現了 20% 的顯著下滑。另一方面，在其自身的「迷因幣狂熱」的推動下，Base 逆勢飆升 64%。 Starknet 的每週變化也呈正值，其 DEX 活動增加了 28%。

A Market Pullback or a Healthy Correction?

市場回檔還是健康調整？

Tristan Frizza, founder of decentralized platform Zeta Markets, suggests that the trading volume downturn could be tied to last week's price pullback. "Such retractions in the market tend to disproportionately affect memecoins and altcoins, leading to a significant reduction in trading activities for these types of cryptos," Frizza explains.

去中心化平台 Zeta Markets 的創辦人 Tristan Frizza 表示，交易量下降可能與上週的價格回檔有關。 Frizza 解釋道：“市場上的此類撤回往往會對模因幣和山寨幣產生不成比例的影響，導致這些類型的加密貨幣的交易活動大幅減少。”

Is This a Return to Rationality?

這是回歸理性嗎？

Moreover, Frizza believes that this market movement could be a healthy adjustment to the market euphoria that has prevailed in recent weeks. From March 9 to 15, weekly trading volume reached $73.6 billion, marking the highest weekly volume ever recorded on-chain.

此外，弗里札認為，這個市場走勢可能是對最近幾週盛行的市場樂觀情緒的健康調整。 3 月 9 日至 15 日，每週交易量達到 736 億美元，創下鏈上有史以來最高的每週交易量。

The Bottom Line: A Temporary Blip or a Sign of Trouble?

底線：暫時的現象還是麻煩的跡象？

It remains to be seen whether the trading volume slump is a temporary blip or a sign of a broader market correction. However, the divergence in performance between meme coin-centric blockchains and those with more institutional support suggests that investors may be becoming more discerning in their trading decisions.

交易量下滑是暫時現象還是更廣泛市場調整的跡象，還有待觀察。然而，以模因幣為中心的區塊鏈與擁有更多機構支持的區塊鏈之間的表現差異表明，投資者在交易決策中可能變得更加敏銳。

Disclaimer: This article is for informational purposes only and should not be construed as investment advice.

免責聲明：本文僅供參考，不應視為投資建議。