在比特币飙升的带动下，加密货币交易量飙升至历史新高

2023 年 3 月，在比特币飙升至新高的推动下，CEX 加密货币交易量创下 9.12 万亿美元的历史新高。现货交易占据主导地位，达到 2.94 万亿美元，而加密货币衍生品交易量飙升至 6.18 万亿美元。然而，随着现货交易的青睐，衍生品的市场份额有所下降。币安成为最大的交易所，分别占据现货和衍生品交易的 38% 和 47%。

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

在比特币上涨的带动下，加密货币交易量飙升至历史新高

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.

在全球最有价值的数字货币比特币的持续上涨推动下，3月份加密货币市场的交易活动激增。 CCData周四发布的综合报告显示，中心化交易所（CEX）的交易量达到惊人的9.12万亿美元，创下行业历史新高。

Bitcoin's Dominance Propels Trading Volume

比特币的主导地位推动了交易量

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.

比特币在 3 月份升至 73,737.94 美元的历史新高，引发了多种市场叙事，包括人们对人工智能 (AI) 相关货币的兴趣重新燃起、Solana 和 Base 网络上 meme 货币的复苏，以及现实世界的崛起资产代币。这种广泛的热情引发了交易活动的狂热，现货交易商在寻求利用有利的价格势头时主导了市场。

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.

中心化交易所的现货交易猛增 108%，达到 2.94 万亿美元，达到 2021 年第一季度和第二季度牛市期间的水平。允许交易者推测加密货币未来价格的加密货币衍生品也经历了显着提振，交易量攀升 86.5% 至 6.18 万亿美元，创该行业历史新高。

Derivatives Market Loses Ground to Spot Trading

衍生品市场因现货交易而失势

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.

尽管衍生品交易量激增，但CCData的报告揭示了一个值得注意的趋势：投机性衍生品产品的市场份额在过去连续六个月里一直在稳步输给现货市场。衍生品曾经占据加密货币市场的大部分，现在占总量的 67.8%。这种转变表明交易者越来越倾向于完全拥有加密货币，而不是从事投机交易。

Binance Emerges as Dominant Exchange

币安成为主导交易所

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 跟踪的众多交易所中，币安在交易量方面明显领先。该平台占现货交易总量的 38% 和衍生品交易总量的 47%，令人印象深刻，展现了其在监管挑战和内部动荡中的韧性。

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.

币安的主导地位进一步凸显了该公司适应不断变化的市场条件并保持其行业领先交易所地位的能力。尽管在尼日利亚面临潜在的法律诉讼和行政诉讼，币安仍然吸引了很大一部分加密货币交易量，凸显了其对交易者的持久吸引力。

Other Notable Insights

其他值得注意的见解

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

CCData 的报告还揭示了加密货币市场的其他几个主要趋势：

• 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.

衍生品交易所的未平仓合约增加至 724 亿美元，表明人们对加密货币未来价格进行对冲和投机的兴趣日益浓厚。CME 交易量大幅飙升 60.6% 至 1550 亿美元，表明机构对加密货币市场的参与度有所增加。去中心化交易所（ DEX）交易量也出现了显着增长，凸显了非托管交易平台的日益普及。 3月份加密货币市场交易量的显着激增证明了该资产类别的日益成熟和机构采用。随着比特币继续获得主流接受以及新的叙述方式的出现，加密货币市场有望进一步增长和创新。