DEX交易量大幅下滑，市场调整引发担忧

DEX Trading Slump: A Cause for Concern?

DEX 交易暴跌：值得担忧吗？

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.

根据 DefiLlama 的数据，过去一周去中心化交易所 (DEX) 的交易量下降了 24.5%。在交易量排名前十的区块链中，Polygon 的 40% 跌幅最为显着，紧随其后的是 Avalanche 的 39.5% 跌幅。

Solana: A Victim of the Meme Coin Mania?

Solana：模因币狂热的受害者？

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 币爱好者喜爱的区块链 Solana 也未能逃脱交易量下滑的影响，出现了 20% 的显着下滑。另一方面，在其自身的“迷因币狂热”的推动下，Base 逆势飙升 64%。 Starknet 的每周变化也呈正值，其 DEX 活动增加了 28%。

A Market Pullback or a Healthy Correction?

市场回调还是健康调整？

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 的创始人 Tristan Frizza 表示，交易量下降可能与上周的价格回调有关。 Frizza 解释道：“市场上的此类撤回往往会对模因币和山寨币产生不成比例的影响，导致这些类型的加密货币的交易活动大幅减少。”

Is This a Return to Rationality?

这是回归理性吗？

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，弗里扎认为，这一市场走势可能是对最近几周盛行的市场乐观情绪的一次健康调整。 3 月 9 日至 15 日，每周交易量达到 736 亿美元，创下链上有史以来最高的每周交易量。

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

底线：暂时的现象还是麻烦的迹象？

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.

交易量下滑是暂时现象还是更广泛市场调整的迹象，还有待观察。然而，以模因币为中心的区块链与拥有更多机构支持的区块链之间的表现差异表明，投资者在交易决策中可能变得更加敏锐。

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

免责声明：本文仅供参考，不应被视为投资建议。