CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

Moralis Money
The Defiant 2025-04-10 09:30:16

Trading Volumes Plunge Across Crypto Exchanges in March

In March, trading volumes across both centralized exchanges (CEX) and decentralized exchanges (DEX) experienced a significant decline amid macroeconomic turmoil. DEX trading volume dropped 35% to $242 billion in March from $373 billion in February, marking the lowest level since October, according to DeFiLlama. The majority of March’s trading volume came from platforms like Uniswap, PancakeSwap, and Orca. Meanwhile, combined spot and derivatives trading volume on CEXs fell by 6.24%, reaching $6.79 trillion, also the lowest since October. Specifically, spot trading fell 14.1% to $1.98 trillion, and derivatives fell 2.56% to $4.81 trillion, according to a new report by CoinDesk. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

https://www.digistore24.com/redir/325658/ceobig/
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.