According to the CCData analytical platform, trading volumes on centralized cryptocurrency exchanges reached $3.81 trillion last month. This is the maximum since September 2022.
Trading volumes on the spot market amounted to $1.04 trillion, an increase of 10.8% in March. At the same time, the indicator has been growing for the third month in a row, and the most successful month in terms of trading volume was mid-March.
The derivatives market immediately grew by 32.6% and amounted to $2.77 trillion. Cryptocurrency derivatives now account for a record 72.7% of trading volume, up from just 69% in February.