CoinDeskMarkets March Exchange Report is out


The total CEX spot + derivatives trading volume has dropped another 6.53%, with spot trading falling to the lowest since September 2024.
Friends like me who are hoping to turn things around with a copycat project are feeling the pain.
To make matters worse, everyone’s money has gone into gold for safe-haven, with XAU futures even ranking fifth in derivatives trading volume, and liquidity has been significantly drained.
However, in this environment, @Gate surprisingly defied the trend, achieving the first-ever third place globally in derivatives, with market share rising to 12%.
Actually, retail investors like Uncle prefer exchanges to compete fiercely, since CEX battles will inevitably give benefits to users 👀
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