Bullish released March 2026 monthly metrics reporting total trading volume of $60.4 billion, with spot volume of $52.9 billion and average trading spread of 1.86 bps.
Key takeaways
Total trading volume for March 2026 was $60.4 billion, a decrease from $84.1 billion in February 2026.
Spot trading volume was $52.9 billion, with Bitcoin representing $29.1 billion of the total.
Average trading spread narrowed to 1.86 basis points in March from 2.16 basis points in February.
Monthly average volatility for Bitcoin rose to 48% in March, up from 33% in the prior month.
Ethereum volatility decreased to 46% in March, down from 82% in February.
Perpetual trading volume increased to $4.4 billion in March from $3.1 billion in February.