In short: Trading momentum remained robust throughout the week, characterized by reliable volume levels and significant order executions across primary pairs.
A cumulative $57.8M in trading volume was recorded for the week, covering both stablecoin channels and major assets. Substantial transactions continued to drive market action, with the highest individual trades peaking at $738K on USDC-USDT and $552K on BTC routes. Underlying flows across the markets stayed consistent, supported by steady mid-tier trade sizes and interspersed with occasional larger blocks.
Our RFQ engine remains a vital hub for substantial capital flows throughout the decentralized finance sector. We are observing persistent and robust activity, specifically within the Ethereum ecosystem.
Over the course of the week, 1,659 separate traders were routed to Hashflow to leverage our deep liquidity and price guarantees. Regarding transaction size, 5% of the total trades matched by the Hashflow RFQ system were valued at $500K or more.
Here is your weekly overview of market movements and current developments within the Hashflow ecosystem.
Over the course of the week, total trading volume amounted to $56.7M. Most of this activity occurred during the initial part of the period, with daily volume reaching a high of $15.6M on Feb 25. Following this peak, numbers gradually decreased leading into the weekend, falling to $1.7M on Mar 1.
When looking at specific trading pairs, sizes held steady. The median trade size for USDC–USDT was $5.0k, while the largest 5% of trades hit $500.7k. In comparison, ETH–USDC/USDT transactions were generally smaller, posting a median of $1.5k and reaching $50.0k at the 95th percentile. The BTC–USDC/USDT pair sat in the middle regarding typical transaction size with a median of $3.9k, though it climbed significantly higher at the upper range to reach $324.7k at the 95th percentile.
Updates from Hashflow Volume for the Week: $56,652,457.12