译文/Translated：
文：产品总监Mark Woods
最近，我们在交易所推出了BTC/USD震荡区间流量池。本次升级取得了很好的效果。现在，Bullish在BTC/USD市场上的流量池是最深的，比世界上任何一个流量池都深。
以上数据来自我们的一个内部研究，研究中我们查阅了截至2022年5月8日，Coinbase和币安的公开数据。我们发布BTC/USD震荡区间流量池之后，Coinbase的BTC/USD和币安的BTC/USDT市场就包含了Bullish数据。
破纪录的速度和交易量
这还没结束。我们推出BTC/USD震荡区间流量池之后，24小时交易量几乎达到了20亿美元，这也打破了纪录。Bullish因此成为BTC/USD市场世界排名前五的交易所。
破纪录的24小时交易量
按日交易量来看，Bullish越过好几个业内前辈。跻身发展最快的加密货币交易所行列。
流量为什么重要？
交易所成功与否的主要决定因素是其市场的流量。流量越大，在现有市场价格产生的出价和报价就越多——这样就能增加稳定性、减少波动、给交易者带来更好的价格。现在很明显，流量最大的BTC/USD市场就在Bullish。这就意味着，有最佳执行要求的机构客户可以自信地使用Bullish——我们可以进行规模化交易、价格更好、风险更低、而且交易都在合法合规的框架中进行。
机构订单的最佳场所
假定BTC价格为3万美元，上面的数据并不包括诸如交易佣金和出价/报价价差在内的额外预期费用。
最后，这个变化让我们的客户更容易获得利润。简单来说，流量更大=交易量更大。而交易量更大=Bullish流量池参与者的收益更大。
接下来呢？
我们还在继续努力，为交易者提供更大的市场深度，为流量池参与度提供更好的资本效率，我们也会相继给其它市场推出震荡区间流量池。未来几个月，我们会不断为我们的流量池技术进行创新，带来更高效、更个性化的流量池。
请关注我们。这还只是开始而已。
原文/Original：
By Mark Woods, Head of Product
We recently introduced range-bound liquidity pools for the BTC/USD trading pair on our exchange. Since releasing this upgrade, we’ve seen some exciting results. Bullish now offers the deepest liquidity for the BTC/USD market, deeper than any other exchange in the world.
Record volumes at a record pace
There’s more. Just one week after launching our BTC/USD range-bound liquidity pool, we saw record 24-hour trading volumes of almost $2 billion, making Bullish a top five exchange in the world by volume for the BTC/USD market.
24-hr volume record
Based on daily volumes, Bullish is one of the fastest growing cryptocurrency exchanges, leapfrogging several of our more established peers.
Why does liquidity matter?
The primary determinant of an exchange’s success is the liquidity of its markets. Greater liquidity means more bids and offers generated around the current market price—increasing stability, reducing volatility, and delivering best pricing to traders. And it’s now clear that the deepest, most liquid BTC/USD market lives on Bullish. This means institutional customers with a best execution mandate can use Bullish confidently—trading at scale, with better pricing and lower risk, all within a regulated market environment.
Bullish is the best venue for institutional orders
The figures above are exclusive of additional expected fees such as exchange commissions and bid/offer spread, assuming a $30,000 BTC price.
Finally, this change is enhancing the ability for our customers to earn. Simply put, more liquidity = more trading volume. And more trading volume = higher yield for Bullish Liquidity Pool participants.
What’s next?
As we focus our attention on maximizing market depth for traders and capital efficiency for liquidity pool participants, we will begin rolling out range-bound liquidity pools across other markets. And in the coming months, we’ll continue innovating on our liquidity pool technology to create increasingly efficient and customizable liquidity pools.
Stay tuned. This is just the beginning.
原文链接/Original URL:
Bullish offers world’s deepest liquidity for BTC/USD | Bullish
