DEX market share soars to record high, overtaking CEX
Decentralised exchanges (DEX) have reached an all-time high in market share relative to centralised exchanges (CEX), according to The Block's data dashboard. The data shows that DEX's monthly trading volume relative to CEX has reached an all-time high of 14.22 per cent, with the previous high occurring in May 2023 at 13.7 per cent. Year-to-date in early July, DEX volume now stands at $139.67bn, with Uniswap having the highest monthly volume at $48.52bn and Raydium in second place at $27.78bn.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Trump Leads Harris by One Point in New York Times-Siena College National Poll
In the past 4 hours, the whole network burst $11.6936 million, mainly long orders burst
Bitcoin Network Transaction Fees Fall Back, High-Priority Tentatively Reported at 3 Sat/byte
Solana on-chain NFT sales total over $5.819 billion
