DEX market share reaches ATH as CEXs face shrinking volume
Summary
DEX trading volume has reached a record high compared to CEX. Uniswap founder Hayden Adams highlighted this trend, supported by data from The Block and CoinGecko. DEX trading volumes have been rising, while spot trading volume on centralized exchanges has declined. Uniswap leads the DEX market, with new entrants like Thruster and Aerodrome also growing. Binance remains the top centralized exchange despite a decline in spot trading volume. This trend is attributed to a bullish market, institutional interest, and political factors.
