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Analysis: DEX trading volume has increased by 50% in the last 30 days, setting a new record for DEX/CEX spot trading volume

Analysis: DEX trading volume has increased by 50% in the last 30 days, setting a new record for DEX/CEX spot trading volume

Bitget2024/11/04 09:00

The founder of the encryption analysis platform DYOR, Hitesh Malviya (@hmalviya9), shared The Block data on X and stated that DEX trading volume has increased by 50% in the past 30 days. The DEX/CEX spot trading volume indicator also jumped from 10% to 22.53% within three months, setting a new historical high.
Note: This indicator represents the ratio of decentralized exchange to centralized exchange spot trading volumes.

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.
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