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.