#DEXVolumeRecord In December 2024, decentralized exchanges (DEXs) achieved a record-breaking trading volume, with figures ranging from $320.5 billion to $462 billion, according to various sources.

Uniswap led the market, processing over $100 billion in trades, while PancakeSwap and Solana-based Raydium also contributed significantly.

This surge in DEX activity reflects a growing preference for decentralized platforms, driven by factors such as increased demand for exclusive cryptocurrency listings and a desire for greater control over assets.

Simultaneously, centralized exchanges (CEXs) experienced a notable increase in trading volumes, reaching $2.78 trillion in December—the highest since May 2021.

This trend underscores a broader resurgence in cryptocurrency trading activity, influenced by factors like favorable political developments and renewed investor confidence.

For real-time tracking of DEX trading volumes, platforms like DefiLlama and CoinGecko offer comprehensive analytics and up-to-date data.

These tools provide insights into market dynamics, helping users stay informed about the rapidly evolving DeFi landscape.