The Block Research data shows that in November 2024, the trading volume of decentralized exchanges (DEX) will exceed $300 billion, surpassing the historical high of $260 billion set in May 2021. The proportion of DEX in the overall cryptocurrency trading volume has increased from 9.3% at the beginning of 2024 to 11%. In addition, at the Emergence conference, Bitget CEO Gracy Chen revealed that Bitget is considering entering the U.S. market through a joint venture. Deribit CEO Luuk Strijers expressed doubts about the sustainability of many platforms, believing that under regulatory pressure, a large number of platforms will exit the market due to high operational costs or being shut down by regulatory authorities. (TheBlock)