Deep Tide TechFlow news, on December 30, according to The Block, the monthly trading volume of decentralized exchanges (DEX) in December 2024 surpassed the $300 billion mark for the first time, reaching a historical high of $320.5 billion. Uniswap ranked first with over $103 billion in trading volume, followed by PancakeSwap and Raydium with $72 billion and $54.6 billion respectively.
During the same period, the spot trading volume of centralized exchanges (CEX) reached $2.78 trillion, a new high since May 2021, with Binance contributing nearly $950 billion in trading volume. Presto Research analyst Min Jung stated that the currently popular AI tokens are primarily traded on DEX, and project teams are becoming less dependent on listing on CEX.