Odaily Planet Daily News 🌟 In November, the trading volume of decentralized exchanges (DEX) soared to $300 billion, surpassing the peak of $260 billion in May 2021! The trading volume ratio between DEX and centralized exchanges (CEX) continues to rise, reaching 11% in November, far higher than the 0.04% at the beginning of 2020. This shows that market interest in decentralized trading is growing. 📈
However, Deribit CEO Luuk Strijers pointed out that with the strengthening of global regulatory frameworks, many platforms may face survival challenges. He believes that regulatory pressure may lead some platforms to exit the market due to high operational costs or being shut down directly. 🔍
Nevertheless, Bitcoin remains optimistic amid this wave, continuing to attract the attention of investors. 💪