#DEX
DEX trading volume explodes, $300 billion milestone shocks the industry, has the era of DEX really arrived?
DEX trading volume hits a new high
Latest data reveals: On December 21, data released by The Block Research shows that decentralized exchanges (DEX) achieved a historic breakthrough in trading volume in November.
Trading volume milestone: Specifically, the trading volume of DEX reached $300 billion, a figure that is not only eye-catching but also surpasses the previous cycle high of $260 billion set in May 2021.
Comparison of DEX and CEX: The trading volume ratio between DEX and centralized exchanges (CEX) continues to rise. In November, this ratio reached 11%, compared to 9.3% at the beginning of 2024 and 0.04% at the beginning of 2020, showing a clear growth trend.