#Crypto2025Trends

DEFI... hits all-time highs with $4 trillion DEX volumes and $200 billion TVL

Despite record-high decentralized exchange (DEX) trading volumes, both in absolute terms and relative to centralized exchanges (CEX), decentralized finance (DeFi) total value locked (TVL) remains 24% below its peak. We anticipate DEX trading volumes to surpass $4 trillion by 2025, capturing 20% ​​of CEX spot trading volumes, driven by the proliferation of AI-related tokens and new consumer-facing decentralized applications.