๐ #CoinRank Daily Insights & Analysis
๐ Crypto Market Soars in December!
๐ DEX Trading Volume: Record-breaking $320.5B, led by:
โข ๐ฅ Uniswap: $103B+
โข ๐ฅ Pancakeswap: $72B
โข ๐ฅ Raydium: $54.6B
๐น CEX Spot Volume: Highest since May 2021, hitting $2.78T.
โข Binance dominates with $950B.
๐ Key Drivers:
1๏ธโฃ Innovative assets (e.g., AI tokens) on DEXs.
2๏ธโฃ Growing DeFi trust.
3๏ธโฃ Improved liquidity & tools on CEXs.
4๏ธโฃ Increased market volatility.
๐ Takeaway: DEXs & CEXs are shaping a more diverse crypto market, offering both competition and collaboration for future growth.
