đ DEXes Hit Record 14.22% Market Share vs. CEXes! đ
In a groundbreaking shift for the crypto landscape, decentralized exchanges (DEX) have soared to claim 14.22% of the monthly trading volume compared to centralized exchanges (CEX). This significant leap marks a new high in #DEX market share, signaling a robust trend towards decentralized trading platforms. đđȘ
As the crypto community increasingly values transparency, security, and user autonomy, DEXes are stepping up to the plate, offering innovative solutions that empower traders. đđĄ
With Uniswap leading the charge at 48% market dominance among DEXes, the space is also seeing new entrants like Thruster and Aerodrome making waves. đ
On the flip side, centralized exchanges saw a 12.2% drop in spot trading volume, with a total of $3.4 trillion for the quarter. đ
As the #crypto market evolves, it's clear that the tide is turning towards decentralization. đđ