DEX Trading Volumes Surge as CEXes Face Challenges

DEX Trading Volumes Surge as CEXes Face Challenges
This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.

In June, decentralized exchanges (DEX) saw record-high trading volumes, while centralized exchanges (CEX) struggled with flat growth. PancakeSwap led the charge, capturing 42% of the DEX market share. Hybrid CeDeFi platforms are narrowing the gap between centralized and decentralized trading.

  • PancakeSwap's market share surged from 16% to 42% in June due to Alpha trading and the Infinity upgrade.
  • Hybrid CeDeFi platforms combine CEX liquidity with on-chain settlement, offering low slippage and MEV protection.
  • DEX volumes doubled in a year, while CEX volumes remained flat, signaling a shift in trader preferences.
Notifications 0