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Nearly 1 in 5 crypto spot trades now happen on DEXs as centralized exchange volume collapses

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Centralized crypto exchanges lost 31.2% of their spot crypto trading volume in July, falling to $727 billion and marking the lowest monthly total since October 2023. Decentralized exchanges also lost volume, but only 9.82%, settling at $176…

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Nearly 1 in 5 crypto spot trades now happen on DEXs as centralized exchange volume collapses
CryptoSlate Press Releases 2h ago

Nearly 1 in 5 crypto spot trades now happen on DEXs as centralized exchange volume collapses

Centralized crypto exchanges lost 31.2% of their spot crypto trading volume in July, falling to $727 billion and marking the lowest monthly total since October 2023. Decentralized exchanges also lost volume, but only 9.82%, settling at $176…