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PARAGON DEX CLAIMS $ANSEM TICKER IN HIP-3 AUCTION AS BURN MECHANISM GOES LIVE ⚡ Paragon DEX just locked in the official $ANSEM ticker after bidding 571.98 $HYPE in the HIP-3 auction. 📊 This lands right as the broader framework launches the Z500 index alongside a systematic token burn model. ⚡ When key infrastructure secures strategic tickers while supply-reduction mechanics kick in, volume flows quickly follow the real utility. 💡 The order flow dynamics here show serious smart money positioning. 📌 💬 Do you expect this deflationary burn to trigger a sustained supply squeeze? 👇 ⚠️ Not financial advice. Always manage your risk. 🛡️ 🏷️ #ANSEM #HYPE #DEX #Crypto 🔥 💎
PARAGON DEX CLAIMS $ANSEM TICKER IN HIP-3 AUCTION AS BURN MECHANISM GOES LIVE ⚡

Paragon DEX just locked in the official $ANSEM ticker after bidding 571.98 $HYPE in the HIP-3 auction. 📊 This lands right as the broader framework launches the Z500 index alongside a systematic token burn model. ⚡

When key infrastructure secures strategic tickers while supply-reduction mechanics kick in, volume flows quickly follow the real utility. 💡 The order flow dynamics here show serious smart money positioning. 📌

💬 Do you expect this deflationary burn to trigger a sustained supply squeeze? 👇

⚠️ Not financial advice. Always manage your risk. 🛡️

🏷️ #ANSEM #HYPE #DEX #Crypto

🔥 💎
A Simpler Way to Explore DeFi on TON Ever opened a DEX and felt overwhelmed by charts, tabs, and technical details? STON.fi takes a more straightforward approach to decentralized trading on the TON blockchain. You can connect a compatible wallet, choose the tokens you want to swap, review the transaction details, and complete the trade while maintaining control of your assets. There’s no traditional exchange account required, and users interact with the protocol directly through their wallets. STON.fi also benefits from TON’s fast and low-cost blockchain infrastructure, making token swaps and other DeFi activities more accessible. Whether you’re new to TON or simply prefer a cleaner interface, STON.fi offers a straightforward starting point for exploring the ecosystem. #STONfi #Crypto #TON #Dex
A Simpler Way to Explore DeFi on TON

Ever opened a DEX and felt overwhelmed by charts, tabs, and technical details?

STON.fi takes a more straightforward approach to decentralized trading on the TON blockchain.

You can connect a compatible wallet, choose the tokens you want to swap, review the transaction details, and complete the trade while maintaining control of your assets.

There’s no traditional exchange account required, and users interact with the protocol directly through their wallets.

STON.fi also benefits from TON’s fast and low-cost blockchain infrastructure, making token swaps and other DeFi activities more accessible.

Whether you’re new to TON or simply prefer a cleaner interface, STON.fi offers a straightforward starting point for exploring the ecosystem.
#STONfi #Crypto #TON #Dex
What “Minimum Received” Really Tells You One of the most important figures beginners should understand when using a DEX is Minimum Received. At first glance, it can seem confusing. If the swap already shows the amount of tokens you’re expected to receive, why do you need another figure? The reason is simple: the quoted amount is an estimate, not always a guaranteed final amount. Market conditions can change between the moment you request a swap and when the transaction is executed. The Minimum Received value sets the lowest amount you’re willing to accept based on the transaction’s slippage protection. For example, imagine a swap shows an expected return of 118 STON, but the minimum received is lower. That difference exists to give the transaction some room to handle price movement while still preventing it from executing below your chosen limit. That’s why I wouldn’t recommend looking at just the headline amount when using a DEX. When swapping on STON.fi, I prefer to consider the quote as a complete picture: Expected amount Minimum received Price impact Fees Looking at these figures together gives you a much clearer understanding of what you're actually agreeing to. The main takeaway is straightforward: Don’t only ask, “How much am I expected to receive?” Also ask: “What is the lowest amount I’m comfortable receiving?” Once you understand that distinction, reading a DEX swap quote becomes much easier. #Dex #Ston #Cryptomarkets
What “Minimum Received” Really Tells You

One of the most important figures beginners should understand when using a DEX is Minimum Received.

At first glance, it can seem confusing. If the swap already shows the amount of tokens you’re expected to receive, why do you need another figure?

The reason is simple: the quoted amount is an estimate, not always a guaranteed final amount.

Market conditions can change between the moment you request a swap and when the transaction is executed. The Minimum Received value sets the lowest amount you’re willing to accept based on the transaction’s slippage protection.

For example, imagine a swap shows an expected return of 118 STON, but the minimum received is lower. That difference exists to give the transaction some room to handle price movement while still preventing it from executing below your chosen limit.

That’s why I wouldn’t recommend looking at just the headline amount when using a DEX.

When swapping on STON.fi, I prefer to consider the quote as a complete picture:

Expected amount

Minimum received

Price impact

Fees

Looking at these figures together gives you a much clearer understanding of what you're actually agreeing to.

The main takeaway is straightforward:

Don’t only ask, “How much am I expected to receive?”

Also ask:

“What is the lowest amount I’m comfortable receiving?”

Once you understand that distinction, reading a DEX swap quote becomes much easier.
#Dex #Ston #Cryptomarkets
DEXs just hit a record 19.5% of all spot trading — and both DEX and CEX volume fell to get there. The bull case: $UNI led every decentralized exchange with $53.4B in July volume, and the category set an all-time high share of the spot market. Self-custody trading keeps taking structural ground from centralized venues, and Uniswap is the venue capturing most of it. Share records tend to stick — traders who learn to route through a DEX rarely go back. The bear case, and it is the whole story: this record was won by shrinking less, not by growing. DEX spot volume actually fell 9.82% to $176B in July. CEX spot volume fell 31.2% to a multi-year low of $727B. When your share rises because the denominator collapsed faster than your numerator, that is a measure of relative decline, not demand. A market-wide volume drought flatters whoever bleeds slowest. Our read: separate the ratio from the activity. Falsifiable — if DEX volume turns up in absolute dollars while share holds near 19.5%, the structural migration is real and Uniswap is the direct beneficiary. If share keeps climbing while both sides keep shrinking, the number is measuring a quiet market, not a winning one, and it will mean-revert the moment CEX volume recovers. Not financial advice. DYOR. #Uniswap #UNI #DeFi #DEX
DEXs just hit a record 19.5% of all spot trading — and both DEX and CEX volume fell to get there.

The bull case: $UNI led every decentralized exchange with $53.4B in July volume, and the category set an all-time high share of the spot market. Self-custody trading keeps taking structural ground from centralized venues, and Uniswap is the venue capturing most of it. Share records tend to stick — traders who learn to route through a DEX rarely go back.

The bear case, and it is the whole story: this record was won by shrinking less, not by growing. DEX spot volume actually fell 9.82% to $176B in July. CEX spot volume fell 31.2% to a multi-year low of $727B. When your share rises because the denominator collapsed faster than your numerator, that is a measure of relative decline, not demand. A market-wide volume drought flatters whoever bleeds slowest.

Our read: separate the ratio from the activity. Falsifiable — if DEX volume turns up in absolute dollars while share holds near 19.5%, the structural migration is real and Uniswap is the direct beneficiary. If share keeps climbing while both sides keep shrinking, the number is measuring a quiet market, not a winning one, and it will mean-revert the moment CEX volume recovers.

Not financial advice. DYOR.

#Uniswap #UNI #DeFi #DEX
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Bullish
@stonfi Leads the Way in #TON #DeFi #StonFi continues to define trading on The Open Network, capturing 78% of all #DEX swap volume, nearly 5× more than the runner up. Stonfi commands 59% of all DEX users across the network, making it the primary hub for everyday traders. Driven by its Omniston protocol, Stonfi aggregates liquidity across multiple onchain sources to deliver optimal trade execution. Whether you're swapping tokens or building new applications, Stonfibpowers the core heartbeat of TON DeFi.
@STONfi DEX Leads the Way in #TON #DeFi
#StonFi continues to define trading on The Open Network, capturing 78% of all #DEX swap volume, nearly 5× more than the runner up.

Stonfi commands 59% of all DEX users across the network, making it the primary hub for everyday traders.
Driven by its Omniston protocol, Stonfi aggregates liquidity across multiple onchain sources to deliver optimal trade execution.
Whether you're swapping tokens or building new applications, Stonfibpowers the core heartbeat of TON DeFi.
DEFI DOESN’T HAVE A LIQUIDITY PROBLEM. IT HAS A LIQUIDITY ACCESS PROBLEM. There is liquidity across different chains. Different DEXs. Different pools. Different ecosystems. But liquidity sitting somewhere is not enough. Users need to reach it efficiently. That’s why liquidity aggregation matters. STON.fi is building toward an experience where users don’t have to manually search every ecosystem for the right route. Omniston is part of that vision. The goal? Make fragmented liquidity feel like one connected marketplace. If DeFi is going multi-chain, the infrastructure connecting that liquidity becomes just as important as the liquidity itself. That’s the bigger picture. #STONfi #DeFi #Omniston #DEX
DEFI DOESN’T HAVE A LIQUIDITY PROBLEM.

IT HAS A LIQUIDITY ACCESS PROBLEM.

There is liquidity across different chains.

Different DEXs.

Different pools.

Different ecosystems.

But liquidity sitting somewhere is not enough.

Users need to reach it efficiently.

That’s why liquidity aggregation matters.

STON.fi is building toward an experience where users don’t have to manually search every ecosystem for the right route.

Omniston is part of that vision.

The goal?

Make fragmented liquidity feel like one connected marketplace.

If DeFi is going multi-chain,

the infrastructure connecting that liquidity becomes just as important as the liquidity itself.

That’s the bigger picture.

#STONfi #DeFi #Omniston #DEX
In those ten seconds before opening a position, many people only look at direction—yet forget to compare where this trade will be executed betterWhen trading perps, the real place where many people get lazy isn’t that they don’t look at the direction—it’s that before opening a position, they simply assume the trade route. When you see BTC about to move, open from the familiar entry. When you see ETH has an opportunity, you still open from the same place. I’ve thought about position, leverage, and stop-loss—yet I rarely pause to ask one question: Is it really better for this trade to be executed here? Perps are different from spot. With spot, you might worry about price; with swaps, you might worry about slippage; with cross-chain, you might choose which route is smoother. But when it comes to perpetual futures, many people instead treat “where to trade” as a fixed option.

In those ten seconds before opening a position, many people only look at direction—yet forget to compare where this trade will be executed better

When trading perps, the real place where many people get lazy isn’t that they don’t look at the direction—it’s that before opening a position, they simply assume the trade route.
When you see BTC about to move, open from the familiar entry.
When you see ETH has an opportunity, you still open from the same place.
I’ve thought about position, leverage, and stop-loss—yet I rarely pause to ask one question:
Is it really better for this trade to be executed here?
Perps are different from spot.
With spot, you might worry about price; with swaps, you might worry about slippage; with cross-chain, you might choose which route is smoother. But when it comes to perpetual futures, many people instead treat “where to trade” as a fixed option.
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Bullish
@stonfi is a decentralized exchange (#DEX ) on the #TON #blockchain that lets users trade #crypto directly without intermediaries. By using Automated Market Maker (AMM) pools, #StonFi offers low trading fees and minimal slippage,while connecting seamlessly to TON self custodial wallets like Tonkeeper. Beyond basic token swaps, StonFi leverages its #Omniston protocol to enable cross chain trading with external networks without requiring wrapped assets or traditional bridges.
@STONfi DEX is a decentralized exchange (#DEX ) on the #TON #blockchain that lets users trade #crypto directly without intermediaries.
By using Automated Market Maker (AMM) pools, #StonFi offers low trading fees and minimal slippage,while connecting seamlessly to TON self custodial wallets like Tonkeeper.
Beyond basic token swaps, StonFi leverages its #Omniston protocol to enable cross chain trading with external networks without requiring wrapped assets or traditional bridges.
CEX vs DEX: The Difference Between Centralized and Decentralized ExchangesTo buy or sell crypto, you need a place called an exchange. There are two main types you should know: CEX and DEX. #Cex , short for centralized exchange, is operated by a company with a clear organizational structure. You register an account through an identity verification process, then you can start trading. The company is the one that stores and manages users’ funds behind the scenes, similar to how a bank stores its customers’ money. #DEX , short for decentralized exchange, runs through smart contracts without a central company directly managing users’ funds. You still have full control over your wallet and assets throughout the transaction process, because transactions happen directly between wallets via automatic program code.

CEX vs DEX: The Difference Between Centralized and Decentralized Exchanges

To buy or sell crypto, you need a place called an exchange. There are two main types you should know: CEX and DEX.
#Cex , short for centralized exchange, is operated by a company with a clear organizational structure. You register an account through an identity verification process, then you can start trading. The company is the one that stores and manages users’ funds behind the scenes, similar to how a bank stores its customers’ money.
#DEX , short for decentralized exchange, runs through smart contracts without a central company directly managing users’ funds. You still have full control over your wallet and assets throughout the transaction process, because transactions happen directly between wallets via automatic program code.
What exactly is STON.fi, and why does it matter to the TON ecosystem? STON.fi is a decentralized exchange (DEX) built on TON that allows users to swap tokens and interact with liquidity pools without relying on a centralized exchange. But the important part is understanding what happens behind the interface. Liquidity providers supply assets to pools, while users interact with those pools to execute swaps. This creates an important piece of DeFi infrastructure for TON. In my next posts, I’ll break down how STON.fi works, liquidity pools, swapping, and the risks users should understand before using a DEX. #STON #TON #DEX
What exactly is STON.fi, and why does it matter to the TON ecosystem?

STON.fi is a decentralized exchange (DEX) built on TON that allows users to swap tokens and interact with liquidity pools without relying on a centralized exchange.

But the important part is understanding what happens behind the interface.

Liquidity providers supply assets to pools, while users interact with those pools to execute swaps.

This creates an important piece of DeFi infrastructure for TON.

In my next posts, I’ll break down how STON.fi works, liquidity pools, swapping, and the risks users should understand before using a DEX.

#STON #TON #DEX
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Bullish
$THE when DEX becomes the flagship of BNB Chain THENA is not just another DEX. It’s deep liquidity, spot and perpetual contracts, a ve(3,3) governance model, and 69K holders. And all of it is on BNB Chain. Why THE is interesting: 1. A full-fledged ecosystem. THE is integrated into Binance Earn, Margin, Futures, and Convert. The token supports leverage up to 75x. 2. Deflationary model. Total supply: 326M THE, with 133M in circulation. The remaining ~193M will be unlocked over 5 years—no sudden crashes. 3. ve(3,3) mechanics. Protocols pay for liquidity, directly influencing the votes of veTHE holders. This creates real demand for the token. 4. Technical picture. THE bounced from the historical low ($0.0458 in July 2026) by +14%. It’s currently testing resistance at $0.054. A breakout could open the way to $0.06–0.07. Risks: The token is down 98.7% from ATH. The market is still in fear—index 40. THE is a bet on BNB Chain liquidity through a working DEX with a deflationary model. Price has rebounded off the bottom, and the ecosystem is alive. But entering at -98% from ATH without a stop-loss is suicide. #THENA #THE #DEX #BNBChain {future}(THEUSDT)
$THE when DEX becomes the flagship of BNB Chain

THENA is not just another DEX. It’s deep liquidity, spot and perpetual contracts, a ve(3,3) governance model, and 69K holders. And all of it is on BNB Chain.

Why THE is interesting:

1. A full-fledged ecosystem. THE is integrated into Binance Earn, Margin, Futures, and Convert. The token supports leverage up to 75x.
2. Deflationary model. Total supply: 326M THE, with 133M in circulation. The remaining ~193M will be unlocked over 5 years—no sudden crashes.
3. ve(3,3) mechanics. Protocols pay for liquidity, directly influencing the votes of veTHE holders. This creates real demand for the token.
4. Technical picture. THE bounced from the historical low ($0.0458 in July 2026) by +14%. It’s currently testing resistance at $0.054. A breakout could open the way to $0.06–0.07.

Risks: The token is down 98.7% from ATH. The market is still in fear—index 40.

THE is a bet on BNB Chain liquidity through a working DEX with a deflationary model. Price has rebounded off the bottom, and the ecosystem is alive. But entering at -98% from ATH without a stop-loss is suicide.

#THENA #THE #DEX #BNBChain
I’ve been looking deeper into what actually happens behind a swap on STON.fi, and one thing stands out: simplicity on the front end often means serious infrastructure behind the scenes. You select the tokens you want, enter the amount, review the quote, and confirm. But underneath that simple experience, liquidity sources, pricing, routing and blockchain execution all have to work together. That’s where Omniston becomes interesting. By acting as a liquidity aggregation and execution layer, it helps connect liquidity and optimize how swaps are executed without making users manage all that complexity themselves. For me, this is what good DeFi infrastructure should look like: complex technology working quietly while the user gets a simple experience. And as TON continues expanding, that kind of infrastructure could become increasingly important. Explore STON.fi 👇 🌐 https://app.ston.fi/ 📝 https://blog.ston.fi/ 🐦 https://twitter.com/ston_fi 💬 https://t.me/ston_fi 🎮 https://discord.gg/bdmaGV6qUw 🌳 https://linktr.ee/ston.fi/ #STONfi #TON #Omniston #DeFi #DEX $MIRA $GRAM $BTC {spot}(BTCUSDT) {spot}(GRAMUSDT) {spot}(MIRAUSDT)
I’ve been looking deeper into what actually happens behind a swap on STON.fi, and one thing stands out: simplicity on the front end often means serious infrastructure behind the scenes.

You select the tokens you want, enter the amount, review the quote, and confirm. But underneath that simple experience, liquidity sources, pricing, routing and blockchain execution all have to work together.

That’s where Omniston becomes interesting. By acting as a liquidity aggregation and execution layer, it helps connect liquidity and optimize how swaps are executed without making users manage all that complexity themselves.

For me, this is what good DeFi infrastructure should look like: complex technology working quietly while the user gets a simple experience.

And as TON continues expanding, that kind of infrastructure could become increasingly important.

Explore STON.fi 👇

🌐 https://app.ston.fi/
📝 https://blog.ston.fi/
🐦 https://twitter.com/ston_fi
💬 https://t.me/ston_fi
🎮 https://discord.gg/bdmaGV6qUw
🌳 https://linktr.ee/ston.fi/

#STONfi #TON #Omniston #DeFi #DEX

$MIRA $GRAM $BTC

I entered a great deal today—it only took me less than one hour, after arranging the studies and mathematical equations, the global trend, liquidity, and the security of the contract. I bought with an amount of 1000 $USDT of the memecoin trend named Big Hair Trump, during its initial development stage before launch. Its price was 0.0000021 $USDT , and when the price reached 0.00014, I sold all the coins in 60 sell orders. So the total capital from this trade after selling became 66,666.67 $USDT 🔥🔥 I believe that the future, wealth, and power in the field of trading lie within decentralized trading #DEX #ETH #BTC #Binance #OKX
I entered a great deal today—it only took me less than one hour, after arranging the studies and mathematical equations, the global trend, liquidity, and the security of the contract. I bought with an amount of 1000 $USDT of the memecoin trend named Big Hair Trump, during its initial development stage before launch. Its price was 0.0000021 $USDT , and when the price reached 0.00014, I sold all the coins in 60 sell orders. So the total capital from this trade after selling became 66,666.67 $USDT 🔥🔥
I believe that the future, wealth, and power in the field of trading lie within decentralized trading #DEX
#ETH #BTC #Binance #OKX
Uniswap has been taking frequent action lately—Robinhood Chain has officially launched a meme-coin platform. Popular tokens like $FRONG have been rolling out, and with Uniswap’s own ecosystem expanding, its value-capture logic has been further strengthened. In the short term, these developments create a positive compounding effect: trading volume and fee expectations move upward in sync, and the meme narrative hits community sentiment precisely. Once FOMO takes hold, it can easily ignite short-term market momentum. At the moment, the quoted price is $3.83 ($UNI ), with $204 million in 24-hour trading volume and a market cap of $2.4 billion. As a leading DEX in the sector, there has long been discussion that UNI is “undervalued.” The more active the ecosystem becomes, the more easily that narrative can be amplified. Of course, meme hype often comes quickly and fades just as fast, so chasing price rises should be done cautiously. But if ecosystem expansion remains sustained, UNI’s medium-to-long-term value-capture logic is still worth monitoring. #Uniswap #DEX #Meme币
Uniswap has been taking frequent action lately—Robinhood Chain has officially launched a meme-coin platform. Popular tokens like $FRONG have been rolling out, and with Uniswap’s own ecosystem expanding, its value-capture logic has been further strengthened.

In the short term, these developments create a positive compounding effect: trading volume and fee expectations move upward in sync, and the meme narrative hits community sentiment precisely. Once FOMO takes hold, it can easily ignite short-term market momentum.

At the moment, the quoted price is $3.83 ($UNI ), with $204 million in 24-hour trading volume and a market cap of $2.4 billion. As a leading DEX in the sector, there has long been discussion that UNI is “undervalued.” The more active the ecosystem becomes, the more easily that narrative can be amplified.

Of course, meme hype often comes quickly and fades just as fast, so chasing price rises should be done cautiously. But if ecosystem expansion remains sustained, UNI’s medium-to-long-term value-capture logic is still worth monitoring.

#Uniswap #DEX #Meme币
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In July, the ratio of DEX to CEX spot trading volume first exceeded 24%, up from just 17% a year ago. The growth rate is far beyond expectations. More importantly, a key signal: Uniswap is working on building a top-layer launchpad platform, with both trading entry points and token-launch entry points migrating onto the chain. DeFi is no longer just a game of existing TVL. When DEX starts taking the “token-issuing right” from CEX, the entire crypto liquidity allocation mechanism will be reshaped. CEX’s listing right is one of its most core moats, and this moat is being dismantled at the root by on-chain protocols. From a trading perspective: keep an eye on the leading DEX segment and the underlying infrastructure of on-chain launch platforms. Existing capital is migrating, while new capital is being created on-chain. $UNI #DeFi #DEX #Web3
In July, the ratio of DEX to CEX spot trading volume first exceeded 24%, up from just 17% a year ago.

The growth rate is far beyond expectations. More importantly, a key signal: Uniswap is working on building a top-layer launchpad platform, with both trading entry points and token-launch entry points migrating onto the chain.

DeFi is no longer just a game of existing TVL. When DEX starts taking the “token-issuing right” from CEX, the entire crypto liquidity allocation mechanism will be reshaped. CEX’s listing right is one of its most core moats, and this moat is being dismantled at the root by on-chain protocols.

From a trading perspective: keep an eye on the leading DEX segment and the underlying infrastructure of on-chain launch platforms. Existing capital is migrating, while new capital is being created on-chain.

$UNI #DeFi #DEX #Web3
🔴 $UNI SUPPORT CRUMBLING — THE DEX CROWN IS SLIPPING, SHORT THE RELIEF BOUNCE! Entry: 3.89 ⚡ Target: 3.69 / 3.50 🚀 Stop Loss: 4.00 ⚠️ 📉 The DEX king narrative is fading fast. $UNI is bleeding through the lower shelf, and every relief bounce gets sold before it even breathes. 🌊 Whale flows are pointing one direction — outflow — while AMM believers keep catching the knife with dreams of old highs. 📊 Support at 3.89 is the last stool under this fragile structure. Once it cracks, the next leg down opens like a trapdoor. The relief pop is the short-entry gift — hesitation is the only real enemy here. 💡 💬 Who's fading this bounce with me, or are you still waiting for the U-shaped miracle? 👇 ⚠️ Not financial advice. Always manage your risk. 🛡️ 🏷️ #UNI #ShortSetup #DEX #Crypto 🔴 📉
🔴 $UNI SUPPORT CRUMBLING — THE DEX CROWN IS SLIPPING, SHORT THE RELIEF BOUNCE!

Entry: 3.89 ⚡
Target: 3.69 / 3.50 🚀
Stop Loss: 4.00 ⚠️

📉 The DEX king narrative is fading fast. $UNI is bleeding through the lower shelf, and every relief bounce gets sold before it even breathes. 🌊 Whale flows are pointing one direction — outflow — while AMM believers keep catching the knife with dreams of old highs.

📊 Support at 3.89 is the last stool under this fragile structure. Once it cracks, the next leg down opens like a trapdoor. The relief pop is the short-entry gift — hesitation is the only real enemy here. 💡

💬 Who's fading this bounce with me, or are you still waiting for the U-shaped miracle? 👇

⚠️ Not financial advice. Always manage your risk. 🛡️

🏷️ #UNI #ShortSetup #DEX #Crypto

🔴 📉
According to data from CryptoRank, the decentralized derivatives exchange Hyperliquid reached a trading volume of perpetual futures (perp DEX) of up to $21.8 billion in July. This figure has officially "outperformed" the entire market, as it is larger than the combined trading volumes of the top competing exchanges. #Hyperliquid #DEX #CryptoRank $HYPE $APT $ETH
According to data from CryptoRank, the decentralized derivatives exchange Hyperliquid reached a trading volume of perpetual futures (perp DEX) of up to $21.8 billion in July. This figure has officially "outperformed" the entire market, as it is larger than the combined trading volumes of the top competing exchanges.

#Hyperliquid #DEX #CryptoRank $HYPE

$APT $ETH
According to data from CryptoRank, the decentralized derivatives exchange Hyperliquid has reached a futures perpetual contract (perp DEX) trading volume of up to $21.8 billion in July. This figure officially "outperformed" the entire market, as it is larger than the total trading volume of the top competing exchanges combined. #Hyperliquid #DEX #CryptoRank $HYPE $APT $ETH
According to data from CryptoRank, the decentralized derivatives exchange Hyperliquid has reached a futures perpetual contract (perp DEX) trading volume of up to $21.8 billion in July. This figure officially "outperformed" the entire market, as it is larger than the total trading volume of the top competing exchanges combined.

#Hyperliquid #DEX #CryptoRank $HYPE

$APT $ETH
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BitMEX and BitMart shut down one after another within three days. BMX plunged 66% on the day. But traders haven’t left the crypto market—they’ve just moved platforms. Let the data speak: DEX spot share rose from under 17% to 24% (a historical high), while CEX trading volume fell to a 12-month low of $670B. But don’t misunderstand: DEX has not replaced CEX. Binance, Coinbase, OKX, and Bybit are still irreplaceable—for fiat on/off-ramps, deep liquidity, and regulatory compliance. What’s really being squeezed is the “middle-layer” of smaller exchanges. They can’t compete with the leaders’ liquidity, and they also can’t compete with the self-custody of DEX. #Bitcoin #DEX #CEX My take: if you’re still using a CEX outside the top four, you should ask yourself one question—what exactly is its advantage? Because risk and reward are no longer proportional.
BitMEX and BitMart shut down one after another within three days. BMX plunged 66% on the day.

But traders haven’t left the crypto market—they’ve just moved platforms.

Let the data speak: DEX spot share rose from under 17% to 24% (a historical high), while CEX trading volume fell to a 12-month low of $670B.

But don’t misunderstand: DEX has not replaced CEX. Binance, Coinbase, OKX, and Bybit are still irreplaceable—for fiat on/off-ramps, deep liquidity, and regulatory compliance. What’s really being squeezed is the “middle-layer” of smaller exchanges. They can’t compete with the leaders’ liquidity, and they also can’t compete with the self-custody of DEX.

#Bitcoin #DEX #CEX

My take: if you’re still using a CEX outside the top four, you should ask yourself one question—what exactly is its advantage? Because risk and reward are no longer proportional.
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