š DEX Monthly Volume Hits All-Time High in December!
š„ Decentralized exchanges (DEX) smashed records with $320.5B in trading volume, surpassing Novemberās $299.6B.
⢠š„ Uniswap: $103B+
⢠š„ Pancakeswap: $72B
⢠š„ Raydium (Solana): $54.6B
š Analysts note that hot assets (e.g., AI tokens) and rising projects like Hyperliquid make CEX listings less essential for high market caps.
š Meanwhile, CEX spot trading volume hit a 3-year high at $2.78T, led by:
⢠Binance: $950B
⢠Upbit, Bybit, Coinbase: Hundreds of billions each
š The surge reflects renewed market activity, driven by:
1ļøā£ Increased volatility
2ļøā£ Growing trust in DeFi
3ļøā£ Improved liquidity & tools on CEX