🧪 DEX on the Rise: Record Outflow from CEX and Surge of PancakeSwap and Hyperliquid
According to CoinGecko, in Q2, decentralized exchanges set a historical record — the DEX:CEX ratio reached 0.23. Volumes on centralized platforms fell by 27%, while DEXs grew by 25%.
PancakeSwap increased spot trading by 539%, becoming a leader thanks to integration with Binance Alpha. Meanwhile, Hyperliquid captured 73% of the derivatives market and entered the top 8 exchanges in the world.
