Volume Traces of DeFi!

The chart clearly shows the distribution of spot volumes over time:

CEXs are still dominant but losing strength.

DEX volume has been steadily increasing, especially since the second half of 2024.

After January 2025, this increase accelerates.

This breakdown indicates that user habits and market structure are changing.

While liquidity is still in CEXs, trust and decentralization are valued more.

Will DEX be tomorrow's leader?