Data: Since May, the monthly trading volume of DEX has continued to decline compared to CEX, and is currently below 14%
ChainCatcher news, as the frenzy for meme coins in the crypto market gradually fades, Wall Street giants are applying for ETFs one after another, leading more and more traders to shift from DEX to CEX. From May to June, the ratio of DEX trading volume relative to CEX significantly dropped from 22% to 16.8%. By the 4th day of July, this ratio further declined to just below 14%. (The Block)
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