Decentralized Exchanges Gain Ground

DEX spot volume reaches 24% of CEX volume Decentralized exchanges saw a significant increase in spot trading volume, reaching 24% of centralized exchange volume in July 2026. This marks the highest level since tracking began in 2019. The ratio had stayed be

DEX spot volume reaches 24% of CEX volume

Decentralized exchanges saw a significant increase in spot trading volume, reaching 24% of centralized exchange volume in July 2026.

This marks the highest level since tracking began in 2019.

The ratio had stayed below 10% for most of 2024, before accelerating in 2025 and remaining between 18% and 21% in 2026.

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