In May, the proportion of DEX spot trading volume rose to 25%, a record high."
According to online reports, the proportion of spot trading volume on decentralized exchanges (DEX) rose to 25%, a record high, approaching the market share of centralized exchanges (CEX) for the first time. The total transaction volume of DEX reached US$410.2 billion, of which PancakeSwap accounted for US$171.6 billion, ranking first, followed by Aerodrome and PumpSwap, with monthly transaction volume close to US$15 billion. According to TheBlock, Hashed CEO Simon Kim said that this is not only a change in share, but also a sign that the market is shifting from centralization to decentralization. He expects DEX to surpass CEX in 2028 and achieve dominance in 2030. Kim emphasized that the growth of DEX is due to the memecoin boom, the decline in wallet usage thresholds and the decline in users 'trust in CEX."DEX is a true manifestation of the spirit of blockchain."
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.
