According to the Internet, according to CoinGecko's second-quarter report, decentralized exchanges (DEX) have reached a record market share relative to centralized exchanges (CEX) in terms of spot cryptocurrency trading volume. Binance still maintains its number one position in the centralized exchange market share despite a sharp decline in trading volume, while the shares of Crypto.com and Coinbase have also declined. DEX perpetual contract trading volume also hit a new high, with Hyperliquid dominating the market. The report pointed out that spot trading volume on decentralized exchanges (DEX) soared to US$876.3 billion, an increase of more than 25% from the previous quarter.