📊 DATA:
DEXs captured a record 19.5% of total crypto spot volume in July.
But the bigger story isn’t that DEX trading suddenly exploded.
CEX spot volume dropped much harder, while DEX volume declined at a slower pace.
So for me, this looks more like DEXs showing resilience rather than taking over price discovery. 👀
#Crypto #DEX #DeFi #Bitcoin #Binance
DEXs captured a record 19.5% of total crypto spot volume in July.
But the bigger story isn’t that DEX trading suddenly exploded.
CEX spot volume dropped much harder, while DEX volume declined at a slower pace.
So for me, this looks more like DEXs showing resilience rather than taking over price discovery. 👀
#Crypto #DEX #DeFi #Bitcoin #Binance