The trading volume of DEX in November broke through 300 billion US dollars, setting a new historical high
News on December 21, according to The Block Research data, the trading volume of decentralized exchanges (DEX) in November reached 300 billion US dollars, surpassing the previous cycle high of 260 billion US dollars set in May 2021. The ratio of DEX to CEX trading volume continues to show an upward trend, reaching 11% in November, higher than the 9.3% at the beginning of 2024 and the 0.04% at the beginning of 2020.
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