Decentralized exchange volumes soar on memecoin trading rush: CoinGecko
In June, the DEX to CEX spot ratio hit an all-time peak of 37.4%, largely due to “a spike in PancakeSwap’s volumes,” says CoinGecko analyst Yuqian Lim.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
In June, the DEX to CEX spot ratio hit an all-time peak of 37.4%, largely due to “a spike in PancakeSwap’s volumes,” says CoinGecko analyst Yuqian Lim.
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This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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