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Cryptocurrency Cointelegraph

DEX-to-CEX ratio hits new high as crypto traders flee centralization

Despite the rising DEX-to-CEX ratio, centralized exchanges still lead in the crypto spot market, posting $3.9 trillion in trading volume, compared to $877 billion for DEXs.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

DEX-to-CEX ratio hits new high as crypto traders flee centralization

Despite the rising DEX-to-CEX ratio, centralized exchanges still lead in the crypto spot market, posting $3.9 trillion in trading volume, compared to $877 billion for DEXs.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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