Decentralized Exchanges (DEXs) Surge to Record Market Share While Centralized Platforms (CEXs) Bleed Volume in Q2 2025
The tectonic plates of crypto trading are shifting—decentralized exchanges just ate CEXs' lunch.
DEXs hit an all-time high market share in Q2 as centralized platforms watched volumes evaporate. Traders are voting with their wallets, and the results are brutal for legacy gatekeepers.
Who needs 'trusted' intermediaries when code cuts out the middleman? (Well, besides regulators clinging to their 20th-century rulebooks.)
The numbers don't lie: The future is non-custodial, permissionless, and ruthlessly efficient. CEXs can either adapt or join the dinosaurs.