untitled design

Trading volumes on centralized exchanges and DEX exceeded $ 15 trillion

According to The Block, the volume of trading on centralized and decentralized exchanges for the year exceeded $ 15 trillion. Of these, $ 14 trillion falls on centralized sites.

Analysts point to a significant increase in trading volumes compared to last year. Thus, on decentralized exchanges, the trading volume increased by 858%, and on centralized exchanges – by 689%.

May was the most successful month for both categories. On centralized exchanges, deals were made for $ 2.23 trillion, and on DEX – $ 162 billion. At the same time, the most significant increase in trading volume was recorded in May compared to the previous month. For example, on decentralized exchanges, the indicator grew immediately by 137.3%. Since May, the average monthly trading volume has approximately halved.

251221_dex_vol.jpg

Binance remains the leader in the market for centralized exchanges – $ 9.5 trillion in deals were made on the site, which is 67% of the total trading volume. On decentralized platforms, Uniswap is in the lead, accounting for 75% of the trading volume.

Earlier it was reported that DeFi trading volume on major decentralized exchanges grew 550% in 2021.

You may also like

Dior, anatomy of freedom
Entertainment
Susan

Dior, anatomy of freedom

This article is published in issue 18 of Vanity Fair on newsstands until April 30, 2024. Join your hands proudly.

Get the latest

Stay Informed: Get the Latest Updates and Insights

 

Most popular