TechFlow news, according to the latest data from Defillama, the decentralized exchange (DEX) market has recently experienced a significant pullback. In the past 24 hours, the total DEX trading volume amounted to $2.939 billion, with the total volume over the past seven days reaching $31.135 billion. However, the week-on-week change indicates a sharp decline of 39.54% in DEX trading volume, and DEX's market share relative to centralized exchanges (CEX) remains at 12.94%.
Notably, among major DEX platforms, Uniswap saw a weekly trading volume drop of 46.6%, PancakeSwap declined by 21.51%, Orca fell by 33.43%, and Raydium dropped by 34.1%.
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