TechFlow news, on November 4, according to Hitesh Malviya, founder of crypto analytics platform DYOR, Binance's monthly trading volume has seen almost no growth over the past few months, while trading volume on decentralized exchanges (DEX) has surged dramatically, increasing by 50% in the last 30 days.
According to the latest data from The Block and DeFiLlama, the ratio of spot trading volume between decentralized exchanges (DEX) and centralized exchanges (CEX) has reached an all-time high. As of November 4, 2024, the DEX/CEX spot trading volume ratio hit 22.53%.





