TechFlow news, on December 30, according to The Block, the monthly trading volume of decentralized exchanges (DEX) surpassed $300 billion for the first time in December 2024, reaching $320.5 billion and setting a new record high. Uniswap led the rankings with over $103 billion in trading volume, followed by PancakeSwap and Raydium with $72 billion and $54.6 billion respectively.
During the same period, centralized exchange (CEX) spot trading volume reached $2.78 trillion, the highest since May 2021, with Binance contributing nearly $950 billion in trading volume. Min Jung, analyst at Presto Research, noted that currently popular AI tokens are primarily traded on DEXs, and project teams are becoming less dependent on CEX listings.
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