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In June, DEX accounted for nearly 30% of CEX spot trading volume.
Gate News bot message, according to data from DefiLlama and The Block, in June, approximately 385 billion dollars of spot trading was processed at decentralized exchanges (DEX), accounting for nearly 30% of the trading volume of centralized exchanges (CEX).
The DEX 30-day trading volume decreased by 12% compared to May, while the spot trading volume of centralized exchanges shrank by nearly 30% during the same period. It is worth noting that this is the smallest monthly trading volume for CEX since September 2024.
As of the time of publication, these different trends have led to the "spot trading volume from DEX to CEX" reaching 28.4%, setting a new historical high. The previous record was about 21% in May.
The relatively low withdrawal rates of Uniswap, PancakeSwap, and other permissionless venues explain much of the market share expansion. The total trading volume of the top five DEXs (including Orca, Raydium, and Meteora) decreased by less than 10% compared to the previous quarter, thanks to Ethereum's stability in trading volume and the growth of activities on Solana and Base.
Nansen's data shows that since June 17, the supply of ERC-20 stablecoins on centralized exchanges has been steadily declining.
With less than one trading day left in June, the total accumulated amount of the DEX is still $15 billion away from the $400 billion threshold.
The average daily trading volume in the past week exceeded 13 billion dollars, and if market conditions remain stable, it is possible to break through 400 billion dollars.