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Decentralized Crypto Exchanges Hit Record Market Share in Q2 Volume: CoinGecko Report

2025-07-21 20:23:56

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Decentralized exchanges, or DEXs, saw their highest-ever market share in spot crypto volume as trading on their centralized counterparts such as Binance declined in the second quarter of the year, CoinGecko reported . Among centralized exchanges (CEXs), Binance held onto the top place in spot trading market share, even though its quarterly volume dropped to $1.47 trillion from over $2 trillion, the report said. Crypto.com endured even steeper decrease losing 61% of its volume through the quarter...

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