In accordance with Bitjie.com, CoinGecko's report shows the spot trading ratio of decentralized exchanges (DEXs) to centralized exchanges hit a record high of 37.4% in June, driven by memecoin speculation and a surge in PancakeSwap volume. Although the ratio dropped to around 21% in November, it remains higher than previous years, indicating a persistent growth in DEX market share. Meanwhile, the perpetual contract DEX trading ratio reached a new high of 11.7% in November, with annual trading volume increasing tenfold.
Decentralized Exchange Volume Surges Amid Memecoin Trading Boom
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