{"id":24427,"date":"2025-06-02T10:25:12","date_gmt":"2025-06-02T07:25:12","guid":{"rendered":"https:\/\/forklog.com\/en\/decentralized-exchanges-capture-25-3-of-trading-volume-against-centralized-counterparts\/"},"modified":"2025-06-02T10:25:12","modified_gmt":"2025-06-02T07:25:12","slug":"decentralized-exchanges-capture-25-3-of-trading-volume-against-centralized-counterparts","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/decentralized-exchanges-capture-25-3-of-trading-volume-against-centralized-counterparts\/","title":{"rendered":"Decentralized Exchanges Capture 25.3% of Trading Volume Against Centralized Counterparts"},"content":{"rendered":"<p>In May, trading volume on decentralized exchanges (DEX) reached $410.2 billion, accounting for more than a quarter of the equivalent figure for <span data-descr=\"centralized platforms\" class=\"old_tooltip\">CEX<\/span>. According to <a href=\"https:\/\/www.theblock.co\/post\/356504\/dexs-hit-record-25-share-of-spot-trading-volume-against-cexs-in-may\">The Block<\/a>, this 25.3% share marks a historic high.<\/p>\n<p>The previous record for the DEX\/CEX volume ratio was 20.1%, achieved in January.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/1-1591.webp\" alt=\"1-1591\" class=\"wp-image-259713\"\/><figcaption class=\"wp-element-caption\">Data: The Block.<\/figcaption><\/figure>\n<p>In May, PancakeSwap led decentralized exchanges with a trading volume of $171.6 billion. Aerodrome and PumpSwap followed, each with approximately $15 billion.<\/p>\n<p>Simon Kim, CEO and partner at Hashed, described the data as a &#8220;paradigm shift from trust-based platforms to those based on code.&#8221; He added that the advantages of the latter include composability, open innovation, and cross-chain compatibility.<\/p>\n<p>According to the expert, the surge in DEX trading volumes can be attributed to meme coin mania, improved user-friendliness of non-custodial wallets, and declining trust in centralized competitors.<\/p>\n<p>Kim predicts that decentralized exchanges will surpass CEX in trading volume by 2028 and become dominant by 2030.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;Satoshi Nakamoto&#8217;s vision of P2P electronic money mechanisms is expanding into full-fledged financial ecosystems through DEX. These are the true embodiment of the blockchain spirit,&#8221;<\/em> explained the CEO and partner at Hashed.<\/p>\n<\/blockquote>\n<p>Earlier, the organization behind DEX Hyperliquid, Hyperliquid Labs, <a href=\"https:\/\/forklog.com\/en\/news\/hype-reaches-record-high-amid-cftc-crypto-derivatives-inquiry\">submitted<\/a> comments to the <span data-descr=\"U.S. Commodity Futures Trading Commission\" class=\"old_tooltip\">CFTC<\/span> on the potential approval of perpetual contracts and 24\/7 cryptocurrency trading, advocating for DeFi integration.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In May, trading volume on decentralized exchanges (DEX) reached $410.2 billion, accounting for more than a quarter of the equivalent figure for CEX. According to The Block, this 25.3% share marks a historic high. The previous record for the DEX\/CEX volume ratio was 20.1%, achieved in January. Data: The Block. In May, PancakeSwap led decentralized [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":24426,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1166,1093,787,1145],"class_list":["post-24427","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-centralized-exchanges-cex","tag-defi","tag-dex","tag-market-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"73","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/24427","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=24427"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/24427\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/24426"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=24427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=24427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=24427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}