Crypto Market’s $1 Trillion DEX Surge Redefines Power Balance with CEXs
Dr. Han, founder of Gate, has recently highlighted a pivotal shift in the cryptocurrency market, describing it as entering a new era of “Dual-Engine Drive with CEX and DEX.” This development reflects the evolving dynamics of the crypto trading landscape, where centralized exchanges (CEXs) and decentralized exchanges (DEXs) are increasingly seen as complementary rather than competing platforms [1].
According to recent data, the DEX market experienced a significant milestone in August, processing over $1.15 trillion in trading volume. This figure encompasses both spot and perpetual contract transactions, with spot DEX volume reaching $506 billion and perpetual contract volume surpassing $648 billion. This performance marks the first…
