• bitcoinBitcoin (BTC) $ 116,756.00
  • ethereumEthereum (ETH) $ 2,974.76
  • xrpXRP (XRP) $ 2.85
  • tetherTether (USDT) $ 0.999800
  • bnbBNB (BNB) $ 680.40
  • solanaSolana (SOL) $ 159.23
  • usd-coinUSDC (USDC) $ 0.999811
  • dogecoinDogecoin (DOGE) $ 0.190819
  • tronTRON (TRX) $ 0.297366
  • staked-etherLido Staked Ether (STETH) $ 2,973.66
  • cardanoCardano (ADA) $ 0.724418
  • hyperliquidHyperliquid (HYPE) $ 47.11
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 116,430.00
  • stellarStellar (XLM) $ 0.451293
  • suiSui (SUI) $ 3.89
  • wrapped-stethWrapped stETH (WSTETH) $ 3,594.94
  • chainlinkChainlink (LINK) $ 15.37
  • hedera-hashgraphHedera (HBAR) $ 0.229891
  • bitcoin-cashBitcoin Cash (BCH) $ 486.36
  • avalanche-2Avalanche (AVAX) $ 20.96
  • leo-tokenLEO Token (LEO) $ 9.00
  • wrapped-eethWrapped eETH (WEETH) $ 3,189.36
  • shiba-inuShiba Inu (SHIB) $ 0.000013
  • the-open-networkToncoin (TON) $ 2.97
  • wethWETH (WETH) $ 2,975.92
  • litecoinLitecoin (LTC) $ 92.69
  • usdsUSDS (USDS) $ 0.999508
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • whitebitWhiteBIT Coin (WBT) $ 45.45
  • moneroMonero (XMR) $ 337.17
  • polkadotPolkadot (DOT) $ 3.86
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 116,705.00
  • uniswapUniswap (UNI) $ 9.04
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • pepePepe (PEPE) $ 0.000012
  • bitget-tokenBitget Token (BGB) $ 4.42
  • aaveAave (AAVE) $ 313.44
  • bittensorBittensor (TAO) $ 411.14
  • daiDai (DAI) $ 0.999911
  • pi-networkPi Network (PI) $ 0.449973
  • crypto-com-chainCronos (CRO) $ 0.103284
  • aptosAptos (APT) $ 4.84
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • nearNEAR Protocol (NEAR) $ 2.51
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • okbOKB (OKB) $ 47.13
  • ondo-financeOndo (ONDO) $ 0.899222
  • internet-computerInternet Computer (ICP) $ 5.27
  • jito-staked-solJito Staked SOL (JITOSOL) $ 193.56
  • ethereum-classicEthereum Classic (ETC) $ 17.95
  • mantleMantle (MNT) $ 0.711725
  • algorandAlgorand (ALGO) $ 0.275795
  • usd1-wlfiUSD1 (USD1) $ 0.999652
  • kaspaKaspa (KAS) $ 0.083368
  • bonkBonk (BONK) $ 0.000028
  • ethenaEthena (ENA) $ 0.333840
  • vechainVeChain (VET) $ 0.023877
  • cosmosCosmos Hub (ATOM) $ 4.47
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.225035
  • pump-funPump.fun (PUMP) $ 0.005641
  • sei-networkSei (SEI) $ 0.341481
  • arbitrumArbitrum (ARB) $ 0.398828
  • susdssUSDS (SUSDS) $ 1.06
  • fasttokenFasttoken (FTN) $ 4.51
  • render-tokenRender (RENDER) $ 3.67
  • gatechain-tokenGate (GT) $ 15.63
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.029208
  • official-trumpOfficial Trump (TRUMP) $ 9.09
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,978.66
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.686969
  • worldcoin-wldWorldcoin (WLD) $ 1.01
  • filecoinFilecoin (FIL) $ 2.50
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 116,709.00
  • skySky (SKY) $ 0.077056
  • quant-networkQuant (QNT) $ 109.27
  • binance-staked-solBinance Staked SOL (BNSOL) $ 169.14
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.69
  • kucoin-sharesKuCoin (KCS) $ 11.49
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997186
  • usdtbUSDtb (USDTB) $ 0.999511
  • jupiter-exchange-solanaJupiter (JUP) $ 0.482082
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,118.95
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,391.38
  • spx6900SPX6900 (SPX) $ 1.48
  • usdt0USDT0 (USDT0) $ 1.00
  • celestiaCelestia (TIA) $ 1.82
  • nexoNEXO (NEXO) $ 1.29
  • story-2Story (IP) $ 4.31
  • fartcoinFartcoin (FARTCOIN) $ 1.24
  • xdce-crowd-saleXDC Network (XDC) $ 0.074114
  • injective-protocolInjective (INJ) $ 12.09
  • flare-networksFlare (FLR) $ 0.016978
  • blockstackStacks (STX) $ 0.758498
  • optimismOptimism (OP) $ 0.642730
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,181.99
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,126.75
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 114,692.00
  • sonic-3Sonic (S) $ 0.339283
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999826
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.60
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,138.00
  • dogwifcoindogwifhat (WIF) $ 0.982850
  • curve-dao-tokenCurve DAO (CRV) $ 0.711182
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,213.36
  • immutable-xImmutable (IMX) $ 0.510555
  • the-graphThe Graph (GRT) $ 0.096896
  • pax-goldPAX Gold (PAXG) $ 3,364.45
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 117,023.00
  • clbtcclBTC (CLBTC) $ 121,068.00
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • flokiFLOKI (FLOKI) $ 0.000095
  • wbnbWrapped BNB (WBNB) $ 680.37
  • kaiaKaia (KAIA) $ 0.150233
  • vaultaVaulta (A) $ 0.539426
  • paypal-usdPayPal USD (PYUSD) $ 0.999091
  • iotaIOTA (IOTA) $ 0.213263
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 178.83
  • tether-goldTether Gold (XAUT) $ 3,357.07
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.36
  • msolMarinade Staked SOL (MSOL) $ 208.23
  • tokenize-xchangeTokenize Xchange (TKX) $ 9.71
  • theta-tokenTheta Network (THETA) $ 0.772887
  • jasmycoinJasmyCoin (JASMY) $ 0.015722
  • galaGALA (GALA) $ 0.016615
  • lido-daoLido DAO (LDO) $ 0.836982
  • raydiumRaydium (RAY) $ 2.76
  • ethereum-name-serviceEthereum Name Service (ENS) $ 22.08
  • the-sandboxThe Sandbox (SAND) $ 0.298665
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.75
  • saros-financeSaros (SAROS) $ 0.270574
  • ousgOUSG (OUSG) $ 111.80
  • memecoreMemeCore (M) $ 0.423021
  • aerodrome-financeAerodrome Finance (AERO) $ 0.805707
  • zcashZcash (ZEC) $ 41.96
  • bittorrentBitTorrent (BTT) $ 0.00000068
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998330
  • super-oethSuper OETH (SUPEROETH) $ 2,974.38
  • pyth-networkPyth Network (PYTH) $ 0.114912
  • tezosTezos (XTZ) $ 0.625263
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 3,181.49
  • jito-governance-tokenJito (JTO) $ 1.84
  • pendlePendle (PENDLE) $ 3.87
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • wrapped-hypeWrapped HYPE (WHYPE) $ 47.07
  • walrus-2Walrus (WAL) $ 0.447900
  • chain-2Onyxcoin (XCN) $ 0.018160
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 3,095.04
  • mog-coinMog Coin (MOG) $ 0.000002
  • tbtctBTC (TBTC) $ 116,540.00
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,975.53
  • flowFlow (FLOW) $ 0.380158
  • falcon-financeFalcon USD (USDF) $ 0.999801
  • morphoMorpho (MORPHO) $ 1.84
  • newton-projectAB (AB) $ 0.008651
  • usual-usdUsual USD (USD0) $ 0.997508
  • decentralandDecentraland (MANA) $ 0.304023
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 114,414.00
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 116,744.00
  • heliumHelium (HNT) $ 2.93
  • coredaoorgCore (CORE) $ 0.534160
  • thorchainTHORChain (RUNE) $ 1.51
  • staked-hypeStaked HYPE (STHYPE) $ 47.06
  • telcoinTelcoin (TEL) $ 0.005701
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,975.96
  • usddUSDD (USDD) $ 0.999801
  • ripple-usdRipple USD (RLUSD) $ 0.999786
  • bitcoin-svBitcoin SV (BSV) $ 25.75
  • beldexBeldex (BDX) $ 0.071572
  • based-brettBrett (BRETT) $ 0.051207
  • apecoinApeCoin (APE) $ 0.631682
  • conflux-tokenConflux (CFX) $ 0.098261
  • build-onBUILDon (B) $ 0.497690
  • true-usdTrueUSD (TUSD) $ 0.998650
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.191253
  • starknetStarknet (STRK) $ 0.134175
  • syrupMaple Finance (SYRUP) $ 0.447304
  • venomVenom (VENOM) $ 0.227253
  • 1inch1inch (1INCH) $ 0.337063
  • stader-ethxStader ETHx (ETHX) $ 3,167.93
  • deepDeepBook (DEEP) $ 0.184416
  • kavaKava (KAVA) $ 0.418010
  • arweaveArweave (AR) $ 6.88
  • reserve-rights-tokenReserve Rights (RSR) $ 0.007728
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999813
  • dydx-chaindYdX (DYDX) $ 0.591934
  • apenftAPENFT (NFT) $ 0.00000045
  • compound-governance-tokenCompound (COMP) $ 47.20
  • dexeDeXe (DEXE) $ 7.65
  • neoNEO (NEO) $ 6.18
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,283.41
  • aioz-networkAIOZ Network (AIOZ) $ 0.363451
  • elrond-erd-2MultiversX (EGLD) $ 14.98
  • ether-fiEther.fi (ETHFI) $ 1.10
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • usdbUSDB (USDB) $ 1.01
  • ecasheCash (XEC) $ 0.000020
  • eigenlayerEigenCloud (prev. EigenLayer) (EIGEN) $ 1.28
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.004033
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 116,048.00

DEX Trading Volumes Explode – Are CEXes Losing Their Grip on Crypto?

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DEX Trading Volumes Explode – Are CEXes Losing Their Grip on Crypto?

In June, total crypto market capitalization posted a modest 2.62% gain, even as volatility stayed elevated due to increased geopolitical tensions in the Middle East. Investor anxiety over potential energy supply disruptions and growing regional instability led to persistent pressure on asset prices.

Despite this, the DEX to CEX spot trade volume reached a historic peak of 27.9% in June.

DEX Fever Hits June

Over the past year, DEX trading volumes have more than doubled. This is in contrast with flat volumes on CEX platforms, according to the latest Binance Research report shared with CryptoPotato.

In fact, PancakeSwap led DEX market share growth as it climbed from 16% in April to 42% in June, driven by Alpha trading volume growth and the Infinity upgrade that boosted speed, cost, and liquidity efficiency. World Liberty Financial’s increased on-chain activity also boosted liquidity and yield opportunities.

Hyperliquid’s spot volume rose from $6 billion in January to nearly $10 billion in June, amidst fierce competition from decentralized perp trading solutions.

On Solana, PumpSwap also maintained strong user engagement. The same cannot be said for Raydium, Orca, and Meteora, which struggled to match their January trading peaks, then fueled by meme coin hype.

Hybrid CeDeFi Platforms Narrow the Gap

A major driver of this growth is that CEXes are increasingly channeling activity toward DEX platforms. Several large exchanges have launched or revealed hybrid models that merge CEX liquidity with on-chain settlement.

Binance Research explained that these CeDeFi offerings deliver low-slippage trading, MEV protection, and fast transactions, which allow DEX scalability while bridging the gap between centralized and decentralized crypto markets.

It also stated that the flexible regulatory environment for DeFi has allowed DEXes to innovate and expand with new features, which has driven their on-chain volumes. On the other hand, CEX spot volumes remain tied to retail speculation, macro conditions, and volatility, which makes them more vulnerable to external market shifts seen throughout this year.

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