• bitcoinBitcoin (BTC) $ 108,814.00
  • ethereumEthereum (ETH) $ 2,559.80
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.28
  • bnbBNB (BNB) $ 661.85
  • solanaSolana (SOL) $ 151.66
  • usd-coinUSDC (USDC) $ 0.999901
  • tronTRON (TRX) $ 0.284368
  • dogecoinDogecoin (DOGE) $ 0.173233
  • staked-etherLido Staked Ether (STETH) $ 2,559.07
  • cardanoCardano (ADA) $ 0.585689
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 108,784.00
  • hyperliquidHyperliquid (HYPE) $ 39.40
  • wrapped-stethWrapped stETH (WSTETH) $ 3,096.29
  • suiSui (SUI) $ 2.94
  • bitcoin-cashBitcoin Cash (BCH) $ 492.43
  • chainlinkChainlink (LINK) $ 13.44
  • leo-tokenLEO Token (LEO) $ 9.03
  • avalanche-2Avalanche (AVAX) $ 18.23
  • stellarStellar (XLM) $ 0.242625
  • usdsUSDS (USDS) $ 0.999860
  • the-open-networkToncoin (TON) $ 2.94
  • shiba-inuShiba Inu (SHIB) $ 0.000012
  • wrapped-eethWrapped eETH (WEETH) $ 2,743.81
  • wethWETH (WETH) $ 2,560.97
  • litecoinLitecoin (LTC) $ 88.06
  • hedera-hashgraphHedera (HBAR) $ 0.157397
  • whitebitWhiteBIT Coin (WBT) $ 45.22
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999312
  • moneroMonero (XMR) $ 315.34
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 108,785.00
  • ethena-usdeEthena USDe (USDE) $ 0.999808
  • polkadotPolkadot (DOT) $ 3.41
  • bitget-tokenBitget Token (BGB) $ 4.42
  • uniswapUniswap (UNI) $ 7.44
  • pepePepe (PEPE) $ 0.000010
  • aaveAave (AAVE) $ 277.44
  • daiDai (DAI) $ 0.999831
  • pi-networkPi Network (PI) $ 0.457222
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • bittensorBittensor (TAO) $ 327.85
  • okbOKB (OKB) $ 48.77
  • aptosAptos (APT) $ 4.47
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • jito-staked-solJito Staked SOL (JITOSOL) $ 184.05
  • nearNEAR Protocol (NEAR) $ 2.19
  • internet-computerInternet Computer (ICP) $ 4.83
  • ethereum-classicEthereum Classic (ETC) $ 16.67
  • crypto-com-chainCronos (CRO) $ 0.081452
  • ondo-financeOndo (ONDO) $ 0.795549
  • susdssUSDS (SUSDS) $ 1.06
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • kaspaKaspa (KAS) $ 0.076759
  • mantleMantle (MNT) $ 0.570870
  • fasttokenFasttoken (FTN) $ 4.43
  • cosmosCosmos Hub (ATOM) $ 4.07
  • gatechain-tokenGate (GT) $ 15.30
  • vechainVeChain (VET) $ 0.020978
  • bonkBonk (BONK) $ 0.000023
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.675207
  • official-trumpOfficial Trump (TRUMP) $ 8.61
  • render-tokenRender (RENDER) $ 3.23
  • ethenaEthena (ENA) $ 0.261792
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 108,646.00
  • arbitrumArbitrum (ARB) $ 0.333213
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.183517
  • skySky (SKY) $ 0.077192
  • tokenize-xchangeTokenize Xchange (TKX) $ 19.85
  • quant-networkQuant (QNT) $ 109.22
  • filecoinFilecoin (FIL) $ 2.29
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,558.33
  • algorandAlgorand (ALGO) $ 0.177585
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.50
  • worldcoin-wldWorldcoin (WLD) $ 0.888649
  • sei-networkSei (SEI) $ 0.266236
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998582
  • usdtbUSDtb (USDTB) $ 0.999727
  • binance-staked-solBinance Staked SOL (BNSOL) $ 160.92
  • kucoin-sharesKuCoin (KCS) $ 11.04
  • usdt0USDT0 (USDT0) $ 1.00
  • jupiter-exchange-solanaJupiter (JUP) $ 0.450529
  • nexoNEXO (NEXO) $ 1.23
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,683.13
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,916.47
  • spx6900SPX6900 (SPX) $ 1.27
  • fartcoinFartcoin (FARTCOIN) $ 1.18
  • flare-networksFlare (FLR) $ 0.016779
  • injective-protocolInjective (INJ) $ 10.94
  • celestiaCelestia (TIA) $ 1.52
  • xdce-crowd-saleXDC Network (XDC) $ 0.065037
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.58
  • blockstackStacks (STX) $ 0.661049
  • sonic-3Sonic (S) $ 0.313892
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.015920
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999293
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,750.00
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,688.94
  • optimismOptimism (OP) $ 0.545089
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • pax-goldPAX Gold (PAXG) $ 3,342.92
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 109,001.00
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 108,646.00
  • dogwifcoindogwifhat (WIF) $ 0.897458
  • kaiaKaia (KAIA) $ 0.152361
  • wbnbWrapped BNB (WBNB) $ 661.48
  • paypal-usdPayPal USD (PYUSD) $ 0.999331
  • story-2Story (IP) $ 3.05
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,698.43
  • clbtcclBTC (CLBTC) $ 109,969.00
  • the-graphThe Graph (GRT) $ 0.084645
  • tether-goldTether Gold (XAUT) $ 3,334.13
  • flokiFLOKI (FLOKI) $ 0.000083
  • immutable-xImmutable (IMX) $ 0.426568
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 169.90
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.26
  • vaultaVaulta (A) $ 0.483506
  • msolMarinade Staked SOL (MSOL) $ 198.06
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 2,764.73
  • ousgOUSG (OUSG) $ 111.69
  • theta-tokenTheta Network (THETA) $ 0.698584
  • curve-dao-tokenCurve DAO (CRV) $ 0.502178
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.73
  • jito-governance-tokenJito (JTO) $ 1.96
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.997995
  • lido-daoLido DAO (LDO) $ 0.742190
  • galaGALA (GALA) $ 0.014254
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • zcashZcash (ZEC) $ 38.98
  • ethereum-name-serviceEthereum Name Service (ENS) $ 18.71
  • iotaIOTA (IOTA) $ 0.159436
  • wrapped-hypeWrapped HYPE (WHYPE) $ 39.28
  • aerodrome-financeAerodrome Finance (AERO) $ 0.718940
  • the-sandboxThe Sandbox (SAND) $ 0.246277
  • bittorrentBitTorrent (BTT) $ 0.00000061
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 108,479.00
  • syrupMaple Finance (SYRUP) $ 0.552109
  • jasmycoinJasmyCoin (JASMY) $ 0.012258
  • usual-usdUsual USD (USD0) $ 0.998479
  • walrus-2Walrus (WAL) $ 0.419623
  • raydiumRaydium (RAY) $ 2.16
  • super-oethSuper OETH (SUPEROETH) $ 2,557.90
  • saros-financeSaros (SAROS) $ 0.218197
  • tbtctBTC (TBTC) $ 108,598.00
  • pyth-networkPyth Network (PYTH) $ 0.098869
  • pendlePendle (PENDLE) $ 3.40
  • tezosTezos (XTZ) $ 0.528244
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,561.14
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,735.25
  • falcon-financeFalcon USD (USDF) $ 0.999884
  • newton-projectAB (AB) $ 0.008079
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,675.34
  • flowFlow (FLOW) $ 0.328887
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,560.35
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 108,802.00
  • decentralandDecentraland (MANA) $ 0.265769
  • coredaoorgCore (CORE) $ 0.499069
  • true-usdTrueUSD (TUSD) $ 0.998330
  • staked-hypeStaked HYPE (STHYPE) $ 39.29
  • apecoinApeCoin (APE) $ 0.607653
  • bitcoin-svBitcoin SV (BSV) $ 24.39
  • ripple-usdRipple USD (RLUSD) $ 0.999866
  • chain-2Onyxcoin (XCN) $ 0.013932
  • thorchainTHORChain (RUNE) $ 1.34
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999901
  • venomVenom (VENOM) $ 0.226369
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.173196
  • based-brettBrett (BRETT) $ 0.044314
  • dexeDeXe (DEXE) $ 7.59
  • apenftAPENFT (NFT) $ 0.00000044
  • beldexBeldex (BDX) $ 0.060461
  • kavaKava (KAVA) $ 0.397307
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.004287
  • morphoMorpho (MORPHO) $ 1.37
  • usddUSDD (USDD) $ 0.999927
  • heliumHelium (HNT) $ 2.25
  • starknetStarknet (STRK) $ 0.114267
  • reserve-rights-tokenReserve Rights (RSR) $ 0.007106
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • usdbUSDB (USDB) $ 1.00
  • movementMovement (MOVE) $ 0.155652
  • dydx-chaindYdX (DYDX) $ 0.528595
  • stader-ethxStader ETHx (ETHX) $ 2,722.23
  • mog-coinMog Coin (MOG) $ 0.000001
  • compound-governance-tokenCompound (COMP) $ 41.33
  • neoNEO (NEO) $ 5.48
  • elrond-erd-2MultiversX (EGLD) $ 13.47
  • conflux-tokenConflux (CFX) $ 0.074405
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 1.00
  • aioz-networkAIOZ Network (AIOZ) $ 0.316388
  • kaitoKAITO (KAITO) $ 1.55
  • build-onBUILDon (B) $ 0.375630
  • ecasheCash (XEC) $ 0.000019
  • deepDeepBook (DEEP) $ 0.147433
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,559.92
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 108,594.00
  • axie-infinityAxie Infinity (AXS) $ 2.19
  • eigenlayerEigenCloud (prev. EigenLayer) (EIGEN) $ 1.15
  • ether-fiEther.fi (ETHFI) $ 0.952292
  • telcoinTelcoin (TEL) $ 0.003885

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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