Decentralised exchanges hit record 24% share of spot crypto trading as CEX volumes sink

Decentralised exchanges (DEXs) have captured a record 24% share of spot cryptocurrency trading volume, while centralised exchange (CEX) volumes are on track for a new 12-month low of $670 million — down sharply from their annual high of $2.23 trillion. The milestone marks a historic high for the DeFi sector and signals growing trader preference for non-custodial platforms.