The trading volume on decentralized exchanges (DEX) has reached a new record compared to centralized exchanges (CEX), marking a significant shift in trading preferences.
Trading Volume Records of DEX
On June 27, 2025, the ratio of trading volumes on DEX to CEX reached an all-time high of 27.92%. This figure illustrates the growing user interest in decentralized platforms amidst privacy concerns and regulatory scrutiny on centralized exchanges. DEXs such as Uniswap and Solana-based platforms have shown considerable trading volumes.
Solana's Role in DEX Activity Increase
Solana has played a crucial role in boosting trading volumes on DEXs due to its high-performance network. Both ETH and SOL have emerged as significant beneficiaries, reflecting the rising interest in newly listed tokens on DEX.
Reasons for DEX Preference over CEX
Users favor decentralized exchanges for their security and privacy features. This preference is further exacerbated by ongoing regulatory scrutiny faced by centralized platforms. Additionally, there is an increasing interest in DEX governance tokens such as UNI and RAY.
The growing ratio of trading volumes between DEX and CEX highlights significant changes in user trading preferences. This trend may lead to structural market changes and heightened focus on decentralized platforms in the future.