DEX Spot Volume Hits Record 24% of CEX Trading, Highest Since 2019

TLDR: DEX spot volume reached 24% of CEX trading in July 2026, marking its highest recorded share since 2019. The ratio rose even as monthly DEX turnover fell 26%, showing relative gains during weaker market activity. Solana led 30-day DEX trading with $49.86 billion, surpassing BNB Chain, Ethereum, and Base combined. DEXs dominate new-token access, [...]

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