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Decentralized exchanges reach record trading volume as market share climbs to 21.2% of spot markets (Image: Shutterstock)
DEX Market Share Climbs From 6% To 21.2% Since 2021 Despite Volatility, CoinGecko Report Shows
Dec 01, 2025
Decentralized exchanges captured a record $419.76 billion in trading volume during Oct. despite broader market corrections. The milestone reflects a sustained expansion in DEX market share that has pushed the platforms to account for more than one-fifth of all spot trading activity. The shift marks

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