In May, the proportion of DEX spot trading volume rose to 25%, setting a new historical high.

[May DEX spot trading volume share rises to 25%, hitting a record high] The spot trading volume share of decentralized exchanges (DEX) has risen to 25%, hitting a record high, and is the first time it is close to the market share of centralized exchanges (CEX). The total trading volume of DEX reached 410.2 billion USD, with PancakeSwap occupying 171.6 billion USD, ranking first, followed closely by Aerodrome and PumpSwap, with monthly trading volume approaching 15 billion USD. According to TheBlock, Hashed CEO Simon Kim stated that this is not just a shift in shares, but marks the market's transition from centralization to Decentralization. He predicts that DEX will surpass Centralized Exchange (CEX) by 2028 and achieve dominance by 2030. Kim emphasized that the growth of DEX is attributed to the meme coin craze, the lowering of wallet usage barriers, and the decreasing trust users have in CEX, "DEX is the true embodiment of the spirit of blockchain."