TLDR Crypto · MARKETS & BUSINESS

DEXS STRUGGLE TO COMPETE WITH CEXS AS FUTURES TRADING VOLUMES SHIFT BACK

links.tldrnewsletter.com3 min read

Summary from the TLDR Crypto newsletter

Decentralized exchanges (DEXs) are losing market share to centralized exchanges (CEXs) in the futures market. DEX market share has dropped from 5.18% to 3.26% of trading volume since February. This is because of challenges like having lower liquidity and less user-friendly interfaces causing traders to shift back to centralized platforms.