The adoption of decentralized exchanges (DEXs) has grown significantly, with total weekly trading volume reaching an all-time high of $116.95 billion, a 13.23% increase from the previous week. PancakeSwap remains the leading DEX, followed by Uniswap and Raydium. DEXs dominate centralized exchanges (CEXs) with a 61.41% market share. The popularity of DEXs over CEXs demonstrates a shift in user preferences towards platforms that offer higher security, visibility, and regulation. The increasing trading volume and dominance of DEXs reflect the growing confidence in these platforms as secure and efficient means of trading. The rise of DEXs indicates the continued growth of decentralized finance and its potential to redefine the financial market.



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