On December 21st, according to data from The Block Research, the trading volume of decentralized exchanges (DEX) in November reached 300 billion US dollars, surpassing the previous high point of 260 billion US dollars set in May 2021. The ratio of DEX to CEX trading volume continues to rise, reaching 11% in November, higher than the 9.3% at the beginning of 2024 and the 0.04% at the beginning of 2020.
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