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DEX-to-CEX Spot Volume Ratio Hits Record 24.16% in July

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FOMOGRAM Editorial Desk
Aug 3, 2026
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DEX-to-CEX Spot Volume Ratio Hits Record 24.16% in July
EXECUTIVE SUMMARY

Decentralized exchanges have been chipping away at the volume from centralized platforms for a while now and ever since April of last year, this ratio has consistently been in the double digits territory. Last month, onchain trading took its largest bite out of CEX volume. According to the Block’s DEX to CEX spot trade volume,...

Decentralized exchanges have been chipping away at the volume from centralized platforms for a while now and ever since April of last year, this ratio has consistently been in the double digits territory. Last month, onchain trading took its largest bite out of CEX volume. According to the Block’s DEX to CEX spot trade volume,...

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