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The cryptocurrency market is concluding 2024 with impressive results: in December, decentralized exchanges (DEX) reached a record trading volume. The Uniswap exchange became the industry leader, which processed transactions worth more than $105 billion, securing a 32.2% share in the DEX market. This is followed by PancakeSwap with $72.31 billion, or 22.16% of the total transaction volume. Raydium, the leading decentralized platform on the Solana blockchain, earned $56.46 billion, or about 17.3% of the market share. Other well-known players, including Aerodrome and Curve, collectively received about $50 billion.
However, not only decentralized exchanges can boast a record result. Centralized platforms (CEX) have also recorded a significant surge in trading activity. The volume of spot trading reached $2.78 trillion. This is the highest figure since May 2021. I hope that in the new year we will see impressive results and it will definitely please us.π
Happy New Year, dear friends!πππ₯ 2 replies
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