CEX Spot and Derivatives Trading Volume Falls to $3.76 Trillion in July

Centralized exchange spot and derivatives trading volume fell to $3.76 trillion in July, down 23.9% from the previous month and the lowest since November 2023. According to Odaily, CEX spot volume dropped to $727 billion, while derivatives volume fell to $3.03 trillion. Derivatives accounted for 80.6% of total market volume, the highest level since September 2023.DEX spot market share rose to 19.5%, a record high, while futures market share increased to 14.9%, the highest since February. Uniswap led DEX spot trading with $53.4 billion, followed by PancakeSwap with $18.5 billion.