US EditionDecentralized Exchanges Hit Record High, Capture 25% of Global Spot Trading Volume in May
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Decentralized Exchanges Hit Record High, Capture 25% of Global Spot Trading Volume in May
A major milestone occurred for the cryptocurrency industry in May 2025 when decentralized exchanges (DEXs) reached an unprecedented global market share of 25% in spot trading volume. The news was reported by The Block, a leading authority in digital assets, but was not given much coverage. Some analysts suggested that this was simply a growing sector of the overall Web3 market, with DEXs accounting for a mere 5% of total online trading. Other co…
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