Crypto Liquidity Wars: CEX vs DEX — Who’s Winning in 2025?
Crypto Liquidity Wars: CEX vs DEX — Who’s Winning in 2025? As the crypto ecosystem matures, the battle between centralized exchanges (CEXs) and decentralized exchanges (DEXs) has shifted from ideology to pure liquidity. Data for 2025 reveals a complex picture. Liquidity & Volume Trends According to Oak Research, CEXs dominated spot trading in 2024 — … Read more