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In December, CEX and DEX trading volumes decreased by over 45% compared to October, with CEX trading volume reaching the lowest level since September 2024.
On January 3rd, according to data from The Block, the spot trading volume of centralized exchanges (CEX) in December 2025 dropped to the lowest point since September 2024, recording $1.13 trillion, a 32% decrease from November ($1.66 trillion) and a 49% decrease from October ($2.23 trillion). The total trading volume of decentralized exchanges (DEX) in December fell to $245 billion, down 20% from November ($306 billion) and down 46% from October ($451.2 billion).