DEX Spot Volume Ratio Reached About 25% of CEX Volume in September 2026

Photo: TokenPost
Decentralized exchanges handled spot-trading volume equal to about 25% of centralized exchanges’ spot volume in September 2026, a ratio that does not identify what changed on either side. The ratio compares DEX spot volume with CEX spot volume. It does not give the dollar totals or show whether DEX volume increased, CEX volume decreased or both changed. A rising ratio can reflect lower CEX volume rather than stronger DEX demand. Trading incentives can also inflate reported activity. Earlier quarterly figures offer context but do not explain the September ratio.
Source: TokenPost







