Cryptocurrency market trading volume declined in December: CEXs dropped by 32% monthly and DEXs experienced a decrease

The trading volume on centralized exchanges (CEXs) dropped to 1.13 trillion USD, declining 32% from November’s 1.66 trillion USD. Binance was the top platform with 367.35 billion USD in volume.

Decentralized exchanges (DEXs) also saw a decline, with trading volume falling to 245 billion USD, down by 20% month-over-month. Uniswap remained dominant with a 60 billion USD trading volume.