CEX Volumes Plummet to $1.95T Amid Shift to RWAs
Crypto Central Exchange (CEX) volume has shrunk to $1.95 trillion as investors are increasingly opting for Real World Asset-backed coins.
This trend is driven by growing concerns over market volatility and a desire for more stable store-of-value alternatives.
The CEX volumes have been steadily declining since last year, with the total volume dropping from its peak of $2.4 trillion in January 2023.