CEX trading volumes fell to 4-year lows even before Binance, Coinbase suits.
Crypto trading activity declined for a second consecutive month in May, as combined spot and derivatives volumes fell 15.7%.
In May, Binance lost even more market share, falling to 43% overall, down from 57% in February. Binance's market share declined for the third consecutive month.
Over the past 48 hours, Trading volumes across the top three decentralized exchanges (DEXs) jumped 444%
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