Centralized crypto exchanges lost 31. 2% of their spot crypto trading volume in July, falling to $727 billion and marking the lowest monthly total since October 2023. Decentralized exchanges also lost volume, but only 9.
Source: [CryptoSlate](https://cryptoslate.com/nearly-1-in-5-crypto-spot-trades-now-happen-on-dexs-as-centralized-exchange-volume-collapses/)