The market share of DEX is continuously rising, with more and more traders shifting from centralized platforms to on-chain trading. How obvious is this trend? Just look at the recent on-chain data - trading activities on major public chains like Solana and BNB Chain are accelerating.

Interestingly, this growth is not dominated by a single chain, but rather the entire multi-chain ecosystem is expanding. Traders are no longer limited to a single platform but are flowing between DEXs on different chains as needed. What does this reflect? First, the liquidity and user experience of DEXs themselves are improving, and second, users' acceptance of decentralized trading is on the rise.

For those who are paying attention to the changes in the cryptocurrency market structure, this data is quite worth pondering. The rise of DEX has changed the trading landscape and has given more people the choice to participate in the market.