CEX dominance persists despite rapid growth in DEX volumes

CEXs Centralized exchanges are dominated by a few big players, with Binance far outpacing all others in trading volume. With around $17 billion in 24-hour volume recorded on March 25, Binance’s trading volume is an order of magnitude higher than any other exchange. source: https://cryptoslate.com/cex-dominance-persists-despite-rapid-growth-in-dex-volumes/