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In December, spot trading volume on the CEX fell to its lowest level since September 2024 at $1.13 trillion, down 32% from November ($1.66 trillion) and 49% from October ($2.23 trillion).
On the DEX, total trading volume fell to $245 billion in December - down 20% from $306 billion in November and 46% from $451.2 billion in October.