Dossier
Centralized Exchanges
Coverage of Centralized Exchanges in the Nexus archive.
- What is Hyperliquid?
Hyperliquid is a decentralized crypto trading platform focused on perpetual futures with a custom-built blockchain for high speed and low fees. It aims to merge the efficiency of centralized exchanges with DeFi's transparency and on-chain execution.
- The wrong way to trade $3.85T
Decentralized exchanges accounted for 10% of total crypto trading volume in 2026 so far, while centralized exchanges continue to grow. Total processed volume this year reached $3.85T, with projections of $10T by year-end and $18T next year.
- Crypto in sustained winter as CEX volumes drop 39% in Q1: CoinGecko
Centralized crypto exchange (CEX) trading volumes dropped 39% in Q1 2024, with March recording the lowest monthly volume at $800 billion since November 2023, according to CoinGecko.