📊 DATA: DEXs hit a record 19.5% of combined crypto spot volume in July—but not because on-chain trading surged. CEX spot volume collapsed 31.2% to $727B, while DEX volume fell just 9.82% to $176B. The shift is resilience, not proof DEXs now lead price discovery. https://cryptoslate.com/nearly-1-in-5-crypto-spot-trades-now-happen-on-dexs-as-centralized-exchange-volume-collapses/(CryptoSlate)