[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

![Trader_XO Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1381341090.png) XO [@Trader_XO](/creator/twitter/Trader_XO) on x 523.3K followers
Created: 2023-07-10 00:23:13 UTC

Dex’s vs Cex’s - My X cent 

In the next altcoin cycle, there will come a time when decentralized exchange (DEX) trading volume exceeds that of centralized exchange (CEX) trading volume - we saw this briefly during 2021. 

Having dabbled in on-chain platforms (excluding bitcoin) / tools in previous cycles, it will pay off to actively explore different tools available since then, gaining a better understanding of the landscape one operates in.

The increasing implementation of Know Your Customer (KYC) requirements and regulatory restrictions on centralized exchanges will likely push more users towards decentralized exchanges. 

Consequently, the demand for DEXs will rise, leading to the expected shift in trading volume dynamics between CEXs and DEXs during the next significant alt cycle. 

The 10-20x multipliers will be over in Dex land imo


XXXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1678198150983475200/c:line.svg)

**Related Topics**
[onchain](/topic/onchain)
[cex](/topic/cex)
[centralized exchange](/topic/centralized-exchange)
[decentralized](/topic/decentralized)
[altcoin](/topic/altcoin)
[cent](/topic/cent)
[exchanges cexs](/topic/exchanges-cexs)
[exchanges dexs](/topic/exchanges-dexs)

[Post Link](https://x.com/Trader_XO/status/1678198150983475200)