Decentralized exchanges just hit a record high, with DEX-to-CEX spot volumes reaching parity for the first time. The middle-tier altcoin sector, once central to CEX activity, is losing ground. Meanwhile, a new generation of CLOB-based DEXs is preparing to reshape the landscape of crypto trading.

Polkaswap decentralized exchange (DEX) is breaking new ground in DeFi business models with its DEX-as-a-service offering.