According to a report by The Block on January 2nd, data shows that cryptocurrency trading volume on CEXs fell to $1.13 trillion in December, hitting a 15-month low, a 32% decrease from $1.66 trillion in November and a 49% decrease from $2.23 trillion in October. Binance held the largest share of cryptocurrency trading volume on CEXs last month, reaching $367.35 billion, followed by ByBit, HTX, Gate, and Coinbase. Analysts attribute the decline to factors such as seasonal sentiment, reduced volatility, and year-end position adjustments. Furthermore, trading activity on DEXs also declined last month, with total trading volume falling to $245 billion. This figure represents a 20% decrease from $306 billion in November and a 46% decrease from $451.2 billion in October. Uniswap still maintains its market dominance with a monthly trading volume of $60 billion.