<p>The ratio of spot trading volumes on decentralized exchanges (DEXs) compared to centralized exchanges rose for another month in a row, eclipsing 6% for August.</p> <p>July's ratio was <a href="https://www.theblockcrypto.com/linked/73939/dex-volume-ratio-july" target="_blank" rel="noopener noreferrer">3.95%</a>, as previously reported by The Block. The ratio broke out of a steady pattern above 1% starting in June, when the ratio more than doubled from May's 0.84% to 2.10%. </p> <div id="attachment_76880"class="wp-caption aligncenter" style="max-width: 1196px;"><img class="has-caption size-full wp-image-76880" src="https://www.tbstat.com/wp/uploads/2020/09/image-42.png" alt="" width="1186" height="722" /><p class="wp-caption-text"><em>Source: CryptoCompare, Coingecko, Dune Analytics, The Block Research</em></p></div> <p>August's overall DEX volume figure was <a href="https://www.theblockcrypto.com/linked/76545/dex-trade-volume-august" target="_blank" rel="noopener noreferrer">more than $11 billion</a> — a significant jump above July's $4.4 billion.</p>