DEXs were winning the crypto battle well before FTX meltdown: Chainalysis

Figures from this Reuters article on the merits of CEXs vs DEXs

https://www.reuters.com/markets/currencies/cryptoverse-lets-talk-about-dex-baby-2022-11-22/

There has been a broader, more subtle shift to decentralized exchanges, with data from Chainalysis showing overall monthly trading volumes on DEXs were between $181.5 billion and $240.3 billion from August through October, compared with a range of $173 billion to $203.5 billion for CEXs.

This just confirms that DEXs are the natural direction of travel for crypto.

CEXs carry over the problems of fiat banking: you have to surrender control of your funds and hope you're dealing with an honest broker.

Crypto should be better than this. It should be about self-custody, and self-governance. This is what DEXs provide.