Decentralized peer-to-peer crypto exchanges are under heavy pressure as they witness a sharp decline in the total market share. 
The market share of peer-to-peer crypto platforms has dropped to 5% from a 2023 peak of 7% in March, Bloomberg reported citing Kaiko data.
Decentralized exchanges saw the monthly spot trading volumes drop 76% to $21 billion by June this year versus January 2022, more than the 69% drop for their centralized rivals to $429 billion….
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