[December Crypto Market Trading Volume Cools Down: CEX Down 32% MoM, DEX Also Declines] According to data from The Block, December's cryptocurrency trading volume on CEXs dropped to $1.13 trillion, hitting a 15-month low. This represents a 32% decrease from November's $1.66 trillion and a 49% drop from October's $2.23 trillion. Additionally, Binance accounted for the largest share of CEX trading volume last month, with $367.35 billion, followed by ByBit, HTX, Gate, and Coinbase. Analysts attribute the decline in trading volume to factors such as seasonal sentiment, suppressed volatility, and year-end portfolio adjustments. Meanwhile, DEX trading activity also declined last month, with total trading volume falling to $245 billion. This figure represents a 20% decrease from November's $306 billion and a 46% drop from October's $451.2 billion. Uniswap maintained its market dominance, with a monthly trading volume of $60 billion.