What does it really mean when trading volume shifts from centralized exchanges to decentralized exchanges?

On the surface, it looks like liquidity is being redistributed. But the deeper change is this: market intelligence, trading behavior data, and even pricing power are moving on-chain. The information advantage that used to be exclusive to large platforms is now being broken down by on-chain transparency.

Some protocols focused on multi-chain data aggregation have already taken the lead in this space. What can they do? They can track trading activity across different blockchains in real time, integrate data streams from both DEXs and CEXs, and give users a more complete market picture—not just fragmented information from a single platform.

The core value of these tools lies in breaking down information silos. As trading activity becomes increasingly scattered across multiple chains and protocols, whoever can provide a unified, real-time data perspective will gain a new voice in the market.

The on-chain world isn’t lacking in data; what’s missing is the ability to turn that data into actionable intelligence.