A Chainalysis analytical data shows that the number of DEXs increased by two times between the first quarter of the year and the third quarter of 2021. However, the number of CEXs has remained almost the same between the same period. Moreover, this vast growth of DEXs has been supported by a new Chainalysis analysis that indicates that it is the fastest-growing sort of cryptocurrency exchange. The statistics show that DEX's rose by more than 100 percent between Q1 2019 and Q3 2021 to reach over 205 in June. CEX's, on the other hand, had a roughly slight increase, from 100 to 120 in the same period before returning to the 100 range. This report by Chainalysis also analyzed Over the Counter (OTC) brokers. For instance, there were 150 OTC brokers in the third quarter of 2021, an increase of around 50% over the previous quarter. Further, the number of high-risk exchanges rose to roughly 150 in mid-2020, before a sudden fall below 100 in the third quarter of 2021. The report also indicates that the derivatives exchanges have maintained the 125 mark achieved in 2019. Chainalysis explains that the sudden rise of the DeFi category, in general, has corresponded with the rapid increase in popularity of DEXs between the two quarters. DEX's overall value climbed from nearly $10 billion in July 2020 to $368 million in May 2021. This is a 3579 percent rise. Binance: Still the Top Dog in Crypto According to Similar Web data, some CEXs like Binance are still way popular, as it recorded 171 million visits in the past month. Binance indicated a 12% rise from the previous month's number. This data demonstrates that Binance still dominates its rivals, despite recent regulatory scrutiny and pressure from competitors across the world. Coinbase came in second with 91 million visits, up 31% from the previous month. A notable number three is PancakeSwap, a DEX on the Binance Smart Chain. The analysis shows that it has 25 million visits and a 14 percent monthly increase in back-to-back months. Further, Bybit is in fourth place with 24 million visitors. This indicates an eight percent fall from the previous month.