CoinEx and Balancer are shutting down. I think the wave of CEXes and DEXes shutting down is only beginning. From a stablecoin and tokenized asset perspective, it is becoming pretty clear that unregulated venues are losing market share to regulated ones. That shift will undoubtedly squeeze everything downstream of these exchanges: apps, networks, and assets that rely on their liquidity, volumes, or distribution. I think there are a lot of conclusions to draw from a marketshare perspective

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LATEST: @CoinExcom shuts down after nine years, with users given until December 22 to withdraw funds, as CEO cites escalating security and compliance risks, joining BitMEX and BitMart in a wave of exchange closures this year.

📢 CoinEx will perform a server upgrade on Jul 9, 2026 (UTC) Spot, Margin, Futures trading, Swap, OnChain, and related services will be suspended from 03:00–03:10 UTC, followed by a 10-minute protection period (03:10–03:20 UTC) before normal trading resumes. Deposit, withdrawal, and financial services will NOT be affected. Details: