Decentralized exchanges had a large jump in cryptocurrency trading volume in March as U.S. regulators went after their centralized counterparts including Kraken, Coinbase and Binance.
Volume on DEXs reached $133.1 billion, the third consecutive monthly increase and the highest monthly total since May, according to DefiLlama data
Problem with majorify of those "decentralized exchanges" is that they are not really decentralized. Good example of that is Pancakeswap that is based on highly centrazlied BSC so how decentrazlied it can be in the end? In the same time, truly decentralized Bisq has only ~$100k daily volume so it makes it very costly to buy/sell any bigger amount of bitcoin.
That’s led some to speculate crypto traders will shift to DEXs, and the DefiLlama data suggests that could be happening.
I don't see that happening in foreseeable future as people prefer convenience and sense of (false) security over everything else.
I am using centralized exchanges from time to time but I am not keeping anythin there for more than a couple of days, fully knowing that every time I send my money there it might be the last time I see it.