The broader crypto market is declining, and the trending tokenization narrative is also suffering. For instance, Centrifuge [CFG], a leader in this sector, lost 14% of its cap in a day. For Centrifuge, the total token trading volume is down by 7.5% in the past 30 days, reaching around $685 million. On the day, only $15 million in CFG was traded, more than four times less than its May peak volume of $64 million.