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Technically speaking, CDC Exchange is hitting record high spot volumes, although still approx 50-60 percent off the ATH from Dec 2021.
This is matching the volume increase at other CEXes. CDC has now also more volume than Kraken or Kucoin (also bc of the DOJ indictment) and is ranked no9 among the largest global exchanges (whereas in 2023 it was way behind).
At the end of April CDC will be launching their main App in South Korea in an effort to penetrate the market and it also just god a full operational license in the UAE.
So no, not dying. Hope this helps!