PancakeSwap Sees Record-Breaking Growth, Outpaces Uniswap in June Trading Volume

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PancakeSwap, a multichain decentralized exchange (DEX), reported a record-breaking $325 billion in trading volume for June, the highest monthly trading volume in the platform’s five-year history. 

The June total surpassed May’s $174 billion and pushed PancakeSwap’s second-quarter volume to $530 billion, more than doubling the $211 billion recorded in the first quarter, according to data from Dune Analytics.

PancakeSwap DEX monthly volume and trader Source: Dune Analytics

Related: PancakeSwap launches one-click crosschain swaps to simplify DeFi…



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PancakeSwap Sees Record-Breaking Growth, Outpaces Uniswap in June Trading Volume


PancakeSwap, a multichain decentralized exchange (DEX), reported a record-breaking $325 billion in trading volume for June, the highest monthly trading volume in the platform’s five-year history. 

The June total surpassed May’s $174 billion and pushed PancakeSwap’s second-quarter volume to $530 billion, more than doubling the $211 billion recorded in the first quarter, according to data from Dune Analytics.

PancakeSwap DEX monthly volume and trader Source: Dune Analytics

Related: PancakeSwap launches one-click crosschain swaps to simplify DeFi…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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