PancakeSwap Achieves Highest Monthly Trading Volumes Since 2021

Decentralized exchange (DEX) PancakeSwap has achieved its highest monthly trading volumes since 2021, with activity surging in both January and February 2025. The platform, which predominantly operates on the BNB Chain network, processed $81.9 billion of trades in January and $78.7 billion in February, according to DeFiLlama data. This marks a substantial surge compared to the $1.6 billion and $1.4 billion recorded in the same months in 2024. Moreover, on Feb. 13, PancakeSwap hit another historic milestone, surpassing $1 trillion in cumulative trading volume across all supported blockchain networks. The DEX currently has a total value locked (TVL) of $1.5 billion and a market capitalization of $486 million. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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PancakeSwap Achieves Highest Monthly Trading Volumes Since 2021

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