PancakeSwap Dominates DEX Market with $158.4B Monthly Volume, Doubling Uniswap

Published at:2025年07月04日 08:42
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PancakeSwap has solidified its position as the leading decentralized exchange (DEX) with a staggering $158.4 billion in 30-day trading volume, nearly doubling the performance of its closest competitor Uniswap, which recorded $82.32 billion during the same period. Data from DefiLlama reveals PancakeSwap's $6.55 billion daily trading volume further underscores its market leadership. The platform's multi-chain strategy, supporting operations across nine blockchain networks, has significantly expanded its user base and liquidity pools. Notably, PancakeSwap achieved a record $325 billion trading volume in June alone, representing a near doubling from May's $174 billion and bringing its Q2 total to $530 billion according to Dune Analytics. This remarkable growth follows the platform's strategic update in April, including the launch of PancakeSwap's innovative features.
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DEX PancakeSwap trading volume decentralized exchange blockchain