BNB Chain has taken a leading position in the decentralized exchange market, outpacing Ethereum's trading volume in the past 24 hours.
BNB Chain's Superiority in the DEX Market
The BNB Chain has established a significant lead in the decentralized exchange (DEX) market, recording $2.544 billion in 24-hour trading volume as of March 18, 2025. PancakeSwap has emerged as a leading platform, generating $1.639 billion in trading volume, securing BNB Chain's market dominance.
The Rise of Memecoins
The current trading landscape on BNB Chain shows a clear preference for memecoins, which account for 72.52% of total trading volume. Among the weekly top 50 tokens, meme projects show a remarkable presence, with more than 83% launching on Four.meme. Alongside this, there is significant activity in DeFi, gaming, and AI projects.
Liquidity Support Program & Ecosystem Growth
The BNB Chain Liquidity Pool Support Program has been a catalyst for increased ecosystem activity. During the second round of the LP competition, meme tokens contributed the majority of transaction volume. Third-party data confirms BNB Chain is becoming the community-driven top choice for meme-related projects.
The data points to BNB Chain's expanding influence in decentralized finance, with particular strength in DEX trading volume and meme coin activity. The ecosystem's growth is supported by strategic initiatives and integration with Binance's infrastructure.
