BNB Chain has significantly increased its share in the decentralized exchange (DEX) market, showing trading volume figures that substantially exceed Ethereum.
Impact on DEX Market
BNB Chain recorded $2.544 billion in trading volume over 24 hours as of March 18, 2025, substantially exceeding Ethereum's $1.348 billion during the same period. PancakeSwap, the key player in this ecosystem, secured $1.639 billion in trading volume.
Memecoins Dominate
Trading activity on BNB Chain shows a clear preference for specific asset categories, with memecoins accounting for 72.52% of the total volume. Over 83% of meme projects have been launched on the Four.meme platform.
Liquidity Support Drives Growth
BNB Chain's Liquidity Pool Support Program has played a significant role in increasing ecosystem activity. Participating projects have achieved listings on Binance Alpha or Futures. Meanwhile, meme tokens have contributed the majority of transaction volume in the campaign.
BNB Chain's growth in the decentralized finance sector is highlighted by increased DEX trading volume and memecoin activity, supported by strategic initiatives. PancakeSwap and solutions like deBridge demonstrate ecosystem maturity, while Binance integration strengthens market positions.
