PancakeSwap, a significant figure in the decentralized finance (DeFi) sector, has demonstrated impressive trading volume performance in early 2025. The project continues to dominate among decentralized exchanges.
Record-Breaking Trading Volumes: A Sign of Dominance
PancakeSwap is currently processing significant trading volume of $1.56 billion in 24-hour trading volume according to the latest data. Its weekly volume stood at $13.44 billion, firmly placing PancakeSwap as the second-largest DEX by volume globally, trailing only Uniswap. On February 13, 2025, PancakeSwap captured nearly 22% of the entire DEX market share, affirming its leadership in DeFi.
Factors Behind PancakeSwap's Success
One of PancakeSwap's success factors is its deep liquidity pools, with Total Value Locked (TVL) at $1.66 billion, creating an attractive environment for trading. PancakeSwap stands out among competitors due to its reliability, a strong community support, and advanced functional capabilities including multi-chain network support and development of new features.
Recent Achievements of PancakeSwap
The recent deployment on Monad testnet and initiatives in the memecoin space such as ANDY and TST demonstrate PancakeSwap's ability to quickly adapt to new trends and evolving ecosystems. The platform is actively expanding and continues integration with new networks.
In 2025, PancakeSwap continues to solidify its position in DeFi by showing the importance of adaptability, strategic investments, and maintaining a high-quality core product.