• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Record Transaction Volume for Pancakeswap Amid BSC Growth

user avatar

by Giorgi Kostiuk

a year ago

Pancakeswap has reported a record rise in transaction volume and Total Value Locked (TVL) amid increased activity on the Binance Smart Chain (BSC).

Pancakeswap's Trading Volume and TVL Rise

Pancakeswap reported a substantial increase in trading volume, reaching a record high of $22 million this week. The total value locked reached $1.902 billion. In December 2024, the overall monthly DEX trading volume was $462 billion, up 23.5% from November. Pancakeswap ranked second with a trading volume of $96.4 billion.

BSC's Impact on Pancakeswap's Success

Pancakeswap's success is closely linked with the growth of decentralized apps on Binance Smart Chain. Sectors such as NFTs, gaming, and DeFi have contributed significantly to the blockchain's development. BSC stands out for its low transaction fees and fast speed, making it attractive to users.

Interoperability and BSC Development

BSC's interoperability with the Ethereum Virtual Machine allows developers to easily migrate apps to BSC. This has led to the rapid growth of the Binance Smart Chain ecosystem, attracting many projects and developers. BSC's ability to connect with other protocols through various bridge chains expands its application and reach.

The growth of Pancakeswap highlights Binance Smart Chain's impact as a key platform for decentralized trading and development in the blockchain industry.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Nischal Shetty Shares Insights on Lessons Learned from WazirX Hack

chest

Nischal Shetty shares insights on lessons learned from the WazirX hack, reflecting on risk management and partnerships over the past 15 months.

user avatarTando Nkube

WazirX Resumes Operations Following Successful Restructuring

chest

WazirX, the Indian cryptocurrency exchange, has resumed operations following a court-approved restructuring process in Singapore.

user avatarKofi Adjeman

US Government Shutdown Ends After 43 Days

chest

The US government shutdown lasted for 43 days and ended on November 13, 2025, after President Trump signed a spending bill.

user avatarNguyen Van Long

WazirX Addresses Custody Dispute with Liminal Following Cyberattack

chest

WazirX is facing a custody dispute with Liminal after a cyberattack in July 2024 resulted in a loss of over $230 million.

user avatarSatoshi Nakamura

WazirX and Binance Ownership Dispute Escalates to Litigation

chest

The ownership dispute between WazirX and Binance has escalated to formal litigation, raising concerns among investors.

user avatarJesper Sørensen

Private Equity Activity Remains Sluggish Amid M&A Boom

chest

Private equity saw a slower rise in activity, with a 25% increase in total deals, reaching $889 billion in 2025. The sector struggled with asset sales, but notable buyouts, including a $5.5 billion takeover of Electronic Arts led by Saudi Arabia's Public Investment Fund, occurred.

user avatarRajesh Kumar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.