PancakeSwap revealed its astonishing performance for 2024 in the latest report! 📈 The decentralized exchange (DEX) achieved a global trading volume of $31.06 billion, a year-on-year increase of 179%. This achievement was primarily driven by the L2 networks Arbitrum and Base. PancakeSwap's total trading volume in 2023 was $11.13 billion, and on December 16, 2024, they set a record for a single-day trading volume of $3.47 billion. 🔥

Additionally, PancakeSwap burned 455.5 million CAKE in 2024, with a net burn of 5.3 million tokens, accounting for 1.37% of the total supply. This move could impact the market supply and demand for CAKE. 🔍