PancakeSwap has achieved a record-breaking year in 2024, with a staggering $310 billion in trading volume, marking a 179% increase from the previous year. This surge is largely driven by the expansion of layer-2 networks like Arbitrum and Base, which saw trading volumes rise by over 3,500% each. The decentralized exchange (DEX) also benefited from a growing interest in DeFi and user-centric upgrades, such as PancakeSwapX, which offers zero-fee trading and gasless swaps. As a result, PancakeSwap ranks as the second-largest DEX by daily trading volume, trailing only Uniswap.
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CAKE
2,595
+2.97%
ARB
0,8074
+0.36%
UNI
14,191
+0.07%
986
0
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