PancakeSwap Surges to $310B in Trading Volume with 179% Growth in 2024

The post PancakeSwap Surges to $310B in Trading Volume with 179% Growth in 2024 appeared first on Coinpedia Fintech News

PancakeSwap, a leading decentralized exchange (DEX), has announced a massive achievement in 2024. The platform recorded an impressive 179% year-on-year growth, hitting $310.6 billion in trading volume across nine blockchains. Key upgrades, including PancakeSwapX and a Telegram Swap-bot, drove the platform’s success. Layer-2 networks like Arbitrum and Base significantly contributed to this growth. Additionally, PancakeSwap saw over 14.38 million unique traders and a total value locked of $2.17 billion. This milestone solidifies PancakeSwap’s dominance in the multichain DeFi space.