Pancakeswap crosses Uniswap as a 14B leading DEX 14 B

Pancakeswap requested a top position in the global ranking of decentralized exchange (DEK), reaching over $ 14 billion in a weekly trading volume.

According to CoinMarketcap, PANSAKESVAP (Cake) In the past week, in the past week, in the past week, it has seen an impressive increase in activities of 58.04% last week.

Bnb (Bnb) Chain-based DEX now consists of 29.18% of all decentralized trading trading, with a weekly range of 14,1168 billion dollars and a daily volume of trading (TVL) of 1.67 billion dollars.

This increase in activity helped pancakes to run into Etherum (El) -Based Uniswap (Uni), which experienced a decrease of 50.56% in weekly trading activities. The trading volume dropped to 8.611 billion USD in spite of 3.93 billion higher TVL.

Raidium based Solana Video is a drop of 24.75%

While Pansakesvap gained the scope of trading, other large platforms experienced a significant decline. In Sunday activities, Raidium considered a reduction in weekly activity, while the meteor and liquid fell by 33.03% and 52.76%.

The success of PansakesVAP could be due to several factors, including lower fee for the BNB chain transaction compared to Etherem, faster weather and user interface platform. The exchange especially benefited from increasing interests for BNB coins for based meme.

Among the top tokens on Pansakeswap:

• BNB cards LED performance metric with 298% win in 24 hours
• Mubarakah (increasing 197%).
• CUZ (110% increase)
• Sirena (15.67% increases)

However, not all assets are well forged. BUBB fell 24.99%, and tell the story that 19.56% was reduced in the same period.

The parent token token, cake, also showed strong performance, and recent price data indicating an increase of 40.6% over the past week and 56.2% for two weeks. However, the coin experienced a smaller return of 0.5% in the daytime. The token also claimed a positive 3.1% win for 30 days.

The platform has spread beyond simple replacement tokens to include constant trading, prediction markets, NFT Marketplaces and lottery systems. This expansion has created a large define that helped in adopting and small and institutional users.