Binance’s BNB Chain leads DEX volumes for 5th consecutive week

BNB Chain continues to assert its dominance in the decentralized finance ecosystem, reporting a weekly DEX volume of 27.54 billion USD. This marks five consecutive weeks of leading the market.

Following BNB Chain, Solana and Ethereum recorded DEX volumes of 8.50 billion USD and 7.88 billion USD, respectively. BNB Chain’s lead indicates its growing popularity among users.

PancakeSwap significantly contributes to these volumes with a 24-hour DEX volume of 6.714 billion USD, greatly surpassing Uniswap’s 2.75 billion USD, showcasing its crucial role in BNB Chain’s success.