PancakeSwap doubles quarterly volume to $530B as upgrades boost growth

PancakeSwap posted $325 billion in June trading volume, its highest ever, as crosschain swaps and Solana expansion fueled growth and dominance on BNB Chain.

PancakeSwap, a multichain decentralized exchange (DEX), reported a record-breaking $325 billion in trading volume for June, the highest monthly trading volume in the platform’s five-year history. 

The June total surpassed May’s $174 billion and pushed PancakeSwap’s second-quarter volume to $530 billion, more than doubling the $211 billion recorded in the first quarter, according to data from Dune Analytics.

Related: PancakeSwap launches one-click crosschain swaps to simplify DeFi UX

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