PancakeSwap Sees Record-Breaking Growth, Outpaces Uniswap in June Trading Volume

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…